Can anyone say P&G

[Anonymous]

Does everyone recall who all of the WC reps talked about the PG reps being fired. Funny how the world comes back to bite you. I hope Pete in NYC has this memory very clearly etched inside his mind

 

[Anonymous]

Your post makes absolutely no sense. Shut up. 2009 called, they want their cry babies back. Move on. Good Grief.

 

[Anonymous]

I guess the big difference between the two scenarios is that when WC bought P&G it was for the product portfolio. When Actavis buys WC it will be for both products and a seasoned sales force in the branded market. Sorry P&G reject- there is no comparison.

 

[Anonymous]

I guess the big difference between the two scenarios is that when WC bought P&G it was for the product portfolio. When Actavis buys WC it will be for both products and a seasoned sales force in the branded market. Sorry P&G reject- there is no comparison.

Youre the least seasoned sales force in the industry! Along with the worst trained. This is not an insult to you. It's not your fault, just the way it is. Watson is in women's health and knows how you operate. Unfortunately this is not a good thing for WC. You never know for sure what could happen, but if Actavis is in it for seasoned reps (which they have never said), they will certainly favor their own.

 

[Anonymous]

I guess the big difference between the two scenarios is that when WC bought P&G it was for the product portfolio. When Actavis buys WC it will be for both products and a seasoned sales force in the branded market. Sorry P&G reject- there is no comparison.

There is no "seasoned" WC sales force. Ask HR what the average rep tenure is. Its less than two years, and tis is one of the most poorlu and unethically sales forces in the industry. The reputation of WC is pervasive and wide spread. It is synonomous witjh the term dubious. Actavis DID NOT buy WC for its sales force at all, I challenge you to provide a link to ANY reputable news organization that even suggests this.

Actavis purchased WC for the branded products and nothing else. Tey already have their own "seasoned" sales force. No hard feelings, but NO company acquires another for their employees, NONE! Stop deluding yourself, the layoff at WC will be massive including sales. No company buys another, then keeps the acquired employees while firing their own. This has never happened in the history of corporate america and will not happen now. What happened with P&G reps will happen to WC reps.

 

[Anonymous]

Sorry gloom and doom. No one said anything about Actavis firing their own sales force. Their branded sales force is very small and stretched very thin. WC and Actavis will join forces to sell the branded products. Sorry to disappoint you and your trolling advances, this is the wrong site for your hysteria.

 

[Anonymous]

Sorry gloom and doom. No one said anything about Actavis firing their own sales force. Their branded sales force is very small and stretched very thin. WC and Actavis will join forces to sell the branded products. Sorry to disappoint you and your trolling advances, this is the wrong site for your hysteria.

OK makes sense, that has always been my point. We will be fine as long as there is some place to put us, but they will not fire their own people for us.

 

[Anonymous]

There is no "seasoned" WC sales force. Ask HR what the average rep tenure is. Its less than two years, and tis is one of the most poorlu and unethically sales forces in the industry. The reputation of WC is pervasive and wide spread. It is synonomous witjh the term dubious. Actavis DID NOT buy WC for its sales force at all, I challenge you to provide a link to ANY reputable news organization that even suggests this.

Actavis purchased WC for the branded products and nothing else. Tey already have their own "seasoned" sales force. No hard feelings, but NO company acquires another for their employees, NONE! Stop deluding yourself, the layoff at WC will be massive including sales. No company buys another, then keeps the acquired employees while firing their own. This has never happened in the history of corporate america and will not happen now. What happened with P&G reps will happen to WC reps.

You are partly right. But the REAL reason Actavis wanted the dog products (with the exception of Asacol and Actonel) in the portfolio is so they can incorporate in Ireland and decrease their tax rate by 12-15%. This means profit goes up across the board on their existing products. It's not the stellar selling organization, the "Type A Crazy" sales reps (really car or copies sales people disguised as cream puffs), or the inspiring leadership of Roger and his bunch of cronies. It is the tax structure and ability to shelter profits over and out. Don't kid yourselves. It's Roger's out. He'll get paid and then Actavis will get stuck with large fine a few years down the road. Life's not fair but hopefully Roger's plane crashes into Carl's house and they both get what they deserve. Slime bags!

 

[Anonymous]

So they need to spen 8.5B on WC to incorparate in Ireland-really? No other attorney can figure that one out.

Seasoned reps at WC-really? Did anyone read that you are soccer balls that need to be kicked.

There is nothing worse than being a me too. Excpet that a me too in the generic drug world. That is what WC is.

Not in my back yard is what you great reps are now saying. PG set up 3 reps in a territory and kept the cheapest one. The 2 $$ went to WC. It was nothing more than getting rid of those they didn't want. Now it is your turn.

I can only hope Pete is involved, and wait and see what the packages are. Heard they were reat once the PG ones ended-NOT!!!!!!!!!!!!!!!

 

[Anonymous]

Hey soccer balls, get ready for a kicking. Maybe a goal kick or a corner kick, maybe even a Pete kick. Most likely it will be a kick to the street. How many people did Pete subject to his BS. For someone who claims to be so smart, he is in pharma for 30 years and he is a DM. My nephew in pharma for 22 months is a DM. Kick and a score!!

 

[Anonymous]

You are partly right. But the REAL reason Actavis wanted the dog products (with the exception of Asacol and Actonel) in the portfolio is so they can incorporate in Ireland and decrease their tax rate by 12-15%. This means profit goes up across the board on their existing products. It's not the stellar selling organization, the "Type A Crazy" sales reps (really car or copies sales people disguised as cream puffs), or the inspiring leadership of Roger and his bunch of cronies. It is the tax structure and ability to shelter profits over and out. Don't kid yourselves. It's Roger's out. He'll get paid and then Actavis will get stuck with large fine a few years down the road. Life's not fair but hopefully Roger's plane crashes into Carl's house and they both get what they deserve. Slime bags!

Actonel IS a "dog".

 

[Anonymous]

Hey soccer balls, get ready for a kicking. Maybe a goal kick or a corner kick, maybe even a Pete kick. Most likely it will be a kick to the street. How many people did Pete subject to his BS. For someone who claims to be so smart, he is in pharma for 30 years and he is a DM. My nephew in pharma for 22 months is a DM. Kick and a score!!

Pete has base pay of 160/year! What about your nephew? Nottttt!!!!!!!!!!!

 

[Anonymous]

Peter,
It is not nice to say what you make. That calculation will be used for benefits.

All-Just face the facts. You never thought it would happen to you. Every dog has its day and this dog from 2009 (as the other poster stated) is having a great day. FDA, Dept of Justice and the boys in Boston, the only thing that would add the topping to this sundae would be to hear that Amber is gone!

 

[Anonymous]

Peter,
It is not nice to say what you make. That calculation will be used for benefits.

All-Just face the facts. You never thought it would happen to you. Every dog has its day and this dog from 2009 (as the other poster stated) is having a great day. FDA, Dept of Justice and the boys in Boston, the only thing that would add the topping to this sundae would be to hear that Amber is gone!

Dont you worry about Amber! She has tons of stock and this sales will do nothing but help her. He father will make tens of millions of dollars at least on this sale alone not counting his 9 million in salary. Do you really think Amber is at home quivering in fear? She works because she wants to not because she needs to!

The joke is on you NOT her!

 

[Anonymous]

Is there any truth to the rumor that the entire sales force will be let go once the deal is done?

 

[Anonymous]

Is there any truth to the rumor that the entire sales force will be let go once the deal is done?

Hahahaha! Are you kidding me!? 100% of all the sales reps from all 5 divisions being let go!? Do you honestly believe that? That's never happened in the history of Pharma. Probably a 30-40% reduction is realistic. Most coming from Osteo, Women's Health and bulk of Uro. That's what will happen. Both companies will now have an excuse to trim the excess, non performers. Mostly WC, but both companies none the less.

 

[Anonymous]

Hahahaha! Are you kidding me!? 100% of all the sales reps from all 5 divisions being let go!? Do you honestly believe that? That's never happened in the history of Pharma. Probably a 30-40% reduction is realistic. Most coming from Osteo, Women's Health and bulk of Uro. That's what will happen. Both companies will now have an excuse to trim the excess, non performers. Mostly WC, but both companies none the less.

Actually, there have been virtually entire sales forces let go after acquisitions. Valeant has made many purchases over the past few years, and fires most all of the employees of the vanquished companies including reps.

Your point is well taken though. OST reps will be fired and this has nothing to do with being acquired. Its a dog market with dog WC product. URO and WC are also likely to see massive triitory reductions via firings (if territory has a rep) AND attrition (not filling vacant terriitories). Either way between Actavis and WC at least 170 WHC territories will have to be cut, and at least 150 URO territories will have to be cut. You can best believe that the bulk will come from the acquired company. THEY ALWAYS DO and THEY ALWAYS WILL!

 

[Anonymous]

Actually, there have been virtually entire sales forces let go after acquisitions. Valeant has made many purchases over the past few years, and fires most all of the employees of the vanquished companies including reps.

Your point is well taken though. OST reps will be fired and this has nothing to do with being acquired. Its a dog market with dog WC product. URO and WC are also likely to see massive triitory reductions via firings (if territory has a rep) AND attrition (not filling vacant terriitories). Either way between Actavis and WC at least 170 WHC territories will have to be cut, and at least 150 URO territories will have to be cut. You can best believe that the bulk will come from the acquired company. THEY ALWAYS DO and THEY ALWAYS WILL!

You are full of shit. A) your first point, you use words like "virtually" and "most". You prove my point exactly to the tune that not ever, in the history of pharma have you seen 100% lay offs. Now, on to B) Massive territory reductions for WHC and Uro, sure, i can concur. However, when you say that 170 WHC territories will be cut, you are talking about every territory minus about 20. Not possible. We have too much success. That will never happen. Same with 150 Uro. I do believe the mass lay off will happen in URO, but you are clearly full of shit with your numbers. You think that over 85% of WHC will be fired from WC, a team that has collectively, over the last two year, brought a product to market and a decent share from 0% with all the generic competition out there?? Not going to happen. This merger will be the perfect opportunity for both companies to trim the fat and get rid of the non performers for both institutions. It will be head to head in every territory. This is a cut throat industry. Expect nothing less from this acquisition.

 

[Anonymous]

All that matters is the reduction is coming. Keep in mind that a generic pharma company does not have a ton of reps. They sell in huge territories and have all the products. ASk Peter if he can learn a new sales system-"would you like to super size that"?

 

[Anonymous]

Hey soccer balls, anyone get kicked yet?