New
Jersey
|
22-1109110
|
(State
or other jurisdiction
|
(I.R.S.
Employer
|
of
incorporation or organization)
|
Identification
No.)
|
David
N. Shine
Michael
A. Levitt
Fried,
Frank, Harris, Shriver & Jacobson LLP
One
New York Plaza
New
York, New York 10004
(212)
859-8000
|
Title
of Each Class of Securities
to
Be Registered (1)
|
Amount
to Be Registered (2)
|
Proposed
Maximum Offering Price
Per
Unit (3)
|
Proposed
Maximum Aggregate
Offering
Price (3)
|
Amount
of
Registration
Fee
|
Common
Stock, par value $0.01 per share
|
7,285,338
|
$51.82
|
$377,526,215
|
$11,590
|
(1)
|
This
registration statement relates to the resale by the selling stockholders
named herein of up to 7,285,338 shares of common stock, par value
$0.01
per share, of the registrant that were issued to the selling stockholders
in connection with the Agreement and Plan of Merger, dated July 24,
2007,
by and among Merck & Co., Inc., Star Transaction Corporation, a wholly
owned subsidiary of Merck, and NovaCardia,
Inc.
|
(2)
|
Pursuant
to Rule 416(a) promulgated under the Securities Act, this registration
statement also registers such additional shares of the registrant’s common
stock as may become issuable with respect to the shares being registered
hereunder as a result of stock splits, stock dividends or similar
transactions.
|
(3)
|
Estimated
solely for the purpose of calculating the amount of the registration
fee
pursuant to Rule 457(c) promulgated under the Securities Act, based
upon
the average of the high and low sales prices of the registrant’s common
stock on September 24, 2007, as reported on the New York Stock
Exchange.
|
About
This Prospectus
|
1
|
Our
Company
|
2
|
Risk
Factors
|
3
|
Forward-Looking
Statements
|
3
|
Use
of Proceeds
|
5
|
Selling
Stockholders
|
6
|
Plan
of Distribution
|
11
|
Where
You Can Find Additional Information
|
15
|
Incorporation
of Certain Documents by Reference
|
16
|
Legal
Matters
|
17
|
Experts
|
17
|
·
|
Significant
litigation related to
Vioxx.
|
·
|
Competition
from generic products as our products lose patent
protection.
|
·
|
Increased
“brand” competition in therapeutic areas important to our long-term
business performance.
|
·
|
The
difficulties and uncertainties inherent in new product development.
The
outcome of the lengthy and complex process of new product development
is
inherently uncertain. A candidate can fail at any stage of the process
and
one or more late-stage product candidates could fail to receive regulatory
approval. New product candidates may appear promising in development
but
fail to reach the market because of efficacy or safety concerns,
the
inability to obtain necessary regulatory approvals, the difficulty
or
excessive cost to manufacture and/or the infringement of patents
or
intellectual property rights of others. Furthermore, the sales of
new
products may prove to be disappointing and fail to reach anticipated
levels.
|
·
|
Pricing
pressures, both in the United States and abroad, including rules
and
practices of managed care groups, judicial decisions and governmental
laws
and regulations related to Medicare, Medicaid and health care reform,
pharmaceutical reimbursement and pricing in
general.
|
·
|
Changes
in government laws and regulations and the enforcement thereof affecting
our business.
|
·
|
Efficacy
or safety concerns with respect to marketed products, whether or
not
scientifically justified, leading to product recalls, withdrawals
or
declining sales.
|
·
|
Legal
factors, including product liability claims, antitrust litigation
and
governmental investigations, including tax disputes, environmental
concerns and patent disputes with branded and generic competitors,
any of
which could preclude commercialization of products or negatively
affect
the profitability of existing
products.
|
·
|
Lost
market opportunity resulting from delays and uncertainties in the
approval
process of the FDA and foreign regulatory
authorities.
|
·
|
Increased
focus on privacy issues in countries around the world, including
the
United States and the EU. The legislative and regulatory landscape
for
privacy and data protection continues to evolve, and there has been
an
increasing amount of focus on privacy and data protection issues
with the
potential to affect directly our
business.
|
·
|
Changes
in tax laws including changes related to the taxation of foreign
earnings.
|
·
|
Changes
in accounting pronouncements promulgated by standard-setting or regulatory
bodies, including the Financial Accounting Standards Board and the
SEC,
that are adverse to us.
|
·
|
Economic
factors over which we have no control, including changes in inflation,
interest rates and foreign currency exchange
rates.
|
Prior
to the offering
|
After
the offering
(assuming
all shares of our common stock being offered hereby are sold)
(1)
|
|||||||||||||||||||||||||||||||
Name
of Selling Stockholder
|
Shares Held Directly (2) |
Escrow Fund Shares (3) |
Stockholders’ Representative Reserve Shares (4) |
Total
Number of shares of our common stock beneficially
owned
(5) |
Percent
of shares of our common stock
outstanding(6)
|
Number
of shares of our common stock being registered for
resale
|
Number
of shares of our common stock beneficially
owned
|
Percent
of shares of our common stock outstanding
|
||||||||||||||||||||||||
Chamberlin,
Paul
|
12,203
|
993
|
36
|
13,232
|
*
|
13,232
|
—
|
*
|
||||||||||||||||||||||||
Domain
Partners V, L.P. (7)
|
1,498,984
|
121,984
|
4,436
|
1,625,404
|
*
|
1,625,404
|
—
|
*
|
||||||||||||||||||||||||
DP
V
Associates, L.P. (7)
|
35,591
|
2,896
|
105
|
38,592
|
*
|
38,592
|
—
|
*
|
||||||||||||||||||||||||
Farmer,
Brian
|
30,848
|
2,544
|
93
|
33,485
|
*
|
33,485
|
—
|
*
|
||||||||||||||||||||||||
Feldman,
Cynthia C.
|
3,729
|
303
|
11
|
4,043
|
*
|
4,043
|
—
|
*
|
||||||||||||||||||||||||
Forward
Ventures V, L.P. (8)
|
965,076
|
78,536
|
2,856
|
1,046,468
|
*
|
1,046,468
|
—
|
*
|
Prior
to the offering
|
After
the offering
(assuming
all shares of our common stock being offered hereby are sold)
(1)
|
|||||||||||||||||||||||||||||||
Name
of Selling Stockholder
|
Shares
Held Directly
(2) |
Escrow
Fund Shares
(3) |
Stockholders’
Representative Reserve Shares (4)
|
Total
Number of shares of our common stock beneficially owned
(5) |
Percent
of shares of our common stock
outstanding
(6) |
Number
of shares of our common stock being registered for
resale
|
Number
of shares of our common stock beneficially
owned
|
Percent
of shares of our common stock outstanding
|
||||||||||||||||||||||||
GC&H
Investments, LLC (9)
|
3,771
|
307
|
11
|
4,089
|
*
|
4,089
|
—
|
*
|
||||||||||||||||||||||||
Giargiari,
Robert P.
|
697
|
57
|
2
|
756
|
*
|
756
|
—
|
*
|
||||||||||||||||||||||||
Glenn
Holdings, L.P. (10)
|
3,486
|
284
|
10
|
3,780
|
*
|
3,780
|
—
|
*
|
||||||||||||||||||||||||
Hebert,
Kimberly
|
2,521
|
324
|
12
|
2,857
|
*
|
2,857
|
—
|
*
|
||||||||||||||||||||||||
Heilbron,
Abby
|
92
|
8
|
—
|
100
|
*
|
100
|
—
|
*
|
||||||||||||||||||||||||
Hermosa
Family Limited Partnership (11)
|
30,682
|
2,497
|
91
|
33,270
|
*
|
33,270
|
—
|
*
|
||||||||||||||||||||||||
Howard
C. Dittrich Living Trust Dated June 23, 1995, as amended
(12)
|
106,220
|
9,331
|
339
|
115,890
|
*
|
115,890
|
—
|
*
|
||||||||||||||||||||||||
InterWest
Partners IX, LP (13)
|
641,153
|
52,175
|
1,897
|
695,225
|
*
|
695,225
|
—
|
*
|
||||||||||||||||||||||||
John
E. Crawford & Julie A. Crawford Liv. Tr. DTD 11/30/89
(14)
|
55,786
|
4,540
|
165
|
60,491
|
*
|
60,491
|
—
|
*
|
||||||||||||||||||||||||
Leeanne
L. Pearson Family Trust (15)
|
12,551
|
1,021
|
37
|
13,609
|
*
|
13,609
|
—
|
*
|
||||||||||||||||||||||||
Lighthouse
Capital Partners V, L.P. (16)
|
92,778
|
7,550
|
275
|
100,603
|
*
|
100,603
|
—
|
*
|
||||||||||||||||||||||||
Montreux
Equity Partners II SBIC, L.P. (17)
|
356,981
|
29,050
|
1,056
|
387,087
|
*
|
387,087
|
—
|
*
|
||||||||||||||||||||||||
Montreux
Equity Partners III SBIC, L.P. (17)
|
414,808
|
33,756
|
1,227
|
449,791
|
*
|
449,791
|
—
|
*
|
||||||||||||||||||||||||
Mugerditchian,
Mark
|
30,680
|
3,025
|
110
|
33,815
|
*
|
33,815
|
—
|
*
|
||||||||||||||||||||||||
Praeger,
Robin, as Stockholders’ Representative (4)
|
—
|
—
|
20,080
|
20,080
|
*
|
20,080
|
—
|
*
|
||||||||||||||||||||||||
Randall
and Nancy Woods Family Trust dated October 2, 2000 (18)
|
190,912
|
19,822
|
721
|
211,455
|
*
|
211,455
|
—
|
*
|
||||||||||||||||||||||||
Senchak,
Frances M.
|
433
|
35
|
1
|
469
|
*
|
469
|
—
|
*
|
||||||||||||||||||||||||
Skyline
Venture Partners III, L.P. (19)
|
4,581
|
373
|
14
|
4,968
|
*
|
4,968
|
—
|
*
|
||||||||||||||||||||||||
Skyline
Venture Partners Qualified Purchaser Fund III, L.P.
(19)
|
183,993
|
14,973
|
544
|
199,510
|
*
|
199,510
|
—
|
*
|
||||||||||||||||||||||||
Skyline
Venture Partners Qualified Purchaser Fund IV, L.P.
(19)
|
754,297
|
61,383
|
2,232
|
817,912
|
*
|
817,912
|
—
|
*
|
Prior
to the offering
|
After
the offering
(assuming
all shares of our common stock being offered hereby are sold)
(1)
|
|||||||||||||||||||||||||||||||
Name
of Selling Stockholder
|
Shares
Held Directly
(2) |
Escrow
Fund Shares
(3) |
Stockholders’
Representative Reserve Shares (4)
|
Total
Number of shares of our common stock beneficially owned
(5) |
Percent
of shares of our common stock
outstanding
(6) |
Number
of shares of our common stock being registered for
resale
|
Number
of shares of our common stock beneficially
owned
|
Percent
of shares of our common stock outstanding
|
||||||||||||||||||||||||
Snyder,
John
|
7,275
|
854
|
31
|
8,160
|
*
|
8,160
|
—
|
*
|
||||||||||||||||||||||||
Tansey,
Michael J. B.
|
17,433
|
1,419
|
52
|
18,904
|
*
|
18,904
|
—
|
*
|
||||||||||||||||||||||||
Trinkle,
Michael
|
1,394
|
113
|
4
|
1,511
|
*
|
1,511
|
—
|
*
|
||||||||||||||||||||||||
The
Alan C. and Agnès B. Mendelson Family Trust (20)
|
942
|
77
|
3
|
1,022
|
*
|
1,022
|
—
|
*
|
||||||||||||||||||||||||
The
Board of Trustees of the Leland Stanford Junior University (SBST-LS)
(21)
|
7,542
|
614
|
22
|
8,178
|
*
|
8,178
|
—
|
*
|
||||||||||||||||||||||||
The
Fields Family Trust UTA dated April 29, 1996 (22)
|
14,643
|
1,192
|
43
|
15,878
|
*
|
15,878
|
—
|
*
|
||||||||||||||||||||||||
Turner,
Joseph
|
4,183
|
340
|
12
|
4,535
|
*
|
4,535
|
—
|
*
|
||||||||||||||||||||||||
Versant
Affiliates Fund II-A, L.P. (23)
|
15,531
|
1,264
|
46
|
16,841
|
*
|
16,841
|
—
|
*
|
||||||||||||||||||||||||
Versant
Side Fund II, L.P. (23)
|
7,321
|
596
|
22
|
7,939
|
*
|
7,939
|
—
|
*
|
||||||||||||||||||||||||
Versant
Venture Capital II, L.P. (23)
|
819,006
|
66,649
|
2,424
|
888,079
|
*
|
888,079
|
—
|
*
|
||||||||||||||||||||||||
VP
Company Investments 2004, LLC (20)
|
942
|
77
|
3
|
1,022
|
*
|
1,022
|
—
|
*
|
||||||||||||||||||||||||
Weber,
Eckard
|
241,742
|
19,672
|
715
|
262,129
|
*
|
262,129
|
—
|
*
|
||||||||||||||||||||||||
Widder
Family Limited Partnership (24)
|
39,050
|
3,178
|
116
|
42,344
|
*
|
42,344
|
—
|
*
|
||||||||||||||||||||||||
Windamere
II, LLC (10)
|
17,806
|
1,449
|
53
|
19,308
|
*
|
19,308
|
—
|
*
|
||||||||||||||||||||||||
Windamere
III, LLC (10)
|
83,993
|
6,835
|
249
|
91,077
|
*
|
91,077
|
—
|
*
|
||||||||||||||||||||||||
Zimmer,
Patricia K.
|
1,394
|
113
|
4
|
1,511
|
*
|
1,511
|
—
|
*
|
|
•
through the writing or settlement of standardized or over-the-counter
options or other hedging or derivative transactions,
whether through an options exchange or
otherwise;
|
|
•
through the distribution of the common stock by any selling stockholder
to
its partners, members or
stockholders;
|
|
•
in other ways not involving market makers or established trading
markets,
including direct sales to purchasers or sales effected through
agents;
|
·
|
the terms of the offering;
|
·
|
the names of any underwriters or
agents;
|
·
|
the purchase price of the
securities;
|
·
|
any delayed delivery arrangements;
|
·
|
any underwriting discounts and other items constituting underwriters’
compensation;
|
·
|
any initial public offering price;
and
|
·
|
any discounts or concessions allowed or reallowed or paid to
dealers.
|
·
|
our
Annual Report on Form 10-K for the fiscal year ended December 31,
2006
filed on February 28, 2007;
|
·
|
our
Quarterly Report on Form 10-Q for the quarterly period ended March
31,
2007, filed on May 8, 2007;
|
·
|
our
Quarterly Report on Form 10-Q for the quarterly period ended June
30,
2007, filed on August 8, 2007;
|
·
|
our
Current Reports on Form 8-K filed on February 20, 2007, March 5,
2007,
April 30, 2007, May 22, 2007, June 4, 2007, July 5, 2007, July
30, 2007, September 17, 2007 and September 25, 2007;
and
|
·
|
the
description of our common stock set forth in our Registration Statements
filed pursuant to Section 12 of the Exchange Act, and any amendment
or
report filed for the purpose of updating such
description.
|
SEC
registration
fee
|
$11,590
|
Printing
and engraving
expenses
|
$0
|
Legal
fees and
expenses
|
$35,000
|
Accounting
fees and
expenses
|
$1,000
|
Miscellaneous
|
$10,000
|
Total
|
$57,590
|
MERCK &
CO.,
Inc. (registrant) |
|||
|
By:
|
/s/ Richard T. Clark | |
Richard T. Clark | |||
Chairman, President and Chief Executive Officer | |||
|
By:
|
/s/ Celia A. Colbert | |
Celia A. Colbert | |||
Vice President, Secretary and Assistant General Counsel | |||
Signature
|
Title
|
Date
|
||
/s/ Richard
T.
Clark
Richard
T. Clark
|
Chairman,
President and Chief Executive Officer; Principal Executive Officer;
Director
|
September
25, 2007
|
||
/s/
Peter N.
Kellogg
Peter
N. Kellogg
|
Executive
Vice President and Chief Financial Officer; Principal Financial
Officer
|
September
25, 2007
|
||
/s/
John
Canan
John
Canan
|
Vice
President, Controller; Principal Accounting Officer
|
September
25, 2007
|
Signature
|
Title
|
Date
|
/s/ Johnetta
B.
Cole
Johnnetta
B. Cole
|
Director
|
September
25, 2007
|
||
/s/
Steven F.
Goldstone
Steven
F. Goldstone
|
Director
|
September
25, 2007
|
||
/s/
William B. Harrison,
Jr.
William
B. Harrison, Jr.
|
Director
|
September
25, 2007
|
||
/s/
William N.
Kelley
William
N. Kelley
|
Director
|
September
25, 2007
|
||
/s/
Rochelle B.
Lazarus
Rochelle
B. Lazarus
|
Director
|
September
25, 2007
|
||
/s/
Thomas E.
Shenk
Thomas
E. Shenk
|
Director
|
September
25, 2007
|
||
Anne
M. Tatlock
|
Director
|
|
||
/s/
Samuel O.
Thier
Samuel
O. Thier
|
Director
|
September
25, 2007
|
||
/s/
Wendell P.
Weeks
Wendell
P. Weeks
|
Director
|
September
25, 2007
|
||
/s/
Peter C.
Wendell
Peter
C. Wendell
|
Director
|
September
25, 2007
|
Exhibit
Number
|
Description
of Document
|
|
5*
|
Opinion
and Consent of Celia A. Colbert, Vice President, Secretary and
Assistant
General Counsel of the registrant
|
|
23(a)*
|
Consent
of PricewaterhouseCoopers LLP
|
|
23(b)*
|
Consent
of Celia A. Colbert, Vice President, Secretary and Assistant General
Counsel of the registrant is contained in Exhibit 5 to this registration
statement.
|
|
24*
|
Powers
of Attorney (included on the signature page herein)
|