Entellus Medical-ENT?

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I am currently interviewing with entellus. I was told by the recruiter that the base is 75k, 165k at target. it also comes with company car and stock options. Im currently making 140K at my current position with a DME company. This seems like a great move for me having 4 years experience in medical device (being ranked 5th out of 200 reps). Any thoughts with making the potential leap to entellus? anyone with any experience in this field? I am also being recruited heavily by olympus endoscopy but the upside doesnt seem as high as it is with entellus.

Thanks
 






anonymous said:
I am currently interviewing with entellus. I was told by the recruiter that the base is 75k, 165k at target. it also comes with company car and stock options. Im currently making 140K at my current position with a DME company. This seems like a great move for me having 4 years experience in medical device (being ranked 5th out of 200 reps). Any thoughts with making the potential leap to entellus? anyone with any experience in this field? I am also being recruited heavily by olympus endoscopy but the upside doesnt seem as high as it is with entellus.

Thanks
Click to expand...

I was interested to see the responses here, as I'm in the same situation. Unhappy trolls will usually jump all over a post like this, so I'm interpreting the lack of responses as a positive.
 






























if you have options...I'd definitely take the Olympus position. Entellus walks a very thin ethical line. They pay royalties to Acclarent for every balloon sale. They are small and can get away with some things that J&J and Medtronic (two top competitors) cannot or just quite frankly will not. Take this from someone with 11 years in Med Device and half of those in ENT. Olympus is a strong company who is one of the leaders in their therapeutic space. I'm not sure about pay there. So, if you are looking to make a quick $ and use Entellus as a stepping stone, go ahead. If you want a long-term career, Olympus would be a better choice....in my opinion. I have no dog in the fight.

One thing to consider...if reimbursement fell off for balloons tomorrow...Entellus would have to cut jobs...that would make me nervous to sell in an arena with one primary product that is totally dependent on the payer system. Hope the advice helps.
 












A few posts above says that you are interviewing and they offered you a company car?? Are you interviewing for the same company that I work for? We do not have company cars. Am I missing out on something??
 
























Innovative company spending money like water to get their products into a market segment with shrinking reimbursements. Their biggest product infringes on their largest competitors IP, so they pay money from every sale to J&J. This puts a drag on profits. They just bought Spirox, an innovative nasal valve stent company that can prop up their sales (but there are growing reimbursement issues), sooo before they could integrate anything from the acquisition, they sold to Stryker for probably less than the sum of their parts, but still a win for shareholders . Stryker doesn’t like losing money so expect rapid consolidation and less innovation, followed by Stryker realizing they just bought a depreciating asset and surrendering. They don’t like to throw money at problems, instead they turn the heat up and make people quit. It will be a rocky ride if you survive the consolidation, but you are Stryker now. Shut up and sell those drills and towers! By-the-way, you invented the Microdebrider for sinus surgery then let Xomed and Gyrus have all of the business....
 






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