Annual Review 2005

This Information is Intended for Investors

INTRODUCTION 1 NEW HOPE FOR PATIENTS 2 CHAIRMAN'S LETTER TO SHAREHOLDERS 8 FINANCIAL HIGHLIGHTS 12 DELIVER MORE NEW MEDICINES, MORE QUICKLY, TO PATIENTS 14 DRIVE OUR ADVANTAGES IN SIZE, REACH AND PRODUCTIVITY 23 BUILD THE PERFORMANCE POTENTIAL OF EACH COLLEAGUE 26 SHAPE A POSITIVE ENVIRONMENT FOR BETTER HEALTHCARE 29 CREATE NEW DIRECTIONS IN HEALTH AND WELLNESS 32 BOARD OF DIRECTORS 36 CORPORATE AND SHAREHOLDER INFORMATION           INSIDE BACK COVER