Optinose


A few months ago, I was contacted by someone about an opportunity at Optinose and at first, it sounded interesting. Unique technology. Drug/Device combo. But when I started to talking to people - both current employees and potential customers their perspectives became more clear.

Employees: Unfocused management, no clear strategy, giving away drug, rent-a-sales force, too busy smelling themselves and believe the product is AWESOME, leaders are in it for the short term-hope to get acquired bu their former JNJ friends
Customers: Product isn't worth the price, can't get it paid for (..and the co-pay program is impossible to execute), if it does work, it's going to take money out of my pocket by eliminating a surgical rev stream

Other than that, it sounded great. I passed
 
















Earnings next month should be interesting. I'm guessing the stock will fall further, potentially making it an attractive acquisition target at a bargain basement price. I'm just not so sure it has much to offer anyone, even at a ridiculous fire sale price.
 
















A few months ago, I was contacted by someone about an opportunity at Optinose and at first, it sounded interesting. Unique technology. Drug/Device combo. But when I started to talking to people - both current employees and potential customers their perspectives became more clear.

Employees: Unfocused management, no clear strategy, giving away drug, rent-a-sales force, too busy smelling themselves and believe the product is AWESOME, leaders are in it for the short term-hope to get acquired bu their former JNJ friends
Customers: Product isn't worth the price, can't get it paid for (..and the co-pay program is impossible to execute), if it does work, it's going to take money out of my pocket by eliminating a surgical rev stream

Other than that, it sounded great. I passed

Not surprising, leadership is marginal at best.
 








Any employee who posts on this forum will be dealt with severely.
We have access to any website you go to from your computer or devices.
Stop complaining and try to sell something for a change.
Peter
 








Any employee who posts on this forum will be dealt with severely.
We have access to any website you go to from your computer or devices.
Stop complaining and try to sell something for a change.
Peter
Yea. Because the continued change in strategy, shitty leadership and horrible marketing support is our fault. Right.
 
















No worries about computers or devices being monitored at the Nose. That would require their IT chief to get his head out of his ass long enough to actually get anything accomplished. Not likely!
 
















The problem starts at the top, and works all the way down. The managed care issue was a known problem well before this even started. They knew it, and proceeded despite it. They compounded that issue by hiring the biggest group of idiots they could find, turning their heads and denying the obvious. They have all got their heads in the sand, pretending that this will fix itself. It won't, and they will eventually implode the entire company. Good riddance!!
 
























hahahahahahahahahahahahaha....I only wish it was. Peter is oblivious, in and out of the office. The chatter about those ride alongs would tell you that. I'm not sure good ole Peter even knows that Cafe pharma exists!
 
























Peter lost is again this morning, he did not get the numbers we needed last week.
He is doing more ride alongs to get to the bottom of it,.
Anyone less than 8 calls per day will be canned!