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why: Merck & Co., Inc. issued a statement to manage investor expectations and legally protect itself from liability related to predictions about future performance. The pharmaceutical industry is inherently risky, and this disclaimer acknowledges those risks.
Who: The statement is from merck & Co., Inc., a major pharmaceutical company based in Kenilworth, New Jersey. It’s directed towards investors, analysts, and anyone relying on the company’s public statements.
What: Merck is clarifying that its forward-looking statements – predictions about future results – are based on current beliefs and are not guarantees. Many factors could cause actual outcomes to differ substantially.
How: The company uses standard legal disclaimers, outlining potential risks and explicitly stating it won’t update these statements even if circumstances change. This is a common practice in the pharmaceutical and financial sectors.
Merck & Co., Inc. clarifies the unpredictable nature of its buisness, stressing that past performance is not a guarantee of future results.
Company management bases its forward-looking statements on current beliefs and expectations. Though, these insights are subject to significant risks and uncertainties.
No Guarantees for Pipeline Products
there’s no assurance that products in development will achieve necessary regulatory approvals. Commercial success is also not guaranteed.
Should underlying assumptions prove incorrect, or if risks and uncertainties materialize, the actual outcomes could differ substantially from these forward-looking statements.
key Factors Influencing Outcomes
Several elements can impact a company’s trajectory:
- General industry conditions and competitive landscape.
- Broad economic factors, including currency and interest rate fluctuations.
- Regulatory impacts and healthcare legislation in the U.S. and globally.
- global efforts to control healthcare costs.
- Technological advancements and competitor patents.
- Challenges in new product development and approval processes.
- The company’s accuracy in predicting market conditions.
- Manufacturing complexities or delays.
- Financial instability in international economies and sovereign risks.
- Reliance on patent protection for innovative products.
- Exposure to litigation, including patent disputes and regulatory actions.
The Duty to Update: A Non-Commitment
The company explicitly states it has no duty to publicly update any forward-looking statement. This applies even if new details emerges or future events occur.
Additional factors that might cause results to deviate from those mentioned in forward-looking statements can be found in the company’s 2015 Annual Report on Form 10-K.
These details, along with other company filings with the Securities and Exchange Commission (SEC), are accessible via the SEC’s website.
Information Currency
The information presented on this website was accurate as of its presentation date.
The company will not update this information to reflect subsequent developments.
Investors should not consider the website’s content current or accurate after the initial presentation date.
the company undertakes no obligation to publicly update any forward-looking statement, whether consequently of new information, future events or otherwise.
This statement is a crucial disclaimer for Merck & Co., Inc., Kenilworth, NJ, USA, addressing the uncertainties inherent in predicting
