Consolidation

[Anonymous]

Moving all of pharma to New Jersey?

 

[Anonymous]

None of your business.

 

[Anonymous]

People have been being relocated to New Jersey for quite some time now. For an IPO with a possible sale to a big Pharma company in the process Pharma is clearly going to be looked at under a microscope.

New Jersey is where all the Pharma action is. Selling Pharma they are clearly going to ask where are your facilities? Reg and research in Cali. Research in Roch. Manufacturing in Tamp. Reg, clin. project man in New Jersey. One facility that has all of the functional units in one place will bring a higher IPO price than a splintered organization that is spread out all over the country.

My guess is that the employees that have not already been relocated to New Jersey will be told soon and asked to move there by early next year just prior to the IPO date.

 

[Anonymous]

This is assuming that B+L is even considering an IPO or sale of the company. After 5 years if it was going to be sold it would have been sold or IPOed by now.

 

[Anonymous]

This is assuming that B+L is even considering an IPO or sale of the company. After 5 years if it was going to be sold it would have been sold or IPOed by now.

Didn't your mother ever tell you never assume ANYTHING! Especially in business.

 

[Anonymous]

Didn't your mother ever tell you never assume ANYTHING! Especially in business.

Hi Sue. What are you doing on this silly message board?

 

[Anonymous]

Tampa plant will be consolidated very soon! It is very old and cannot keep up with the higher standards in Rochester when compared to talent and knowledge! Just a bunch of immigrants down there in tampa who cannot speak english.

 

[Anonymous]

B+L wants to IPO or sell the company and their primary manufactuing facility is below standards? If this is true WP bought a stinker that will only generate cash and they have to hope they can run away from the billion dollar debt without any obligations.

It looks like the only game in town in to pay off the debt when it is due and try to extend the existance of the company as long as possible until the debt payments can no longer be met.

With million dollar salaries of the upper management it is not a bad game to play and for WP it is all that can be done.

 

[Anonymous]

New Jersey is where the action is. We can make room for everyone.

 

[Anonymous]

nothing can happen until massive off label law suit gets settled. HQ knows it is out there and so do potential buyers. feds have to levy fine, could take a couple years. B&L will settle out of court. have to because they are dead to rights on the suit. any potential buyer is taking a gamble on a 500 million dollar penalty. maybe more.

 

[Anonymous]

nothing can happen until massive off label law suit gets settled. HQ knows it is out there and so do potential buyers. feds have to levy fine, could take a couple years. B&L will settle out of court. have to because they are dead to rights on the suit. any potential buyer is taking a gamble on a 500 million dollar penalty. maybe more.

Well Merck took the gamble with a $400+ million purchase of Inspire knowing full well that the Feds were looking into off-label selling of Azasite.