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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
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<p>[QUOTE="Anonymous, post: 5047336"]The facts about the WC buyout are of course accurate. The only problem is that you and many others are using that transaction and other traditional pharma to pharma transactions as your baseline to what will happen here. The size and scale and nature of this deal compared to th WC deal is not even close. And you can't use a pharma to pharma as a reference point because that's not what this is. Look at the product lineup, its basic math. The new company will need at least 2500 reps at a minimum (and I am including the 750 already at Actavis). This is a fact-- now the company could get those reps either from Forest or hire 2000 new sales reps, and I don't care are how cheap you are, that is just not good business, especially with zero existing presence in CNS. So to the extremist out there-- get a grip and stop trying to compare this. Just look at the facts. In the new company, we can probably get rid of 1500 reps of the current combined sales force. </p><p>Here's the other thing to consider: there's a good chance Brent will be the CEO of the new company. Bill Meury will probably also lead the entire sales force. Mark my words on this. If that happens, we know he will have no problems making cuts-- but if you think he cares if those cuts come from just existing Forest and not Actavis people, you're crazy.[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 5047336"]The facts about the WC buyout are of course accurate. The only problem is that you and many others are using that transaction and other traditional pharma to pharma transactions as your baseline to what will happen here. The size and scale and nature of this deal compared to th WC deal is not even close. And you can't use a pharma to pharma as a reference point because that's not what this is. Look at the product lineup, its basic math. The new company will need at least 2500 reps at a minimum (and I am including the 750 already at Actavis). This is a fact-- now the company could get those reps either from Forest or hire 2000 new sales reps, and I don't care are how cheap you are, that is just not good business, especially with zero existing presence in CNS. So to the extremist out there-- get a grip and stop trying to compare this. Just look at the facts. In the new company, we can probably get rid of 1500 reps of the current combined sales force. Here's the other thing to consider: there's a good chance Brent will be the CEO of the new company. Bill Meury will probably also lead the entire sales force. Mark my words on this. If that happens, we know he will have no problems making cuts-- but if you think he cares if those cuts come from just existing Forest and not Actavis people, you're crazy.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
Forest Laboratories
>
You All Are Good People But Crazy
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
Forest Laboratories
>
You All Are Good People But Crazy
>