abbott diabetics

Discussion in 'Abbott' started by Anonymous, Aug 22, 2008 at 2:48 PM.

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  1. Anonymous

    Anonymous Guest

    Hey Dunky what's in store for ADC in 2015?
     

  2. Anonymous

    Anonymous Guest

    The future is bright at ADC. We have put lots of time and efforts into moving forward with our best sales team in place. Those of you on board should feel proud And distinguished to represent ADC in 2015.

    Good selling my fellow ADCers.

    Duncan
     
  3. Anonymous

    Anonymous Guest

    You guys still paying off the FDA?
     
  4. Anonymous

    Anonymous Guest

    Not since we got rid of our dead wood like you.
     
  5. Anonymous

    Anonymous Guest

    Dunky called madina.
     
  6. Anonymous

    Anonymous Guest

    This is innovative, and just one of many products in development that will truly change diabetes management as we know it. Note the projected cost of "pennies per day". Open source technology is also the future: data collectors that do not need proprietary devices to read them.

    Compare that to ADC's idea of "innovation": 2X to 3X the cost per day of current BGM test strips. Closed, proprietary systems.

    ADC's vision is bigger and more expensive battleships, dependent upon a huge and costly infrastructure to keep them operating. While ADC has its head buried in the sand, out of the box thinkers are developing inexpensive, fast and flexible systems that make Libre look like a transistor radio from the 50's.

    Abbott is anything but stupid, and realized that the whole diabetes monitoring game would shift away from areas where a pharma company could compete and make the margins they need. That is why ABT pulled the plug on ADC R&D years ago. Libra is a diversion built upon technology developed 6 - 7 years ago.
     
  7. Anonymous

    Anonymous Guest

    Abbott buys new innovative companies. Runs them until they are done, discards them, buys another. Abbott may stay in the diabetes business but not with Medisense/Therasense/ADC. Abbott has have run these strip companies for 19 years now and made lots of money but this technology has had its day. Time to do something new. Throw out the old, buy the new.
     
  8. Anonymous

    Anonymous Guest


    Abbott recognised the problems with BGM a long time ago, but they made a critical error in cutting spending then trying to sell the division at a premium price. No one would buy for the entirely predictable reason that the spending cuts meant everyone else knew Abbott were trying to pull a fast one.

    Once that opportunity was missed, plan B was to continuously reduce staff as sales fell, maintaining profitability until it got to the point where it could be sold as a commodity business, perhaps at less than a third of its former size. The buyers of course would still be making a mistake but at the lower purchase price Abbott might well find someone crazy enough to take it on.
     
  9. Anonymous

    Anonymous Guest

    I love this BGM. The Greater Binghamton Airport is conveniently located 8 miles outside Binghamton, New York. Because we are situated near the intersection of I88, I81 and the future I86, BGM is the ideal choice for travelers coming to and from Binghamton, Johnson City, Vestal, Endicott, Owego, Oneonta, Cooperstown, Norwich, Greene and many other bustling towns in Upstate NY.
     
  10. Anonymous

    Anonymous Guest

    I would guess an asian company who wants to get into the PL BGM business to buy Freestyle, and some poor sap in Europe to buy CGM.
     
  11. Anonymous

    Anonymous Guest

    Dunky would be into asian women.
     
  12. Anonymous

    Anonymous Guest

    Got word. Next week or first week in Feb. 62 gone....
     
  13. Anonymous

    Anonymous Guest

    Makes him feel big.
     
  14. Anonymous

    Anonymous Guest

    There is hardly even 62 reps currently left in the country. There is something like 80 something reps. So if your rumor is true, you're saying there will only be 20 something's reps left in the country. I call BS on this.
     
  15. Anonymous

    Anonymous Guest

    You don't even need that many. All the will be needed are a handful or so to call on formularies and submit bids, plus another handful of support people in Alameda. No more calling on offices, pharmacists, sampling.
     
  16. Anonymous

    Anonymous Guest

    More than just reps at ADC.
     
  17. Anonymous

    Anonymous Guest

    Unfortunatley for you, your vision and business savvy got you in the unemolyment line. Do something with your life Clem instead of putting your arse brain on display for all to laugh at you.
     
  18. Anonymous

    Anonymous Guest

    This is aligned with the rumors we have been hearing in Alameda and in field sales since last fall: ADC will no longer use field sales reps, and samples will be handled via UPS.

    Many of us have heard rumors of a secret consulting project ADC did a few years ago which found conclusively what we have all suspected but could never admit: doc's don't care which meter, and just about all of them leave that to the nurse, DE, or pharmacist, who gives the patient whatever meter is tier one on their plan. Field sales is meaningless to the business, and the recommendation was to eliminate field sales, which is a huge savings, and put the money into bids.

    This was so devastating to the Empire that it even mentioning this study will get you on Duncan's radar screen and in serious trouble. However at a sales meeting, during one of those late night bar scenes, at the end, when just a few of us were left, with just one of Dunky's oldest and closest boys present (Dunky not there, gone where he always goes), someone asked him about this. You can guess who that was, and we have all seen him sputter and fume. But on this, he didn't deny it. Instead, he went off about how mentioning that can get you fired, etc. But his drunken state was above normal even for him, so someone said "what do you think about that?". He couldn't help himself, and spouted about how the consultants were right, he has known this all along, this is all about winning bids and plans, and if people had only listened to him, yada yada..

    I don't know when the next layoff is due, but as for what they will do next, if you look at the clues, follow the numbers, listen to the buzz, it's not hard to predict what it will look like. For those of us who do, and have been here long enough, we have never been surprised at what they have done so far. Based on that, I can say many of us believe the next one is over due, and will be the elimination of field sales reps.
     
  19. Anonymous

    Anonymous Guest

    True, you got Dunky and his posse. Lmfao