Why did this company go off track?

Discussion in 'Lundbeck' started by Anonymous, Jul 14, 2015 at 6:56 PM.

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  1. anonymous

    anonymous Guest

    If your daily goal is to go to work and know you have a job then great enjoy Lundbeck. Although I would challenge you to read the quarterly report. Recognize we aren't making a profit and we are not projected to make a profit this year. Recognize that we share every $ on the psych side and if not for Onfi and now off patent Xenazine, Takeda and Otsuka - there would be no meetings. Hell, there would be no psychiatry sales force. The psych side isn't coming close to breaking even, let alone paying for itself. Do the math, our take of Brintellix is about $20million/year. Maintena is less. Think that is sustainable? And we have no pipeline. If the compound only is letters and #s, please don't be fooled into thinking it's the next greatest thing. If you were in the original beta team, think about what was said and what was promised. If you are ok with all of that going away then fine, you and I hold people accountable in different ways. But if things are so rosy, why so many vacant territories?