Sorry psych, no migraine for you

Looks like Neurology is the future

 

What a joke! You will have, what, the 4th entry into the market that has to be infused, vs a 3 second at home injection. Then Biohaven comes out with an ORAL VERSION! What you have done is buy time. Psych will continue to struggle selling its 3 me too drugs with nothing new of any significance until their patents expire. At some point, psych will have to be reduced.

Yep, you have bought yourself some time but you still haven’t got much more security than psych. The fact is , psych will start to diminish. There is still no future here.

 

I don’t want that drug. Have fun launching and selling this in a highly competitive migraine market. And Lilly just got an oral med too. Have fun with that!

 

From JA’s email today, both Neuro and psych may be undergoing a reorganization. Hopefully there will be some type of lay-off connected to it. They have rolled the dice to the tune of $2,000,000,000 on Alder’s headache drug. They will lock horns with the giants of the industry, and a new biotech start up. This is a perfect recipe for disaster. Add on the government’s future regulations for the industry, and it looks even worse. They need to cut psych in half, or replace it altogether with a contract team. Bet the farm on the headache drug.

Things are changing.

 

Neuro will not have layoffs anytime soon

 

psych has no drugs, it's a contract sales force just entering calls

 

recruiter here... lundbeck psych sales force is looked at as primary care.

 

Really neuro guys and gals??? Really? you are getting excited about the 4th to market drug? You really think you will sell an injection when there are pens available? You really think you can sell an injection vs an oral? And do you really think insurance companies will pay for all 4? If you answered yes to any of those you are suffering from mental illness and need to ask your psych counterpart for a referral. Just ask you psych buddies how insurance is when covering 4th to market me too drugs. Get off your high horses, you will be out of a job just as quickly as the psych boys and girls.

 

Is neuro?

 

I’m pumped. We are all getting raises with Alder paying their reps $140k

 

Alder doesn’t have any reps you idiot.

 

Wow you are all a bunch of complaining babies. Psych vs neuro, neuro vs psych each putting down the other who cares! I’m embarrassed to work with people like this. Is a damn job. Put it in perspective!

 

The key phrase you said was, “it’s a damn job”, and you’re right. There is no “career” here, just temp work. At some point, they will realize that they have wrung out every penny from the psych drugs. Upcoming government regs will make it even worse, and psych will reorganize, significantly. The future going forth will be trying to sell the migraine drug, but they hope the psych drugs will keep them going until then. The U.S. keeps shrinking in terms of its contribution to the company which isn’t good for us. China and elsewhere will become more and more important. They will be forced to make hard decisions about the U.S.

THe migraine drug will have it tough. It’s takes about 15 seconds to ready and administer a self-injected drug. I know because I use one weekly. So, if the injection is once a month, that’s 45 seconds in total giving 3 injections over 3 months. Compare that to driving to an infusion center, waiting to go back, getting hooked up to an IV, and sitting there for 30 minutes. Or, you could just take a daily pill.

Food for thought.

 

Every pharma job is a job. The days of a career with one company are over. Either your products aren’t doing well and you’re on the chopping block, or they’re doing really well and you’re at risk of being bought out by someone. So take it for what it is, enjoy the paycheck, work hard and move on to the next one when the time comes. If you want to stay in this industry, it’s something that you have to come to terms with.

 

Just out of curiosity, what is wrong with primary care? Most reps in the industry call on both PCPs and specialists- wherever the business is. For specialty only, territories are huge, access is difficult, etc. So why do people hate calling on primary care? It’s easy!

 

Couldn’t agree more. Some of the territories at Lundbeck are ridiculously huge, while others are tiny. Calling on PC would be great. Don’t care anything about our migraine drug. With 2 orals out soon, why take an infusion.

 

PCP is demeaning and only for entry level reps.

 

Summitt thinks they are getting it