Total Break-Up of the Empire

Discussion in 'Pfizer' started by Anonymous, Jul 29, 2013 at 5:06 PM.

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  1. Anonymous

    Anonymous Guest

    WIth the announcement of the new consolidated corp structure, Pfizer will have the biggest downsizing in corp history.

    The Plan is to consolidate specialty and primary care. The only divisions not effected is Oncology and Vaccines. All other specialties that are 1 product divisions will be merged by March 2015. (MS, ENDO, AI, Hemophilia, Inflammation will merge together)-- MS doesnt have a product in Dec, AI products will move to generic/establish division, Hemo doesnt make any money, and the Xeljanz inflammation division is way under performing for a blockbuster drug status and need to move Wyeth reps out and upgrade talent.

    Primary Care will move all products to a contract sales force model given PC doctors decision to prescribe products is payer base, not rep or product itself. This CSO model will deliver the same results given reps have little impact with results in the PC market, at the same time save the company multi millions from salary (pc cso reps avg 35-40k yr--so $100million a yr savings just in salary) as well as from not paying Obama healthcare costs, and retirement costs. A select few pfizer PC specialty reps will be placed to call only on therapeutic specialty physicians. (bottom line Pfizer like most companies are getting out of the primary care product business in the US and turning to more of a biotech/specialty product company where more profit exists-- every earnings report those products loose money and the RD pipeline doesnt have true PC products; its all specialty products.)

    As a shareholder these moves will boost the stock price as profits will increase with massive operations expenses reduces while supporting resources to drive core products with the greatest profit margins. For employees it is going to be a massive change, but for those who stay it will be very rewarding with the stock price soaring--- and that's the CEO job is to increase stock price. THis is the model that will do it.
     

  2. Anonymous

    Anonymous Guest

    WRONG
     
  3. Anonymous

    Anonymous Guest

    No commie, it was your democrat CEOs that did this. Your democrats run Wallstreet and it's their lack of morals that cause the cancers we have now. A true free market system has no use for your demoncrat crony capitalism we have now. Dumbass.
     
  4. Anonymous

    Anonymous Guest

    Pfizer announced last week that it will split-up into 3 separate divisional businesses.
    Two innovative cores will be called Pharmacia and Wyeth. And the third value generics business will be called King.
     
  5. Anonymous

    Anonymous Guest

    Thanks! Great info. That answers my Enron question....
     
  6. Anonymous

    Anonymous Guest

    Remember when Enron's motto was: Why Ask Why?

    PP: Great question.
     
  7. Anonymous

    Anonymous Guest

    Do you use aluminum or tin foil? I always forget which one works better.
     
  8. Anonymous

    Anonymous Guest

    Pfizer to follow Abbott/Abbieve but will create two other companies. The only thing that Pfizer will promote in the future will be oncology drugs, Biologics and Vaccines. Primary Care drugs (better known now as Innovation 2) will be it's own stand alone company, Pfizer wants to get out of the incremental drug improvement business that managed care now obama care will crush them. The 2nd stand alone company will be the largest company of drugs that are currently generic (still gigantic, take Lipitor still 4 Million dollar drug). Expect less reps and tons of TV and Digital marketing. Pfizer is telling wall street that they will show differences for 3 years and this will happen in 2017 but when they show the growth of the innovation 1 group compared to how the other two companies will drag, Expect this as early as 2016.. Pfizer will reach its goal to be the "premier innovation company" and will try to gain public opinion back by getting rid of generics (Value) division and then the primary care (Innovation 2) "Me too" division.
     
  9. Anonymous

    Anonymous Guest

    It's an effective combination of greed, ignorance, and arrogance...regardless !!!!!
    Now the golden goose is almost out of crap.
     
  10. Anonymous

    Anonymous Guest

    Totally agree with this post.
     
  11. Anonymous

    Anonymous Guest

    As Liza Minnelli said in Arrested Development, "Isn't it grand Buster! Isn't it simply grand!"
     
  12. Anonymous

    Anonymous Guest

    Don't be fooled by your manager. Business as usual. I don't think so and neither do your managers.

    How it works. Management does everything they can to give the impression it's business as usual. While doing this they focus on the following.

    networking, trying to come up with meaningless projects, job searching, stabbing their peers and subordinates in the back in an attempt to create a potential opening for themselves if needed, always working out of their office, always saying they have a teleconference call or an appointment, resume writing. Watch how many emails with success stories they start to send out. The BS emails are going to increase. Watch.

    Every manager is using this time to try and secure a job. They are prepared to do anything to keep it or get one. Most of you have no idea what they are capable of. Don't be fooled.
     
  13. Anonymous

    Anonymous Guest

    There has to be some level of understanding at this point in the employee reduction policies at Pfizer that no one in a mgmt. position above DM will give any indication about reductions to the sales force. Talk of reductions will always be dismissed until the actual notifications come. Mgmt. who may know of things to pass are desperately trying to maintain a position with the company themselves, and they will not jeapordize that by being open about what they may know or may believe will happen. That's just life, and your the fool if you believe anyone cares about you at this company. Hasn't it already been proven.
     
  14. Anonymous

    Anonymous Guest

    They like to keep everyone guessing as it is a form of control.
     
  15. Anonymous

    Anonymous Guest

    When you start to see additional measures and e-mails of management control methods like new call trackers, number of signatures, copay card trackers and enabling GPS tracking on iphones/ipads while holding back on field resources and regional positions remain frozen for backfill you know something is near. This is not normal course of business behavior unless Sr mgmt and ELT knows there will be lack of trust and control once word starts leaking out and is finding ways to reign in tighter controls upfront.