Updated English Corporate Presentation

A World-LeadingAnimal Health Company

Welcome To



Who We Are

… an innovation-driven leader in the

provision of products and solutions

which enhance the health, well-being and

performance of animals

1

Meri

al


At A Glance

A world leader in animal health

50%

Mercksanofi-aventis

Merial

50%

Joint venture

• Created August 1997

• 2006 Sales ≈ $2.2bn

• Global business operating in more than 150 countries

• 5,000 employees worldwide

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Meri

al


Focused On Customers

MERIAL

Ruminants(Sheep, Cattle)

Swine

Avian

Veterinary Public Health

Pets

Equine

Animal Health

Production Animals

Companion Animals

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Meri

al


Animal Health: A Global Industry

Source: Wood Mackenzie *excluding nutritional feed additives and environmental health

Driven by innovation

Long product life cycles

Strong cash generative ability

CompanionAnimals (and Other)

($6.6bn)Global Animal Health Market

2006: $16.1bn*

Production Animals ($9.5bn)

Ruminants ($5.1bn)

Swine ($2.6bn)

Avian ($1.7bn)

59%

41%

Pets ($5.2bn)

Equine ($0.9bn)

Other ($0.5bn)

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14.4%

13.7%

6.6%

5.7%

5.5%

5.5%

3.2%

2.9%

8.8%

5.8%

Pfizer

Merial

Intervet (Organon BioSciences)

Bayer

Fort Dodge (Wyeth)

Schering Plough

Novartis

Elanco

Virbac

Boehringer

An Industry Leader

Top

10

pla

yers

–72%

of

mark

et

Oth

ers

– 2

8%

28%

72%

Source: Wood Mackenzie

*excluding nutritional feed additives and environmental health

2006

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Merial Sales 2006: $2.2bn

Diversified By Sector

CompanionAnimal67%

Production Animal33%

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Meri

al

Source: Merial SH Operating Report 2006


Source: Merial SH Operating Report 2006

Merial Sales 2006: $2.2bn

Diversified By Region

United States45%

EMEA

33%International

12%

Latin America10%

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Meri

al


Product Lines and Top Brands

Other Animal Health

21%40%

27%3%

8%

fipronil

Anti-MicrobialsBiologicals

avermectins

Gallimune

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Meri

al


Merial has nine international Research & Development centers which deliver and support efficient, innovative, safe and cost effective animal health products

R&

D

PharmaceuticalsBiologicals

New Technologies

Providing Innovative Solutions

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Scope

R&D spans the entire lifecycle …from discovery through commercialization

• Discovery

• Pre-development

• Development

• Registration

• Life cycle optimization

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R&

D


R&D And Animal Health Professionals

Producers

Merial

IndustryPartnerships

An essential alliance

Academia

Authorities

Veterinarians

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R&

D


The Essential Links

16 Industrial Operations sites worldwide, supported by toll

manufacturers

An integrated approach

R&D

Industrial Operations

Customers

Supply Chain

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Ind

ustr

ial O

pera

tion

s&

Su

pp

ly C

hain


Meeting Customer Needs Worldwide

• Operational Excellence in Industrial Operations & Supply Chain

• Integrated management of demand, supply and distribution - worldwide

• Partnership with R&D to deliver new products

• Adoption of new technologies in production and distribution

• Leadership in Health, Safety and Environment

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Ind

ustr

ial O

pera

tion

s&

Su

pp

ly C

hain


Corp

ora

te S

up

port

Fu

ncti

on

sWorking In Partnership

Communications

Legal/IP

Finance

Pharmaco-vigilance

Information Services

Human Resources

Corporate Development

Operational Excellence

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Our Vision And Values

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Meri

al


For more information, visit www.merial.com

A World-Leading Animal Health Company

Education

Updated English Corporate Presentation