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Merck & Co. (MRK) Kenneth C. Frazier on Q3 2015 Results - Earnings Call Transcript


Good morning. My name is Darla and I will be your conference operator today. At this time I'd like to welcome everyone to the Q3 2015 sales and earnings call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. Thank you.

I would now like to turn the call over to Teri Loxam. Please go ahead.

Teri Loxam - Investor Contact, Merck & Co., Inc.

Thank you, Darla, and good morning to everyone. Welcome to Merck's Third Quarter 2015 Conference Call. Today I'm joined by Ken Frazier, our Chairman and Chief Executive Officer; Rob Davis, our Chief Financial Officer; Adam Schechter, President of Global Human Health; and Dr. Roger Perlmutter, President of Merck Research Labs.

Before I turn the call over to Ken, I want to point out a couple of items. First, you will see that we have items in our GAAP results such as acquisition-related charges, restructuring costs, and certain other items. You should note that we've excluded these items from our non-GAAP results and provided a reconciliation of these items in Table 2 of our press release. We've also provided a...