Seriously, am I the only be who thinks...

Am I the only one who thinks this place is going under? The future seems certain that the company will not make it. This is not a joke and how I pay for my family to eat. Why isn’t the board doing anything? Why is Pops still in charge? Do we have to hot below $5 a share for an alarm to go off? There will be a certain point where recovery is not possible. I have worked here for years and have never seen it this bad. I think we are doomed.

 

I think the board will eventually force a sale of all non-royalty assets for whatever they can get. Then they’ll fire 3/4 of us and it’ll be over. Until then....enjoy the ride. It’s not a bad place to work.

 

We have about $500 million a year coming in from license agreements. Viv will slowly grow past $300 million a year. I think Vivitrol sales team is solid and continues to see great organic sales increases year after year.

Aristada on the other hand is weak. Probably come in aound $225 million this year which is less than they expected first year post launch. 3831 will be a horrible product to promote if it even gets approved.

I'd be really worried if I was an Aristada rep, MSL, FRM, HBM or KAM. Managed markets team was slashed this last downsizing so I think they are safe.

 

May be your worst post of the back to to back to back posts. Aristada was supposed to do$225 million in its first year? Dummy!

 

Everyone, smart enough, sees the writing on the wall! Nobody wants to talk about it. What is the point?! Just enjoy the ride if you are ok with it. More ambitious people take control and Leave. This place is very quiet about Great people leaving so not to disturb this Fake Image of the Great Company Alkermes once was. They will Never admit their shortcomings and wrongdoings either. You are with them or Not ---that is the attitude!!! This company is in trouble financially and retaining Great people and those two are interdependent if you ask me. Good luck!!! There are better alternatives out there dont let them tell you otherwise.

 

100% accurate. We are in a robust economy and there are plenty of jobs available they pay better than here without all the headaches. If I was an FRM or KAM, I would definitely be looking. I’ve heard rumbles around corporate that those positions are going away very soon.

 

There is a Turkish proverb..."The fish rots from the head down". That's certainly true about this place.

 

The company started to go downhill after Aristada was launched. Fax

 

It's time to stop bitching and take action. We know that this horror show will not get any better with the existing management, and we know that the board will not take the action necessary to remove them. That means that the shareholders of the company need to act. They are the last best hope we have to avoid a total disaster. As employees, all we can do is give the shareholders as much information as possible to make that happen.

Here is what I'm going to do, and I urge you to do the same. I'm going to create a phony anonymous email address and write to the big investment groups that hold over 57% of our stock. I'm going to tell them what we all know about the mismanagement, self-dealing, incompetence, waste, and stupidity we see every day in this place. I'm going to do it over and over again and I'm going to provide as many specific examples as I can. They need to take action to force a leadership change, and we need to prod them to do it.

Vanguard (including the Prime Cap Fund)
Attention: Mortimer Buckley, CEO
advisor_services@vanguard.com

T. Rowe Price
Attention: William Stromberg, CEO
ceo@troweprice.com

Wellington
Attention: Brendon Swords, CEO
info@wellington.com

Blackrock
Attention: Larry Fink CEO
contact.us@blackrock.com

If we don't force a management change VERY soon, we will all go down on a sinking ship.

 

ok, girlfriend, you are not playing. I am onboard! First time Cafe Pharma Has actually been useful.

 

or just quit since you don’t like it here instead of throwing a fit like a baby and demanding changes

 

Or just get rid of the useless idiots that hurt our company. Make Alkermes Great Again!!!!!!

 

guessing that is anyone who is not a Viv rep in your mind

 

It’s anyone who does not bring in revenue for the company. That includes FRM’s, KAMs and most Aristada reps

 

All three of the major market indexes closed at record highs on Friday, and our stock went down. This is simply not sustainable.

 

shouldnt you be at a drug court trying to convince a judge to order people to take your drug?

 

So you either don’t work for Alkermes and get all your misinformation from sham leftist media sources or you’re a bitter, underperforming Aristada rep. Which one?

 

Wrong on both guesses Spanky! I don't even work here. Just trying to see if I can get someone to believe I do. Thanks for proving how gullible you are. Most people who post stuff here are from other companies. Now get back to drug court and let the judge do your job.

 

Our stock is dropping like a stone again today! Well....at least it didn't drop any on Monday...of course the markets were closed on Monday...but still I take that as a victory.

 

The stock is under $19.00 again. Back in familiar territory. I don't know what to think about this, because Papa Pops has not told me what to think today. Clearly I need a a bigger ration of Papa Pops Kool Aid, otherwise I might conclude that falling stock prices is actually bad news.

But how could this be bad news? We are a wonderful company, and we're doing everything right, and our leadership is flawless. I'm so confused.