Biohaven Pharmaceuticals

Corporate can spin the numbers however they want. Just watch who finishes on top at the end of the year. The southeast will be at the top, guaranteed! Oh and did I mention that the Nashville Region will kick all your butts?

 

little grasshopper go to your company board and brag away on your numbers; nobody cares what you think here.

 

Wallets matter. Fact is, Buyohaven as a company, is valued at 97.3% less than Amgen. If we perform, we get bought and layed off. If we don't perform, we get laid off. Either way, we lose.

Chop shop? Fo sure.

 

and yet you chose to work here knowing the risks. Make you $$$..No guts, no glory.

 

Not everyone is making big money. And our pipeline isn't all that great outside of migraine. So it is a legit concern.

 

Not if you've been out of work or better yet, about to be let go from a previous employer due to a PIP or company downsizing. The double dipping in this industry is fantastic and I'll keep doing it as long as I can. I'm just happy to be here like so many other "under performing" folks I work with. As with most other pharma jobs, when the next best thing shows up, I am so out of here! Rock on everyone!!!!

 

True. Losers work here. We’re on a sinking ship. Enjoy it while we can

 

The leadership was brought on board enticed by the buyout idea. They got a sh*tload of stock options knowing when BH was bought they laugh to the bank. Bet on it.

 

Totally that's why they were so picky to get "talent" and spend big $$. Successful launch guaranteed a successful corporate transaction.

 

I guess I am missing your point. Everyone is Hell bent on negativity against this company. I guess you are hoping to make us feel threatened or stupid for coming here. Companies get bought all the time. Pharma is volatile. While I’d love to have stability it just doesn’t happen in this industry any more. This situation is as good as it gets. So you can go ahead and crap all over the company. Most of us are as satisfied as we can be during this 2020 shit show.

 

The same reason you missed the point is the same reason you work here… You’re a moron. The above post was answering an original poster who said if we do well we get bought and get laid off, if we don’t do well we get laid off. That was the point dumdum. Bio Haven went after all their friends to be DMs And waved the cash carrot - Waiting for a buyout. It’s all good for them. Depending on the buyer it may not be good for sales people — overlap and duplication of effort equals layoffs.

 

That’s the industry. In my career I’ve been through several downsizings, layoffs, sales force mergers and what not. Most I’ve made it through, some I have not. But most of the time myself or people I’ve known have landed better and many times even pocketed a decent severance if they find a job quickly. Of course Biohaven plans to sell. But in the meantime I’m making more money in base and bonus here, getting more launch experience and success and build my resume. I’d like to stick around if things pan out since I’m happy here, but if not I’ll take the paycheck and launch success I’m having and get another job and maybe yet another bump in base. It’s not just Biohaven-it’s the industry.

 

Which is rapidly being redefined. What you experienced in the past will not be what you will experience moving forward. But I think we all know this is obvious.

 

Good luck hunting for a new job during this covid nightmare. The jobs will be hard to come by and this job isn’t going to last for long. Too many of us. Chop chop on the way . By September is what I am hearing

 

Not sure if this comment is true but I do remember during a company call being told this was not sustainable if it continued into the fall. Well, things are not going to go back to normal anytime soon. So I wonder if that statement is still accurate.

 

What is frustrating is I don't think covid is the main reason things are not taking off the way they anticipated. I think it is fair to say by now they over hired. Upper management just wants to blame covid for their miscalculation.

 

THIS

 

Mid September sales force cutbacks and the plans for "right-sizing" territory headcounts and alignments, will provide enough weeks of severance pay to get us at least through the Christmas holidays.

 

Mid September sales force cutbacks and the plans for "right-sizing" territory headcounts and alignments, will provide enough weeks of severance pay to get us at least through the Christmas holidays.

 

This is a mature comment with the right perspectives; things will work out, it just takes time, and perhaps more time given the environment... expect the best but plan for worst.