New Hires








I hate to have to be honest with myself on this one but since you asked...yep, huge mistake. Left a fairly good situation for a little more money and what is beginning to look like a bill of goods I was sold that is nowhere near my reality. All indications are that this will be a temporary landing spot based on my manager and the joke going on above him. Grass not always greener but sometimes you have to live and learn. Hate looking so early in the game but all signs point to it's time to admit that this was a mistake.
 


i love the honesty from cafepharma. Although sometimes there is bias in what is posted, full transparency in here is what is needed without the fear of retaliation. Days ago, I was recruited for one of the open territories that was either filled then someone quit or was let go and now needs to be filled again. There are red flags everywhere with the leadership. The website is incomplete for pipeline information and the feeling I get is that Lexicon and their leaders are riding the wave of a great molecule and just hoping for the best. It's too early to tell but this could be another canagliflozin, janssen, flop...except this could be worse being 4th to market.
Looking at the some of the FLL, hiring for this position is like looking at a roster of veterans on a baseball team, just looking to collect a paycheck and hoping for the best. Seasoned pharma managers and leaders let go from their positions, does not equate to a better culture, strategy of salesforce. Therefore, I will be extremely cautious and make sure is have a written offer with everything I ask for before turning this down. More money is not worth the constant headache of working like this. Good luck to all who make it somewhere else.
 






Why is the stock crashing?

The entire corporation is based around having a larger partner.

I'm surprised no replacement for Sanofi has turned up.

Competing drugs have ~3x the salespeople.

Coats's job is not to sell pills. It is to sell the company or the franchise or devise a co-promote.

Who are the likely suspects?
 


The entire corporation is based around having a larger partner.

I'm surprised no replacement for Sanofi has turned up.

Competing drugs have ~3x the salespeople.

Coats's job is not to sell pills. It is to sell the company or the franchise or devise a co-promote.

Who are the likely suspects?

The asset is a turd. No one is interested in it. Diabetes was always 90% of the total value. Sanofi walked away when that potential use crapped the bed.
 







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