anonymous
Guest
anonymous
Guest
Not really. Pharma reps will always follow the money first if given the option. I am not sure about Neurocrine being a great place. I say that because I do not know. But what I do know is that not having a company car and average benefits does not make your company very attractive. Look at the message board here. You guys are upset about getting Acadia and Teva reps. But realize without a company car and good benefits you will always get the reps that are usually being forced out by other companies and do not have other options of employment available to them. Another words, any job is better then no job. Which is also why you may not get much turnover. Ingrezza is a good product, but it is your flagship product and your pipeline is average. You just got a new indication for Ingrezza which is nice, but your trials show the same issue. Your AE profile is not great. Better then tetra but not better then Austedo. Which is why your stock since getting the HD indication for ingrezza has dropped from $124 to 85.17. Your QD dosing is awesome. A great advantage, but struggle in efficacy, drug to drug interactions and AE profile. Increasing your salesforce did little to impress shareholders. Actually, they see it as a negative if you do not hit $2 billion. After all, you company forecasted $2 billion for Ingrezza in 2021. Right now it looks like you might hit $1.2. Lastly, Austedo has orphan drug status until 2qtr of 2023. Which means even with the new indication for HD, you will not be able to market or sell Ingrezza directly for HD w/ chorea without patients using Austedo or Tetra first. Just saying, not everyone is lining up to work for Neurocrine.
All valid points, especially around the talent, or lack there of, for those coming here from companies who have recently downsized and let go of their low performers. Seems like they are all ending up here.