How long did everyone think this gig would last?

Anonymous

Guest
I thought my lifespan here was about 3 years when I took this job. I was close, but I expected it to come down to this with Abbott and gilead right behind us. It was a fun ride and I made some good coin doing this gig! Did anyone think we would still exist with the new competitors? Already got two interviews set up in oncology, this hep c gig looks great on my resume..
 




I thought my lifespan here was about 3 years when I took this job. I was close, but I expected it to come down to this with Abbott and gilead right behind us. It was a fun ride and I made some good coin doing this gig! Did anyone think we would still exist with the new competitors? Already got two interviews set up in oncology, this hep c gig looks great on my resume..

What companies? Please help.
 








I thought my lifespan here was about 3 years when I took this job. I was close, but I expected it to come down to this with Abbott and gilead right behind us. It was a fun ride and I made some good coin doing this gig! Did anyone think we would still exist with the new competitors? Already got two interviews set up in oncology, this hep c gig looks great on my resume..

Anyone thinking more than 3 years was a fool. I figured same as you, and have been looking for a few months, with some prospects. Vertex has been great to me, made great money, etc. People, this is the nature of pharma sales ow, you will make lots of money wjile serving your sandwiches, but you are a short term gun for hire. No more 15, 20, 30 year opportunities.
 




Anyone thinking more than 3 years was a fool. I figured same as you, and have been looking for a few months, with some prospects. Vertex has been great to me, made great money, etc. People, this is the nature of pharma sales ow, you will make lots of money wjile serving your sandwiches, but you are a short term gun for hire. No more 15, 20, 30 year opportunities.



Hey idiot!!!!! It's not about how long the run was it's about the lies they told and how people were treated. Kicking everyone out of Cambridge and shutting down all vertex systems within 5 minutes was just cruel. We made over 2 billion for them. It was handled very poorly.
 




Anyone thinking more than 3 years was a fool. I figured same as you, and have been looking for a few months, with some prospects. Vertex has been great to me, made great money, etc. People, this is the nature of pharma sales ow, you will make lots of money wjile serving your sandwiches, but you are a short term gun for hire. No more 15, 20, 30 year opportunities.

People need to keep in mind the reason most of the sales people hired were attractive to Vertex in the beginning was your previous HCV experience with other companies, nothing more or less. Once the HCV market did what it did, you were no longer useful. You were mercenaries; they were mercenaries. Only other thing to note is how senior mgmt could so badly misread the future with the fast arrival of competition. Perhaps they should have seen that coming and/or adjusted the sales force number down more quickly. Vertex would be well served to either rent out their sales force to there companies or co-market in order to dilute the impact of beginning a 2 (now 1) product company.
 




I stole this from a posting at Merck. Bottom line, very true statements about the whole pharma industry.

" If your neighbor loses his job then it's a recession if you lose yours then it's a depression." Harry Truman
Laid off by Merck in '08. It's still rough out here and you better be prepared for it.
First- Turn off the propaganda on TV about "we are in recovery." We are not.
Second-get over your anger at Merck. It's a waste of energy and gets you no were. Merck doesn't care about you, why waste time worrying about Merck? The guy that keeps coming on here and writing "FU" Merck is an adolescent who's life is over. Anger is misplaced and useless, get over it.
Third- you should have already had your résumé professionally done, been practicing interviewing, a lot, if you're in sales, already bought a second car, another computer, got your money and insurance in order, downsized and basically prepared for this day. If you have not then you are really in trouble. You can still recover but the deck is already stacked against you.
Fourth- you should have gone back to school or at least networking outside of pharma. If you must stay in, the jobs are in contract. There is no such thing as "career" jobs anymore. Be prepared for temp., part-time, transitory work and prepare yourself that you are probably going to be going through this every couple of years. That's just the way things are, in this industry and most others. Always be looking for another job, even when you have one. Your only goal is to stay employed.
Fifth- be prepared to interview endlessly. This should be you very best skill. Be prepared for endless rejection. You aren't going to get letters and phone calls. Have a very thick skin. There are thousands out there with your exact skill set, usually much younger, willing to work for much less. Invest your time in your self.

Get up everyday and participate in the job search, you can't go 8 hours a day at it but don't take any days off. Be persistent and as cliche as it sounds every day and week really is a new day, take hope in that. I wish I was here with better news. Good luck, you'll need it.
 




I stole this from a posting at Merck. Bottom line, very true statements about the whole pharma industry.

" If your neighbor loses his job then it's a recession if you lose yours then it's a depression." Harry Truman
Laid off by Merck in '08. It's still rough out here and you better be prepared for it.
First- Turn off the propaganda on TV about "we are in recovery." We are not.
Second-get over your anger at Merck. It's a waste of energy and gets you no were. Merck doesn't care about you, why waste time worrying about Merck? The guy that keeps coming on here and writing "FU" Merck is an adolescent who's life is over. Anger is misplaced and useless, get over it.
Third- you should have already had your résumé professionally done, been practicing interviewing, a lot, if you're in sales, already bought a second car, another computer, got your money and insurance in order, downsized and basically prepared for this day. If you have not then you are really in trouble. You can still recover but the deck is already stacked against you.
Fourth- you should have gone back to school or at least networking outside of pharma. If you must stay in, the jobs are in contract. There is no such thing as "career" jobs anymore. Be prepared for temp., part-time, transitory work and prepare yourself that you are probably going to be going through this every couple of years. That's just the way things are, in this industry and most others. Always be looking for another job, even when you have one. Your only goal is to stay employed.
Fifth- be prepared to interview endlessly. This should be you very best skill. Be prepared for endless rejection. You aren't going to get letters and phone calls. Have a very thick skin. There are thousands out there with your exact skill set, usually much younger, willing to work for much less. Invest your time in your self.

Get up everyday and participate in the job search, you can't go 8 hours a day at it but don't take any days off. Be persistent and as cliche as it sounds every day and week really is a new day, take hope in that. I wish I was here with better news. Good luck, you'll need it.

Wo, there are rational thinking people out here!