Anonymous
Guest
Anonymous
Guest
The buyer of Amylin wants to keep the Amylin sales force. They recognize that Novo is beefing up it's sales force and wants to be able to have the manpower to counter detail.
The "new" owner does not see the value in continuing the contract with InVentiv Synergy contract and definitely does not see the value in continuing the Specialty/Symlin InVentiv contract.
The new company plans to have their sales force fully "integrated" with the Amylin sales force by late spring of 2012 to launch the Bydureon pen. This will give the "new" owner of Amylin time to develop and realign their management team. Having regional and district managers from the "new" company overseeing the Amylin sales force will help facilitate a more fluid transition and give more uniformity to the whole sales force.
This integration plan is what pushed Amyin to announce the retention plan. Even though the "new" owner is only interested in keeping the Amlin sales force and not the Inventive sales force or and Amylin middle management.
The "new" owner does not see the value in continuing the contract with InVentiv Synergy contract and definitely does not see the value in continuing the Specialty/Symlin InVentiv contract.
The new company plans to have their sales force fully "integrated" with the Amylin sales force by late spring of 2012 to launch the Bydureon pen. This will give the "new" owner of Amylin time to develop and realign their management team. Having regional and district managers from the "new" company overseeing the Amylin sales force will help facilitate a more fluid transition and give more uniformity to the whole sales force.
This integration plan is what pushed Amyin to announce the retention plan. Even though the "new" owner is only interested in keeping the Amlin sales force and not the Inventive sales force or and Amylin middle management.