HOW IS OLEPTRO DOING??

WOW! I didn't think it would be this bad.

 

Quintiles will try to make you believe you will be hired in the future for one of their other projects...it rarely ever happens. Be ready for a song/dance of all the great contracts
they have coming up....it's the same song, different dance.

 

No layoffs Friday. Is there real discussion about ending this contract or just the rumors??

 

Where are you located? Mars?? Yes! There were layoffs on Friday.

 

I do not work for Quintiles --when nothing was posted Friday, I hoped that meant it had not happened.

 

There is no strategic business sense in announcing lay-offs this close to the end of the quarter. Increasing the amount of bad news and acknowledging ongoing market-share deterioration to those who are not subscribing to industry prescription reports doesn't help in a desperate situation. Besides, lay-offs do next do nothing in solving the core performance issue: a product that no one wants.

 

The sales force was cut in half for any one wanting to know. It was bigger than anyone guessed it would be.

 

what % of reps on this contract were retained? I heard a few in PA were retained and many were let go.

 

50% were let go. Last day in field June 30.

Those reps that were retained are all despertely looking for another job before this contract goes down in flames....

 

How are you doing ten months after posting this?

 

I'm sorry so many were let go. I hope everyone finds a job quickly.

 

Sorry the hard work is over. The potential was never there and you probably couldn't handle it.

 

I'm so glad I've been displaced from this contract. Stock is now at .14 cents a share, territories tripled, no raises, my mgr. said he is applying to other jobs and can't wait to get off this contract. It's going nowhere and it's only a matter of time before the contract is over.

 

Any guesses how much longer it will last?

 

The "latest" POA meeting schedule for Dallas in July for the reps. that are being retained has now been cancelled....doesn't look good.

 

this is the swan song of a defunct FAILED company with very old generic products no one wants!!!!

 

But why to mantain half of sales force 2 weeks ago if you think this is not going to nowhere?

 

For but why not to understand this is or not going to the nowhere!?!?

 

How are the things going in the field selling oleptro. The company has said that users and doctors like oleptro? Is this true? Is a problem of price?

 

Maybe for to say yes is a problem of price. Price to negatively affect doktor and usor liking the Oleptro. Much better the price being helpful, formulary too.