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Amylin will be rewarded no less than $1 billion US / lb. of jcl's weight 1 week after the verdict is rendered. Now there is [color]DOWNSIZING THAT MATTERS![/color]
Amylin will be rewarded no less than $1 billion US / lb. of jcl's weight 1 week after the verdict is rendered. Now there is DOWNSIZING THAT MATTERS!
Why is it unreasonable for Lilly to have separate sales forces promoting the DPPIV and Byetta?
Every Lilly rep that has sold Byetta recognizes that it puts them in an awkward position to now sing praises of the efficacy of the DPPIV class after years of pointing out their lack of sustained efficacy.
Lilly's actions are further validation of their upper managements complete lack of understanding their own market. The Eli Lilly of today looks nothing like the Lilly that launched Prozac. Lilly's management is enamored with their legacy of greatness while doing nothing to actually sustain greatness. Novo and Sanofi own the insulin market. Effient? not exactly a blockbuster Forteo launched with a black cloud. The marketing of Zyprexa certainly marred and costed Lilly. When Actos finally gained some traction-Lilly was out of the picture.
So Lilly's greatness has done what for Byetta? Managed care-nope that is Amylin's.
If you asked ICOS or Takeda if they could do it all over, I bet they would say yes. The decision to partner with Lilly was a poor one. I would guess Amylin is saying the same thing. Poor BI, they will figure it out soon enough.
So good for Lilly. The medical professionals who treat diabetes already view Lilly's insulin portfolio as second rate to Novo. A third in class DPPIV will not excite these folks and by the time their third in class basal sees the market, Lilly's reputation as a second rate pharmaceutical the company will be so firmly planted in the medical community, Eli will be rolling over in his grave.
Astounding that Lilly's BOD doesn't see through the management's thin veil of competency.
Maybe they will when the Wall Street Journal starts referring to Lilly as a "former" industry leader.
Good luck Lilly with your 3rd/last in class products. Last and Lilly has certain ring to it. It is too bad. Too bad for their employees, their shareholders and their business partners.
I am JohnCL. I come to you from the pure, pristine Appalachian pastures by way of Harvard. I come bearing ARTWORKS, Veritas et Integrité. My Innovation and multiple chin-folds give you a world of pleasure and bliss. I have never laid off a valued employee ever. I am of Honor and Integrity. Always. I am for You.
Why was Novartis so swift and graceful in capturing Lilly's insulin franchise? Maybe the same reason that they had ads on PBS radio for years describing in a brief articulate sentence what their mission was: TO HELP THE PATIENT. Now there is a very successful case of winning hearts and minds, and they did it in a forum where mostly the most intelligent listen during the morning and evening commute. In a word, brilliant.
Well with the action taken by Amylin and the courts, Lilly just needs to stop selling Byetta for a few months or so and watch Amylin wither like a flower sprayed with round-up.
... will not be tolerated as long as I'm around. $JL$