Madrigal Pharmaceuticals

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anonymous said:
That shouldn't be a surprise to anyone ... And don't worry leadership will deny it adamantly until it's sold and they walk away with their sweetheart of a golden parachute - just wait / watch ...
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Taken straight from the Salix playbook. Not a bad thing provided you have enough stock when the buyout arrives.
 




































Some “interesting” field hires based on postings on LinkedIn. DV from Houston is a wing bat that is not a collaborative partner but hey, let them find out for themselves. For those who will slam me for “being bitter for not going through” to the end, actually, I backed out - no reason that these territories need to be so small Who wants to have to look for another gig in a year or two due to downsizing to make the headcount work. Bank what you can and don’t buy a BMW for a company car…..!
 




anonymous said:
Some “interesting” field hires based on postings on LinkedIn. DV from Houston is a wing bat that is not a collaborative partner but hey, let them find out for themselves. For those who will slam me for “being bitter for not going through” to the end, actually, I backed out - no reason that these territories need to be so small Who wants to have to look for another gig in a year or two due to downsizing to make the headcount work. Bank what you can and don’t buy a BMW for a company car…..!
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Turned down a TLL position. Coming from Horizon (now Amgen) they couldn't (or wouldn't) come close to my salary expectations. I'm at 205k base now; last year, I was over 240k in bonus. They knew this before bringing me in and interviewing me over the last month. The offer was 250k base 20% corp bonus and 45k sign-on along with 150k in shares that vest over 3 years.

I was very impressed with the people here. But needed 275-280k to leave where I'm at. I know I'll have to eventually take a pay cut, but that was too big of one too soon.

I think a sales rep could get 205-215k out of them if you have the right experience and the manager fights for you.
 




anonymous said:
Turned down a TLL position. Coming from Horizon (now Amgen) they couldn't (or wouldn't) come close to my salary expectations. I'm at 205k base now; last year, I was over 240k in bonus. They knew this before bringing me in and interviewing me over the last month. The offer was 250k base 20% corp bonus and 45k sign-on along with 150k in shares that vest over 3 years.

I was very impressed with the people here. But needed 275-280k to leave where I'm at. I know I'll have to eventually take a pay cut, but that was too big of one too soon.

I think a sales rep could get 205-215k out of them if you have the right experience and the manager fights for you.
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too many reps being hired, they won’t pay that
 




anonymous said:
Turned down a TLL position. Coming from Horizon (now Amgen) they couldn't (or wouldn't) come close to my salary expectations. I'm at 205k base now; last year, I was over 240k in bonus. They knew this before bringing me in and interviewing me over the last month. The offer was 250k base 20% corp bonus and 45k sign-on along with 150k in shares that vest over 3 years.

I was very impressed with the people here. But needed 275-280k to leave where I'm at. I know I'll have to eventually take a pay cut, but that was too big of one too soon.

I think a sales rep could get 205-215k out of them if you have the right experience and the manager fights for you.
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You made $445,000 last year and you are looking to leave Horizon/Amgen for a startup? Stay put. You found the pharma honey hole.
 








anonymous said:
Turned down a TLL position. Coming from Horizon (now Amgen) they couldn't (or wouldn't) come close to my salary expectations. I'm at 205k base now; last year, I was over 240k in bonus. They knew this before bringing me in and interviewing me over the last month. The offer was 250k base 20% corp bonus and 45k sign-on along with 150k in shares that vest over 3 years.

I was very impressed with the people here. But needed 275-280k to leave where I'm at. I know I'll have to eventually take a pay cut, but that was too big of one too soon.

I think a sales rep could get 205-215k out of them if you have the right experience and the manager fights for you.
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How was it a payout for you?
Unless you're saying you got a 240k bonus? I read it as 240k including bonus.
If your bonus was that...why the hell would you leave? And who tf makes 240k in bonus ? Especially TLL level?
 








Over 20 years experience here. Great pay for a tenured rep. Professional, normal leadership…refreshing from Big Pharma. Nice sign on/bonuses. Wall Street positive reports. Great car/miles/tolls reimbursement. As of now personal cards for in-services/education (first time for me) and this is right up my alley as I get to keep my airlines and hotel points. Future looks bright, good luck in whatever you do.
 




anonymous said:
Over 20 years experience here. Great pay for a tenured rep. Professional, normal leadership…refreshing from Big Pharma. Nice sign on/bonuses. Wall Street positive reports. Great car/miles/tolls reimbursement. As of now personal cards for in-services/education (first time for me) and this is right up my alley as I get to keep my airlines and hotel points. Future looks bright, good luck in whatever you do.
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