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Merck vs Pfizer

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Merck vs Pfizer
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Merck & Co., Inc vs. Pfizer, Inc.

Amy Lan Lan Liu
Connor Buestad
Raghul Subramanian
Natalia Cosa

ACCT 831

March 16, 2011

Table of Contents:

Part 1: History, Background and Core Business …...................................................................2 a. Merck & Co., Inc. ….............................................................................................................. 2 b. Pfizer, Inc. …........................................................................................................................... 2 c. Core Business …...................................................................................................................... 3 Value Chain …................................................................................................................... 4 Porter’s Five Forces …....................................................................................................... 6 SWOT Analysis …................................................................................................ …….... 8

Part 2: Financial Analysis …..................................................................................................... 15 a. Profitability Analysis …........................................................................................................ 15 b. Liquidity Analysis …............................................................................................................. 18 c. Solvency Analysis …..............................................................................................................19

Part 3: Valuation Analysis ….................................................................................................. ..20 a. Residual Income …................................................................................................................20 b.


References: Allasraki, M. (2011, February 27). The 10 biggest-selling drugs that are about to lose their patent. Retrieved from http: http://www.dailyfinance.com/2011/02/27/top-selling-drugs-are-about-to-lose-patent-protection-ready/ Datamonitor Hoover 's Company Records. Merck and Co.,Inc. (2012). Retrieved from http://www.hoovers.com/company/Merck__Co_Inc/rrytji-1-1njhw5.html Hoover 's Company Records CNN.com. (2011). Fortune 500 2011: Industry: Pharmaceuticals. Retrieved from http://money.cnn.com/magazines/fortune/fortune500/2011/industries/21/index.html Merck.com NYSE (2012).  Retrieved from: http://www.advfn.com/p.php?pid=financials&symbol=NYSE%3AMRK Pfizer.com US Department of Treasury. (2012). Retrieved from: http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield Yahoo Finance
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