Optinose

Discussion in 'Biotech Startups' started by anonymous, Sep 27, 2017 at 11:08 AM.

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  1. anonymous

    anonymous Guest

    Yes sir, Ashley Madison...Oh, even better, how about a profile on Sugar Daddy.com...ya know, doesn't every man in his late forties solicit 18 year old high school GIRLS for sex? Hmmmm... not so much, Loser Man. That's not how it's done... now in our country, anyway... Hey Peter, I have LOTS I could tell you....it would take you all of 60 seconds to figure out that "nice" assessment was WAY off....Another former J & J loser!!
     

  2. anonymous

    anonymous Guest

    On second thought, who would like to give me contact information for directly contacting Peter... I'm really quite in the mood to share....
     
  3. anonymous

    anonymous Guest

    You obviously dont work for the company or his contact email info would be obvious.
     
  4. anonymous

    anonymous Guest

    Yet another genius... can't get anything by you!
     
  5. anonymous

    anonymous Guest

    Lets focus on the sales disaster and not on the dating habits of senior management.
    I dont care if Tom, Peter, and Fabs spend all day on Ashley Madision
     
  6. anonymous

    anonymous Guest

    Liar Liar, pants on fire. it is not the fact that Peter, Little Tommy, Lying Fab & "Know-it All" Kelly all lied, but it is the fact they did it in concert and for past six months.(think that is called a conspiracy in the criminal arena) Peter, you don't have to worry about those who were lied too and let go, your problem is that you have no credibility with those retained. You have zero credibility. Remember that fearless conversation., you coined early on? Your April 1st meeting will go something like this;
    "We had some hard decisions to make as a company and we know those let go were your colleagues, friends and we too will miss them, however we had to do what was best for Optinose if we were going to stay viable as a company. We will remember all the hard work they did and build upon that. We have to move forward now and look at the future to secure our company and your future is sustainable." It will be some type of a B.S. line like that, or similar. That would all be fine and good except for one little detail. Peter said time and time again, when asked on teleconferences, scavenger hunt at Museum at home office, his apology tour by Tom Gibs at "Fast Start " meetings across the Country, etc.., (the specialty pharmacy debacle is on me). where he said that the specialty pharmacy (Foundation Care) was something they were trying to rectify. Peter even said at our meeting in February that he met with CEO of Foundation Care Specialty Pharmacy and there were approximately 17k scripts that were still waiting to be adjudicated. What would that do to individual territory market shares and IC payout? Bottom line is CEO lied to entire Sales Force (everyone would be rolled-into Optinose April 1st). No conditions or caveats mentioned. Then the bombshell that some folks would have to re-interview for their jobs. RBL's said it was objective criteria, but they didn't know what that was and went as far as saying they had no input (recommendation).
    It was entirely up to sales department and as any attorney will tell you, "It doesn't pass the smell test." Couple that with David's past history of skirting the limits of compliance (who ever heard of circulating a study for a product that does not have the indication and Ad Board recalling the main message of Nasal Polyps. They pushed the agenda of talking about symptoms and not indication. Maybe that is because that is what the FDA approved this medication for, not the symptoms. I see not only fraud suits (look up definition) and failure to hire based upon promise that was relied upon by sales force (to stop everyone from jumping ship) for retention, professional & personal decisions, it will not look very good for Optinose when they have depos from present and past employees that will testify to that fact. Add in the scrupulous sales messaging (notice old Julia CVA that says she may have nasal polyps) Think the ICD 10 code doesn't have any definition for "may.' in it. The call with Steve, they did a pretty good job of trying to keep everyone in the dark, but don't they realize that these folks all have at least a B>A., some a MBA and others some legal background. After they see the lawsuit with the numerous plaintiffs' and the fact Optinose will have no credibility with the Court, they will have done more harm to their company and the undercurrent of all those left behind that are not going to wait for the other shoe to drop.Your RBL's are a completely different story and a book could be written about a good majority of them. They are very good at drinking the koolaide, but didn't bring one iota of value in the field. Never followed-up on anything they promised and were so self-promoting it was sickening.Their passive-aggressive attitude would never be tolerated by top notch companies and missing meetings the next morning at POA's because they were still drunk in bed, says a lot about the nepotism that is extended to your "so-called" management team. They (not all of them) are good managers and mean well, but do not have the ability to make a decision without stepping out of the car and calling someone, that nobody has any respect for. My personal belief is that the Medical Team is the only segment that has some somnolence of integrity and professionalism within this group. I wish them all the best.
    Ask yourself, "If the company was so good, why did your top Rep's leave, within a week after riding with the CEO in the Field?" Answer= no credibility.I am sure Syneos will be happy to have this contract sunset. Good luck to all those left behind, time to start getting your resume circulated and I believe that you will see lawsuits (hopefully class-action for failure to hire) and others for a variety of legal causes that will keep their legal counsel issuing opinions on a weekly basis. When she sees who she is up against, it will be "We should probably settle this with confidentiality and non-disclosure because we can't afford the "roll of dice" and it becoming public knowledge. That is "Ovaltine" code for, I don't want to go up against these firms and if we did, I don't think we would prevail." By the way, being paid through March has nothing to do with Optinose and everything with Syneos. They will distance themselves from Optinose ike the plague. My RBL had the audacity to say Optinose would pay a severance through March. Has nothing to do with Optinose, that is when our K ends with Syneos. Hasn't a clue what she is talking about. Any severance would be past April 1st (30 days, etc..) paid by Optinose for "failure to hire as promised." If you are ok with that, then sign and go on your merry way. If you, like many others plan on taking legal action, then DO NOT sign any type of severance offered by Optinose, because there will be language embedded in the text, that you give up your legal recourse by signing. I wish everyone the best and hope this information helps. You can call your local Bar Referral Service for an attorney that specializes in the Federal Statute of "Department of Fair Employment and Housing (includes hostile, retaliation, etc..) in your area. There s no fee for initial consultation and most firms take a case on a contingent basis (33%) and only get paid if they prevail in your case. If it goes to trial, their fee goes up (somewhere near 40% to offset their costs, (e.g. depo's flying witnesses' out to where case was filed, expert witnesses, etc). You only pay this if they win. Most companies do not want this as public record and will usually settle before it gets to this point. They don't want publicity and Pete certainly does not want the exposure it would give his company. By the way, they have to travel to where your attorney files the case, or whatever henchmen they send in their stead.will have to travel. Nothing out of your pocket. They can be hit with punitive punishment for such outrageous behavior by employer) damages awarded by court. Also, look up "The Bright Light Rule." Integrity is everything in any business and this Company (Syneos excluded) has none.Let's see how well they can defend themselves in the legal arena. Gonna be hard to un-ring a bell, "If you like your insurance , you can keep it," "Everyone is being rolled in, without exception" I think with the utter disdain that the general public has towards the Pharmaceutical Industry, this company is going to be on the defensive no matter what they try to use as justification., because they have none.I hope you listen to your legal counsel and get your checkbook out for this one...
     
  7. anonymous

    anonymous Guest

    Damn that is some painful truth!
     
  8. anonymous

    anonymous Guest

    Don’t waste your time fighting. Contacting recruiters and networking would be a better use of your time.
     
  9. anonymous

    anonymous Guest

    Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don't have the first, the other two will kill you. You think about it; it's true. If you hire somebody without [integrity], you really want them to be dumb and lazy.

    Truer words have never been spoken. Surely it does not matter what people do in their personal life, as it has absolutely nothing to do with their business life, right? Absolutely wrong!! The truth is, it has absolutely everything to do with it. If you think for one minute lack of character in someone's personal life has nothing to do with their job, you are deluded and irresponsible, not to mention, not very smart. Turn your back on someone whose own spouse cannot trust them, and do so at your own peril.

    So convince yourself that employing the personality disordered will have no reflection on the success of your business. Then, in your spare time, you should brush off that resume while you are waiting for the ridiculous house of cards to topple. You should not be surprised at all that you will eventually get exactly what you have allowed.
     
  10. anonymous

    anonymous Guest

    I am one of those who got cut. It hurts. Im angry. I feel mislead, deceived and lied to just as we all do. That said, the two very long rants recently posted are classless, unprofessional and ridiculous. Yes, this situation could have been handled in a more humane manner. Yes, we were told one week prior to our dismissal that "each and every one of us was moving forward". But this is pharma, not some civil service job. I am hurting and sick to my stomach every day right now but...it is what it is. It is the frequent fallout we all must face at times in this industry THAT WE HAVE FREELY CHOSEN to be a part of.

    The personal attacks, accusations and vile statements made by some poster did nothing to change the situation at hand...nothing to make any of us (except perhaps you) feel better and did EVERYTHING to make YOU, whoever you are, look like a mentally ill fool who is off his meds.

    Sure it sucks. Ive barely slept in 2 weeks...but, if I am out, then I am out...and I prefer to exit with whatever class and dignity I can muster.

    Suck it up, buttercup...you are making us all look bad...and your views are not in alignment with mine. You dont speak for myself or the other folks in this miserable boat with whom I have had contact.

    Sincerely,
    A proud ex-territory manager
    Who did my very best
    And who will survive
     
  11. anonymous

    anonymous Guest

    McDonalds is hiring night shift. You’re a perfect fit.
     
  12. anonymous

    anonymous Guest

    It comes down to the delusion of Peter, as so called expert who called the puffer a billion dollar drug.
    His boy Tom just says yes to everything and cashes his check and interviews...
     
  13. anonymous

    anonymous Guest

    I think I will take a sick day for our earnings call.
    How many times can I say that sales are about to take off?

    Tom
     
  14. anonymous

    anonymous Guest

    hahahahahahahahahahahahahaha......right before earnings are announced, the stock begins to creep up. Courtesy of those who believe, just maybe, they missed something, and all those rumors and whispering might, just maybe, amount to something. Sad to say folks, you are merely spitting into the wind.. and nope, you are missing nothing...that stock will fall before the analysts can hang up their phones and make it all the way back to their computers...If there is anyone who actually owns even a fraction of a brain and thinks that a reasonable target on this stock is $28 per share (talking to you unicorn trainers at Cantor Fitzgerald) you are quite obviously sniffing something pretty damn potent, and it sure as hell is not coming out of a puffer!!! Just saying!!!
     
  15. anonymous

    anonymous Guest

    hahahahahahahahahahahahahaha......my mommy hollered at me.
     
  16. anonymous

    anonymous Guest

    All lies!!!
     
  17. anonymous

    anonymous Guest

    I would imagine that "your mommy" would deny even knowing you...
     
  18. anonymous

    anonymous Guest

    From Peter all the way down was a conspiracy to commit a fraud with their misrepresentation of “ everyone” being rolled- in” Their failure to hire is an actionable cause in the legal arena too. Too many correspondence and don’t think anyone is going to lie for these unethical and clueless people when it comes to meaning of integrity.
    They have hurt Optinose more than anyone else, because no sales representative will believe another word that comes out of both sides of their lying mouths. When you stop trying to skirt the edges of FDA violations with talking about isynptoms and rememenber that it was approved for an indication ( Nasal Polyps) and maybe that is why Doc’s at Advisory Boards recall that message the most, because it is the indication.
    What do you expect from a “ So- called” leadership team. Want to garner real buy- in? Offer stock options and sell on the indication, not the symptoms.
    Never worked for such unethical company and they will get hit hard when FDA investigates.
     
  19. anonymous

    anonymous Guest

    Could someone give some information on why the Baton Rouge Louisiana position is open? How is the manager?
     
  20. anonymous

    anonymous Guest

    “We made great progress in 2018 building a business that can support long-term success,” stated CEO Peter Miller. “Our focus on defining the appropriate target patient type for XHANCE, highlighting the strong data supporting the efficacy of XHANCE, and ensuring physician understanding and appreciation of our patient affordability program has bolstered physician perception of XHANCE. As a result of these efforts, I am happy to report that we accelerated XHANCE growth in the fourth quarter of 2018 and have continued to see strong growth in early 2019. The year ahead is an important one for Optinose and the launch of XHANCE. I am confident that we have the right team and plan to build a company that can serve the needs of ENT and allergy specialist physicians, and the patients they treat."

    Net product revenues
    The Company generated $3.0 million and $7.1 million in net product revenue through the sales of XHANCE in the three- and twelve-month periods ended December 31, 2018, respectively.

    Operating expenses and net loss
    For the three-month period ended December 31, 2018, research and development expenses were $3.4 million and selling, general and administrative expenses totaled $23.7 million. Net loss for the period was $26.4 million, or $0.64per share (basic and diluted).

    For the year ended December 31, 2018, research and development expenses were $10.1 million and selling, general and administrative expenses totaled $95.6 million. Net loss for the period was $106.7 million, or $2.68 per share (basic and diluted).

    HOW IS THIS STOCK WORTH MORE THAN 1$ PER SHARE??????????????????