BIG MOVE -- AZ partners with Amgen


They will takes years and years to develop, and with our track record of 90% failures in phase 3, don't count on it. This is pie-in-the-sky, and the stars must be all aligned for this to pay off. Oh wait, al of the above happened when we bought Medimmune didn't it?
 


This is just the first step in working to re-establish the failing pipeline. It is just the start of April and I bet there are many more plans such as this in the works for the remainder of 2012 and 2013.

Has to be the reason they are keeping so many seasoned reps.
 








In responce to your so called ass clown contract reps. You are no more than one phone call away yourself. Your harsh word might come back to haunt you it's called karma. The industry itself is imploding slowly with lack of developement and FDA slowdown. Less salespeople is the end result of these moves. I wish everyone luck in the future it will all come down to just that luck. Throw out the metrics, results,tenure or anythiing else that would make sence in selecting the select few to keep employeed. Lastly, if the health care reform act passes it will only accelerate the process. Scary to think the goverment will decide what is the best drug to use when treating your ailment. Poor doctors with all that school, loans, and promise of a bright future all gone. Work harder to innovate and make more money for yourself only to have the goverment take more and then tell you how to spend the rest of your own. My oh my, what is this country becoming?
 


It has been coming to Pharmaceuticals for years. Long ago companies hired fewer reps who made relationships with Doctors. Samples were important and everyone carried them. Some of the giveaways were junk but much of it was useful for patients. I can remember a time when company cars came with AM/FM radios and roll up windows - basically bare bones. You were proud of your job and company. There were always Doctors who didn't care for reps, but most were probably willing to give you some time. Some became friends. In a few areas of the country I imagine some still are.

Over time companies got greedy. You began to hear about trips for the big writers. Stuart at one time didn't even have a budget for lunches, or even donuts for that matter. Competing began to get more difficult as more companies provided lunches, trips, and events. Merch and Pfizer began hiring an Army of reps. You knew it was going to dilute relationships. ICI and Stuart cleaved into separate divisions. Marketing was becoming King and sales was losing its sphere of influence. The Doctors began to complain about the number of reps, but companies touted that they knew what they were doing. Old timers bemoaned what they once had. Metrics got in the way of common sense. Still, it wasn't all bad and job benefits continued to increase. Companies were only looking at the short term and each was a silo. Tomorrow would take care of itself. It almost seemed like the industry was wearing a big smirk on its face.

In the 90's the peak hit. Entertainment, budgets, perks, it was great. With the creation of Pharma, tighter regulations, fewer approvals, increased managed care, and serious fines, the industry quickly began to slide. Today things are in flux and still falling. Will Pharma reps go the way of the TV repairman, the milkman, the breadman, the door to door salesman? Hopefully not, but sales forces will most certainly be different and smaller.

It is only my opinion but AZ never regained its footing following the merger and is still fumbling about trying to find its way while the corporation suffers. It cannot be both the Swedes and the Brits. One center has to take lead. And, you cannot expect optimum performance given the current culture.
 




Right on the reps front. Now days you see the gals with their 500 handbags and starbucks coffee. The guys have been glossed over with the yuppie entitlement that they are more concerned with the type of company car they recieve rather than what drugs they sell. Sell that is almost laughable. Managed care has made the decision and if it's not generic its not getting written unless in speciality. They have broken the system and will not attempt to fix it rather they choose to lay people off all the while rewarding themselves with huge bonuses only to jujmp ship when all else has failed. It starts with the company starting to fail. Then bankrupcy. The exec. still get their bonus eventhough you would think having to file for bankrupcy would mean you have failed. The get their bonus and the company and its workers go bye bye. M& A might save a few but it has become a system that one like Pfizer has made themselves too big to fail. Sound familiar?
 





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