Intarcia Therapeutics

Quote
A natural question people ask when they decide to blow the whistle is how much money you can potentially receive if your information and efforts lead to a successful prosecution? The answer is, a lot. For example, in 2012, four whistleblowers split approximately $250 million related to a case brought against GlaxoSmithKline for marketing practices involving Paxil, Wellbutrin and Avandia. Many other less well known cases have paid out seven or eight figure sums to whistleblowers. Over the last several years, the average False Claims Act whistleblower payout has been about $1.7 million. "Selling the spread" has resulted in successful prosecution and is a whistleblowing opportunity for anyone being asked to sell a medical procedure or implant to a physician based on the personal income that the physician can generate. Saving the training materials, emails and phone/voice mail messages can make the difference in being awarded a multimillion dollar payout.

While many whistleblower statutes reward whistleblowers with a share of the proceeds, the one that routinely pays out the most money is the Federal False Claims Act (FCA). Under the FCA, if the government intervenes in a case brought by a whistleblower, it will pay a reward of 15% to 30% of the total money recovered from the defendants. If the government does not intervene and the whistleblower and her counsel prosecute the case on their own, then the government pays a reward of between 25% and 30%. Remember, successful prosecution is based on evidence - the information you save paves the way to your payout.
 






anonymous said:
Over the last several years, the average False Claims Act whistleblower payout has been about $1.7 million. "Selling the spread" has resulted in successful prosecution and is a whistleblowing opportunity for anyone being asked to sell a medical procedure or implant to a physician based on the personal income that the physician can generate. Saving the training materials, emails and phone/voice mail messages can make the difference in being awarded a multimillion dollar payout.

Under the FCA, if the government intervenes in a case brought by a whistleblower, it will pay a reward of 15% to 30% of the total money recovered from the defendants. If the government does not intervene and the whistleblower and her counsel prosecute the case on their own, then the government pays a reward of between 25% and 30%. Remember, successful prosecution is based on evidence - the information you save paves the way to your payout.
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Wait isn't Intarcia's biz model based on buy and bill and especially sell the spread to the docs?

Pssst - to those poor blokes toiling in Boston and Hayweird - time to jot down you know what, record the VMs to your own mobile phones (not company issued iPhones), print emails to pdf files, etc. And for those toiling in Clinicals, Regulatory, Quality and Manufacturing - document what the management tells you to do even inferred as manipulating data will land you in Fed penitentiary. Ain't worth it and better yet file FCA.
 






anonymous said:
Wait isn't Intarcia's biz model based on buy and bill and especially sell the spread to the docs?

Pssst - to those poor blokes toiling in Boston and Hayweird - time to jot down you know what, record the VMs to your own mobile phones (not company issued iPhones), print emails to pdf files, etc. And for those toiling in Clinicals, Regulatory, Quality and Manufacturing - document what the management tells you to do even inferred as manipulating data will land you in Fed penitentiary. Ain't worth it and better yet file FCA.
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Whatever. I hear they're hiring a big gun reimbursement strategy guy from big pharma. This guy is supposedly the best in the industry and will stand up to anybody. Let's see how he puts up with the egomaniacs here.
 












anonymous said:
Whatever. I hear they're hiring a big gun reimbursement strategy guy from big pharma. This guy is supposedly the best in the industry and will stand up to anybody. Let's see how he puts up with the egomaniacs here.
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That guy better get a year severance contract in writing because approval doesn't look good.
 












anonymous said:
Good one. I'm pretty sure I know the guy. He's pursuasive but he's way overqualified for this sh*t show so he's likely not gonna take the job.

Next victim!
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Indeed... Any astute chap from big pharma will do thorough DD and why take a huge risk and leave a good stint to be mired in lot of dirty politics among the narcissistic amateur egomaniac schmucks? That said Intarcia needs reimbursement guru from implant devices that require frequent replacement and he's got impossible tasks ahead especially within and external with payers and government. I also heard that approval prospect is getting dimmer by day.
 






anonymous said:
.
Indeed... Any astute chap from big pharma will do thorough DD and why take a huge risk and leave a good stint to be mired in lot of dirty politics among the narcissistic amateur egomaniac schmucks? That said Intarcia needs reimbursement guru from implant devices that require frequent replacement and he's got impossible tasks ahead especially within and external with payers and government. I also heard that approval prospect is getting dimmer by day.
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True dat. Any DD on the players alone would kill the chances. And if he's all that he'd wipe the floor on those managed market especially JH. Now that one's a dinosaur.
 






It is also worth considering that collecting documents can be a protected activity under the law for purposes of a retaliation claim. Under the False Claims Act, for example, you are protected for making efforts to stop fraud on the government, such as though off-label marketing of drugs that the government reimburses. It’s also protected activity to take steps in furtherance of a qui tam lawsuit, such as by gathering the documents necessary to prove that a company is submitting false claims for payment to the government, with the intention of providing those documents to the government.



In some contexts, courts have held that recording conversations that provide evidence of fraud or other illegal conduct constitute protected activity. Employers are likely to have policies in place that prohibit the recording of workplace conversations, but sometimes, there may be no other way to document wrongdoing. If people are not putting anything in writing but they are being cavalier about discussing fraud and that fraud is becoming policy, then you may be able to record those discussions.



So if the evidence gathering is reasonably narrow, and you are being careful about who you share it with, that can actually provide you with protection. In the absence of some bright-line standard, it is understandably difficult for employees to navigate these issues. For that reason, it is important to seek legal counsel before collecting documents. But if you consider the factors we discussed in the first part of our conversation – if you are being careful and reasonable about which documents you access and with whom you share them – then it is more likely than not that you will end up on the right side of the law.
 






Pressures building up in QC, QA and validation folks in Hayward. Lot of deviations and weaselly quixotic attempts to explain the on-going impurities, micro contaminations and validation failures. The lemmings mostly Asians doing what they are told to do.
 






The CMO came from a design consulting firm and has never worked in pharma. That's not a recipe for disaster months before a launch in diabetes with heavy competition and an uphill battle with payers...
 






anonymous said:
The CMO came from a design consulting firm and has never worked in pharma. That's not a recipe for disaster months before a launch in diabetes with heavy competition and an uphill battle with payers...
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The greatest perils for Intarcia are within with nasty mean spirited politics and complete lack of trust in every levels. Never seen such dysfunction, angst, chaos and back-stabbing in a company. Most employees are just in it for the paychecks while looking to leave. Even very well paid army of consultants are looking for exists.
 






anonymous said:
The greatest perils for Intarcia are within with nasty mean spirited politics and complete lack of trust in every levels. Never seen such dysfunction, angst, chaos and back-stabbing in a company. Most employees are just in it for the paychecks while looking to leave. Even very well paid army of consultants are looking for exists.
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Looking to leave? I don't think so. These clowns have no life outside of here. They're hacks incapable of getting a real job. A job that requires skill. Or expertise instead of jockeying for position.

Instead they make the act of getting into this POS a sport. Yeah, a sport. So go ahead and take a predictive survey to see whether you're as much of a dick as we are. Oh, and, and, if you manage to actually "pass" our complete BS survey and make it to the next round, we'll ask for another survey about how impactful you've been in life.

But, wait! Because you'll love doing this inane and incredibly stupid exercise, we'll want you to give us a presentation and have you act like a monkey. Yep, a total monkey since you'll do anything we tell you to do to join our brat frat house. After your amazing presso we'll sit around and laugh our assess off making fun of your idiotic presso. Yeah, because you'll do anything we tell you because we're such bad asses and you're just dying to join a biotech unicorn.

Oh, how I can't wait for the FDA denial to bring these douchebags back to reality!
 






anonymous said:
The greatest perils for Intarcia are within with nasty mean spirited politics and complete lack of trust in every levels. Never seen such dysfunction, angst, chaos and back-stabbing in a company. Most employees are just in it for the paychecks while looking to leave. Even very well paid army of consultants are looking for exists.
Click to expand...

Looking to leave? I don't think so. These clowns have no life outside of here. They're hacks incapable of getting a real job. A job that requires skill. Or expertise other than jockeying for position.

So instead they make the act of getting into this POS a sport. Yeah, a sport. So go ahead and take a predictive survey to see whether you're as much of a dick as we are. Oh, and, and, if you manage to actually "pass" our complete BS survey and make it to the next round, we'll ask for another survey about how impactful you've been in life.

But, wait! Because you'll love doing this inane and incredibly stupid exercise, we'll also want you to give us a presentation and have you act like a monkey. Yep, a total monkey since you'll do anything we tell you to do to join our brat frat house. After your amazing stand up we'll sit around and laugh our assess off making fun of your idiotic presentation. Yeah, because you'll do anything we tell you to do because we're such bad asses and you're just dying to join a biotech unicorn. Anything.

Oh, how I can't wait for the FDA denial to bring these douchebags back to reality!
 






anonymous said:
The greatest perils for Intarcia are within with nasty mean spirited politics and complete lack of trust in every levels. Never seen such dysfunction, angst, chaos and back-stabbing in a company. Most employees are just in it for the paychecks while looking to leave. Even very well paid army of consultants are looking for exists.
Click to expand...

Looking to leave? I don't think so. These clowns have no life outside of here. They're hacks incapable of getting a real job. A job that requires skill. Or expertise other than jockeying for position.

So instead they make the act of getting into this POS a sport. Yeah, a sport. So go ahead and take a predictive survey to see whether you're as much of a dick as we are. Oh, and, and, if you manage to actually "pass" our complete BS survey and make it to the next round, we'll ask for another survey about how impactful you've been in life.

But, wait! Because you'll love doing this inane and incredibly stupid exercise, we'll also want you to give us a presentation and have you act like a monkey. Yep, a total monkey since you'll do anything we tell you to do to join our brat frat house. After your amazing stand up we'll sit around and laugh our assess off making fun of your idiotic presentation. Yeah, because you'll do anything we tell you to do because we're such bad asses and you're just dying to join a biotech unicorn. Anything.

Oh, how I can't wait for the FDA denial to bring these douchebags back to reality!
 






anonymous said:
Looking to leave? I don't think so. These clowns have no life outside of here. They're hacks incapable of getting a real job. A job that requires skill. Or expertise other than jockeying for position.

So instead they make the act of getting into this POS a sport. Yeah, a sport. So go ahead and take a predictive survey to see whether you're as much of a dick as we are. Oh, and, and, if you manage to actually "pass" our complete BS survey and make it to the next round, we'll ask for another survey about how impactful you've been in life.

But, wait! Because you'll love doing this inane and incredibly stupid exercise, we'll also want you to give us a presentation and have you act like a monkey. Yep, a total monkey since you'll do anything we tell you to do to join our brat frat house. After your amazing stand up we'll sit around and laugh our assess off making fun of your idiotic presentation. Yeah, because you'll do anything we tell you to do because we're such bad asses and you're just dying to join a biotech unicorn. Anything.

Oh, how I can't wait for the FDA denial to bring these douchebags back to reality!
Click to expand...
 






anonymous said:
Looking to leave? I don't think so. These clowns have no life outside of here. They're hacks incapable of getting a real job. A job that requires skill. Or expertise other than jockeying for position.

So instead they make the act of getting into this POS a sport. Yeah, a sport. So go ahead and take a predictive survey to see whether you're as much of a dick as we are. Oh, and, and, if you manage to actually "pass" our complete BS survey and make it to the next round, we'll ask for another survey about how impactful you've been in life.

But, wait! Because you'll love doing this inane and incredibly stupid exercise, we'll also want you to give us a presentation and have you act like a monkey. Yep, a total monkey since you'll do anything we tell you to do to join our brat frat house. After your amazing stand up we'll sit around and laugh our assess off making fun of your idiotic presentation. Yeah, because you'll do anything we tell you to do because we're such bad asses and you're just dying to join a biotech unicorn. Anything.

Oh, how I can't wait for the FDA denial to bring these douchebags back to reality!
Click to expand...

Wow! So spot in it's perfect! Nailed it!
 






anonymous said:
Looking to leave? I don't think so. These clowns have no life outside of here. They're hacks incapable of getting a real job. A job that requires skill. Or expertise other than jockeying for position.

So instead they make the act of getting into this POS a sport. Yeah, a sport. So go ahead and take a predictive survey to see whether you're as much of a dick as we are. Oh, and, and, if you manage to actually "pass" our complete BS survey and make it to the next round, we'll ask for another survey about how impactful you've been in life.

But, wait! Because you'll love doing this inane and incredibly stupid exercise, we'll also want you to give us a presentation and have you act like a monkey. Yep, a total monkey since you'll do anything we tell you to do to join our brat frat house. After your amazing stand up we'll sit around and laugh our assess off making fun of your idiotic presentation. Yeah, because you'll do anything we tell you to do because we're such bad asses and you're just dying to join a biotech unicorn. Anything.

Oh, how I can't wait for the FDA denial to bring these douchebags back to reality!
Click to expand...

Wow! So spot in it's perfect! Nailed it!
 






anonymous said:
They're hacks incapable of getting a real job. A job that requires skill. Or expertise other than jockeying for position.

So go ahead and take a predictive survey to see whether you're as much of a dick as we are. Oh, and, and, if you manage to actually "pass" our complete BS survey and make it to the next round, we'll ask for another survey about how impactful you've been in life.

After your amazing stand up we'll sit around and laugh our assess off making fun of your idiotic presentation. Yeah, because you'll do anything we tell you to do because we're such bad asses and you're just dying to join a biotech unicorn. Anything.

Oh, how I can't wait for the FDA denial to bring these douchebags back to reality!
Click to expand...

Spot on!

The monkeys on leadership team are mostly over their heads and with shady past anyway. OH has no experience in pharma or running a biz. He bought a position by investing $50 mil of his money? LOL

As for totally manipulated monkey surveys - gustapo tactic as those dumb enough to give low scores or comments will be tracked and blacklisted by following the IP address and if one is dumb enough to do it at work... Do another follow up survey to snuff out, expose and confirm the unhappy campers.

The insecure jerks take such pride in shredding the lower level employees giving presentations - form of insecurity and jealousy. Nevermind the person spent hours on it. Intarcia is not biotech company as who in leadership really worked on biologics?

Most unicorns are dying not to mention down rounds and Intarcia will die if FDA sticks to them with a CRL, complete response letter denying drug application. Anyone know how much cash is left cos what's the deal with constant challenges to the approved budgets?
 












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