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Biogen slashes Aduhelm price in half, foreshadows significant layoffs as sales continue to stagnate

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anonymous

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Biogen slashes Aduhelm price in half, foreshadows significant layoffs as sales continue to stagnate – Endpoints News


https://endpts.com/biogen-slashes-a...ficant-layoffs-as-sales-continue-to-stagnate/

Biogen slashes Aduhelm price in half, foreshadows significant layoffs as sales continue to stagnate

Jason Mast
Editor

In a surprise move, Biogen announced Monday that it will cut the price of its controversial Alzheimer’s drug Aduhelm in half, slashing the cost from $56,000 to $28,000.

The sudden discount marks a sudden turnaround for the big biotech as it struggles to turn around a drug whose stuck-in-the-mud sales and political ramifications have sent the company into turmoil and triggered the ousting of its longtime chief scientist. Biogen’s leadership had resisted calls since June to reduce the price of the drug.

The company also acknowledged the inner crisis for the first time in Friday’s statement, announcing that it will institute “cost-reduction measures” to reach $500 million in annualized savings. Biogen did not release details but STAT has reported the restructuring plan calls for more than 1,000 layoffs in 2022, the largest round of layoffs in the company’s 43-year history.
 








GREED has found another target. 1st Over-priced product with little chance of being covered, 2nd Over-hired sales force and now forcing so many idiots who were jaded by the name of this company and overinflated salaries to be looking for jobs in January.
 




















anonymous said:
Yet they always say "The Patient is the Center" Yeah right. They could give 2 shits about the patient.
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2 less shits about the patient and 3 less shits about the sales employee. Bottom line shareholders. Taking the lead from pfizer - pfizer just had monster layoffs and making massive amount of money from this so called “pandemic” things are so corrupt it’s sick.
 




























anonymous said:
How do

Alisha
Michel
Ginger
Maha

still have jobs?

Maybe Mike can tell us from his villa at Versailles.
Click to expand...

Because BIogen of today is NOT the BIogen of old. They don’t care about you, or any of the employees that made the company great. They are cutting costs and people simply to show a profit bottom line, but the long term outlook is not good.

I left right before Covid when I saw the writing on the wall. Restrictions on things like Lunch & Learns, programming, etc under the guise of compliance were just the start. Watch them clamp down even more in the new year or do away with programming and lunch spend all together. If not do away, restrict it to the point where it simply isn’t feasible anymore. Access is at an all time low, but they’re going to make it even harder to get in front of anyone. Why is that? They’re Ponzi Scheming the policy to decrease spend and show profits, but setting us up for failure in the long term.

They have destroyed the company from the top down.

There are still some talented people there, and I still speak to them on a regular basis. But, they are only there out of necessity in almost every case. People are not there because they want to work for BIogen anymore.

The January purge will be ugly and not solve anything. Those at the top that caused the company to be in the shape they are in will still be in place and the shell game will continue.

Happy New Year!
 




anonymous said:
Because BIogen of today is NOT the BIogen of old. They don’t care about you, or any of the employees that made the company great. They are cutting costs and people simply to show a profit bottom line, but the long term outlook is not good.

I left right before Covid when I saw the writing on the wall. Restrictions on things like Lunch & Learns, programming, etc under the guise of compliance were just the start. Watch them clamp down even more in the new year or do away with programming and lunch spend all together. If not do away, restrict it to the point where it simply isn’t feasible anymore. Access is at an all time low, but they’re going to make it even harder to get in front of anyone. Why is that? They’re Ponzi Scheming the policy to decrease spend and show profits, but setting us up for failure in the long term.

They have destroyed the company from the top down.

There are still some talented people there, and I still speak to them on a regular basis. But, they are only there out of necessity in almost every case. People are not there because they want to work for BIogen anymore.

The January purge will be ugly and not solve anything. Those at the top that caused the company to be in the shape they are in will still be in place and the shell game will continue.

Happy New Year!
Click to expand...

How do you know whether the purge will be in January specifically?
 




anonymous said:
Because BIogen of today is NOT the BIogen of old. They don’t care about you, or any of the employees that made the company great. They are cutting costs and people simply to show a profit bottom line, but the long term outlook is not good.

I left right before Covid when I saw the writing on the wall. Restrictions on things like Lunch & Learns, programming, etc under the guise of compliance were just the start. Watch them clamp down even more in the new year or do away with programming and lunch spend all together. If not do away, restrict it to the point where it simply isn’t feasible anymore. Access is at an all time low, but they’re going to make it even harder to get in front of anyone. Why is that? They’re Ponzi Scheming the policy to decrease spend and show profits, but setting us up for failure in the long term.

They have destroyed the company from the top down.

There are still some talented people there, and I still speak to them on a regular basis. But, they are only there out of necessity in almost every case. People are not there because they want to work for BIogen anymore.

The January purge will be ugly and not solve anything. Those at the top that caused the company to be in the shape they are in will still be in place and the shell game will continue.

Happy New Year!
Click to expand...
shut up rep
 








anonymous said:
GREED has found another target. 1st Over-priced product with little chance of being covered, 2nd Over-hired sales force and now forcing so many idiots who were jaded by the name of this company and overinflated salaries to be looking for jobs in January.
Click to expand...

Overinflated salaries in sales?

I was contacted by Biogen “talent aquisition” and the max salary was $55K less than what I was making.
 








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