Schering-Plough

Schering-Plough Corporation
Company typeSubsidiary
IndustryPharmaceuticals
Founded1971 (by merger with Plough, Inc.)
DefunctNovember 2009 (2009-11)
FateMerged with Merck & Co.
HeadquartersKenilworth, New Jersey
Key people
Fred Hassan
Final CEO & Chairman
RevenueUS$18.502 billion (2008)
US$1.903 billion (2008)
ParentMerck & Co.

Schering-Plough Corporation was an American pharmaceutical company. It was originally the U.S. subsidiary of the German company Schering AG, which was founded in 1851 by Ernst Christian Friedrich Schering. As a result of nationalization, it became an independent company. In 1971, the Schering Corporation merged with Plough, Inc. (founded by Memphis-based entrepreneur Abe Plough in 1908[1]) to form Schering-Plough. On November 4, 2009 Merck & Co. merged with Schering-Plough with the new company taking the name of Merck & Co.

Schering-Plough manufactured several pharmaceutical drugs, the most well-known of which were the allergy drugs Claritin and Clarinex, an anti-cholesterol drug Vytorin, and a brain tumor drug Temodar. These are now available from Merck & Co.[2]

Schering-Plough also owned and operated the major foot care brand name Dr. Scholl's and the skin care line Coppertone. These also became a part of the new company.[3]

As of June 2005, Schering-Plough had 1.4% market share in the U.S., placing it seventeenth in the top twenty pharmaceutical corporations by sales compiled by IMS Health.[citation needed]

Schering-Plough was a full member of the European Federation of Pharmaceutical Industries and Associations (EFPIA),[4] a membership which is also maintained by the new Merck & Co.[5]

  1. ^ "Abe Plough (1892-1984)". Tennessee Encyclopedia of History and Culture. Archived from the original on 2015-05-19.
  2. ^ "Merck US Prescription Products". Merck.com. Archived from the original on November 4, 2010. Retrieved November 10, 2010.
  3. ^ "Merck Consumer Products". Merck.com. Archived from the original on November 20, 2010. Retrieved November 10, 2010.
  4. ^ "The Pharmaceutical Industry in Figures - 2008 Edition". European Federation of Pharmaceutical Industries and Associations (EFPIA). p. 49. Archived from the original on 2008-09-16. Retrieved 2008-08-25.
  5. ^ "Trade Association Memberships". Merck.com. Archived from the original on November 19, 2010. Retrieved November 8, 2010.

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