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Investor Presentaiton

Organizational Transformation - A balanced, integrated program USA India Other Emerging Europe markets Then: Oral Solids only Future: Complex capabilities, New therapies, dosage forms Then: Chronic driven business Then: Lack of Harmonization Then: Driven by Germany & Oral Solids Now: Acute the growth driver Future: Harmonized efforts in marketing, New launches & Practices Future: Germany, UK, OTC Why? Preparing for the future, Better margins Why? Scale & Access post Elder acquisition - A new balance Why? Sustainability & Predictability Why? Margins, Lucrative segment

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