Bayer Diabetes Care Up For Sale!

You're absolutely right. Competitive bidding was a game changer. Bayer was stupid to not leverage Contour TS. Bayer could have competed in all spaces. Then you have the top management revolving door who never listen to field sales that has a pulse on market trends/needs. Lastly the limits from legal= a recipe for extinction.

 

Sanofi here we come. Hope they haven't hired a full sales force yet. I hear they have a mgmt team in place already.

 

Panasonic denies comments, Sanofi doesn't comment... So it is "official"?

 

Sanofi is fully staffed and launched 3 months ago.

 

I don't see anyone saying its "official" for all our sakes I pray it never becomes official

 

If you call fully staffed adding a product to insulin reps bag and have them just call on Endos

 

It is Sanofi.
best to all...

 

In terms of management styles and culture, this is like the Ebola virus merging with the HIV virus.

 

Enough said...

 

What is the source of this info? Just more rumor and speculation? It would be nice to know, rather than wait until the Co. is "good and ready."

 

It's called reading...top to bottom, left to right...

http://in.reuters.com/article/2012/07/25/bayer-diabetes-idINL6E8IP17W20120725

 

Idiot and smart ass - this article confirms nothing. We all know that Bayer "is in talks with interested parties" - and this doesn't say that Sanofi is the buyer. Could still be anyone, you dolt. Like the above poster said - it is still all rumor and speculation,

 

Bayer is very attractive to companies looking to expand their meter business, or get into the business for whatever reason - especially with the new strip technology - and the fact that the division actually is profitable. This kind of attention also can result in the company taking a better look at itself - in which case Bayer could say - thanks but no thanks we like what we see and where we see it going - and pull the for sale sign off the lawn so to speak. So hang in there the best you can - and see what happens - not much else you can do. However to say it is a for sure thing that Bayer is to be sold - is premature at best.

 

Yeah, right. Very attractive, sure thing. Perhaps to a weak French drug company and the Japanese manufacturer of its meter product. To patients/consumers and healthcare practitioners -- not so much.

 

Sounds like upper mgmt is responding on CP again - thanks for the insight. Just be sure to tell us when the "For Sale sign" gets pulled off the lawn, OK?

Living this way (impending sale hanging over us) is getting old. Prayers going out to the WHC reps. Hope the axe isn't about to fall here (again).

 

Bayer Diabetes Care - you jokers have no clue! ask your manager for the past ten years sales trend and you will see why your VP of sales got fired from Pfizer only to come over to you and ruin another washed up company.

Do you know why diabetes educators walk their patients into a closet full meters and let them pick which ever one looks best to them - it is because you add no value and your free commodities are landfill material.

Start looking for a new job - a vending machine can do what Bayer pays you to do now. Too bad your upper management wont figure that out, they will just stare at the sales charts showing a down pointing arrow.

RedBox should buy Bayer Diabetes Care.

 

For a meter company to have any furture they are going to have to associate themselves with an IDS company - Medtronics is the apparant Bayer partner - so that speaks well for BDC as a company - However - the future for field reps of BDC is very much in question and will remain so until the sale is or is not finished.

 

Then why do I have an interview for DCS next week with Bayer to sell meters? Why would they hire someone and then lay off because of a buy out or whatever?

 

That's easy enough to answer. Nothing would deminish morale more at a time like this than a hiring freeze. Well that and not having meters to place on shelves. Oops that's already happened.

 

I know a rep who worked for Roche AccuChek - she was on the job for four months and then let go when they did the realignment the first of the year. Does not mean it will happen to you, BUT it does happen.