Should I even interview for open Denver position?

Discussion in 'Horizon Pharma' started by anonymous, Sep 20, 2016 at 4:50 PM.

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  1. anonymous

    anonymous Guest

    I have been contacted about the open Denver position. The pay & benefits sound great but I'm reading the drugs have horrible coverage?? I'm seeing "$2000/mo for basically ibuprofen". Let me know!
     

  2. anonymous

    anonymous Guest

    Go for it! The manager is super hot!
     
  3. anonymous

    anonymous Guest

    Haha! Is that your response to everything?! I'm a chick. But seriously, is the insurance coverage as bad as I am hearing and is the drug really just glorified ibuprofen?? How hard is it to hit numbers?
     
  4. anonymous

    anonymous Guest

    Yes. It is ibuprofen mixed with a generic antacid. You could buy both over the counter for $10. Horizon charges $2000.00 per month for ibuprofen. It is blatant fraud. If you have no morals or ethics and have no problem ripping people off then horizon is for you. The coverage sucks. You will spend all your efforts trying to weasel your scripts through the system.
     
  5. anonymous

    anonymous Guest

    It's not quite true. The products are not sold at list price and all Duexis, Vimovo and Pennsaud are hugely successful (check client reviews). I'm earning very well and feel good about helping our patients partners and clients. I don't know about all the negative commentary on here def not a reflection of my reality. Go for it!
     
  6. anonymous

    anonymous Guest

    Allow me to share a few points and you be the judge:
    1. Horizon is often paired with the likes of Valeant and Turing. It may not be true but perception is unfortunately reality for most ppl.
    2. No organic growth, only growth through acquisition.
    3. No R&D, what R&D they do have was started by the company they acquired.
    4. Horizon escalates the cost of products upon acquisition; Duexis (Motrin and Pepcid) 10x, Vimovo (Aleve and Nexium) 530%, Krystexxa 15% (immediately following Crealta jacking up the price 40%).
    5. Kicked off Express Scripts, and CVS Health's formularies. Horizon created PME. Sounds technical but the name stupidly stands for "prescriptions made easy". It's nothing more than a mail order pharmacy distribution outfit.
    6. Slapped with a lawsuit making materially false and misleading statements to investors for the artificial price inflation from the PME and its patient assistance program.
    7. Express Scripts called off its relationship with specialty pharmacy Linden Care. The PBM found that Linden Care predominantly dispensed Horizon prescription drugs and did not fulfill key components of their pharmacy network agreements a la "Valeant/Philidor style."
    8. The Depomed acquisition last Fall was called off by a California judge because there appeared to be some illegally shared insider proprietary information.
    9. Created a shell corporation of approximately a dozen employees in Ireland to invert their tax situation. It's comical; I was at the Chicago home office for a Timmy "lazy eye" Wallaby presentation where I noticed on the screen behind him a Skype of a dozen ppl watching us. I asked who they were - I was told that's Horizon's Ireland office personnel.
    10. $1.1 billion in debt. Last year it spent $69.9 million servicing those debts. This year Horizon is on the hook for $92 million, and $74 million next year.
    11. Despite 3 acquisitions in the past 9 months it's stock is 50% of it's high point from last Summer as a result from congressional scrutiny from the aforementioned shenanigans.
    12. Horizon's Territory Manager typically makes $60-85k per year with a $650 car allowance meanwhile they acquired Crealta's sales force paying their reps upwards to $140k with a car allowance of $850. The two sales forces predominantly do the same thing with the same targets.
    13. I could go on but I'm tired.....
     
  7. anonymous

    anonymous Guest

    On Amazon:

    500 count 200 mg ibuprofen for $5.93
    200 count 20 mg famotidine for $9.99

    60 count of Duexis (i.e. ibuprofen and famotidine - the exact same medicines above!!!) is $2000

    If you don't think that is fraud then you clearly are very bad at math.

    All Horizon does is fraudulently jack up the prices on useless combo generics and rip people off!
     
  8. anonymous

    anonymous Guest

    Let me bring a bit of perspective into what is being said:
    - the price increases after discounts are minor (pls check the corporate presentation chih lists quarterly volume vs price increases).
    - in conclusion, the price is a minor element of growth
    - the products are FDA approved and work! check the client reviews
    - the company did a few very selective orphan drug acquisitions which add to a strong portfolio
    - debt not a concern as company produces a ton of cash
    - company cheap
    - staff is generally very happy if they do well. If the don't produce, some here obviously don't earn and post these nonsensical articles.
     
  9. anonymous

    anonymous Guest

    - the price increases after discounts are minor (pls check the corporate presentation chih lists quarterly volume vs price increases).

    $2000 for ibuprofen/famotidine is a minor increase??? 500 plus percent increases in the price of generic combos is minor???

    At the end of the day 2000$ for ibuprofen is not a minor price increase

    - in conclusion, the price is a minor element of growth

    Haha - selling ibuprofen/famotidine combo for $2000 is how you make your money. Sell it for 15$ and see how much money you make

    - the products are FDA approved and work! check the client reviews

    Of course they are FDA approved - they are just generic medicines. You can buy them over the counter! I'm sure the FDA spent a lot of time deciding if they could approve your ibuprofen medicine

    - the company did a few very selective orphan drug acquisitions which add to a strong portfolio

    Jack up those prices!

    - debt not a concern as company produces a ton of cash

    Yes selling ibuprofen for $2000 a month!

    - company cheap

    Because it is recognized as a fraudulent company at high risk for loss of income and lawsuits. Specifically targeted by Clinton as a fraud company

    - staff is generally very happy if they do well. If the don't produce, some here obviously don't earn and post these nonsensical articles.[/QUOTE]

    Ie if you are not very smart you will be very happy at horizon!
     
  10. anonymous

    anonymous Guest

    ok, let me also comment on this as we have done our diligence:
    - price increases: pls check net prices, CVS recently added HZNP products to their covered list so look at the facts. the discounts are wide so the list price is irrelevant.
    - for being simple combinations they have a big benefit - how do you explain the exploding volume growth otherwise. pls check the website with the quarterly updates on price/volume.
    How do you reconcile this?
    Then on top the FA actimmune data will be published by YE, if the trial is positive, the company will have an even more amazing product offering.
     
  11. anonymous

    anonymous Guest

    Ie if you are not very smart you will be very happy at horizon![/QUOTE]
     
  12. anonymous

    anonymous Guest

    hahhhaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
     
  13. anonymous

    anonymous Guest

    this is a company that is notorious for turning over a large percentage of its sales force(think 25-30%). The managers use gear tactics to 'motivate' you. No one that has left has a good thing to say about them. IMO it's a house of cards and I wouldn't take an interview. Remember if it's too good to be true it probably is. Very few reps make the killer money here.
     
  14. anonymous

    anonymous Guest

    It's a terrible job selling terrible drugs for a terrible company. Don't waste your time.
     
  15. anonymous

    anonymous Guest


    If you like working for unethical people then definitely interview. Lots of illegal and shady behavior at this company.
     
  16. anonymous

    anonymous Guest

    such nonsense. I'm having a great time company doing well and varied well recognised product portfolio