Pharmacyclics is hiring...

[Anonymous]

Offers out- very weak, expect a lot of turn downs except for novartis folks

 

[Anonymous]

I only have two concerns about this company:

One is, they have no Business/Corporate Development folks, meaning they are aiming to be a one hit wonder and go Affimax style if only one person dies from Ibrutinib, or they are planning to sell to Jannsen.

Two is be prepared to be indoctrinated by the Church of Scientology.

Peace out!

 

[Anonymous]

MC was so over rated...more hype than substance. Good luck with him and the one drug...no pipe line, just a pipe dream! Genentech in the long run will bury you!

 

[Anonymous]

Offers out- very weak, expect a lot of turn downs except for novartis folks

What was your offer?

 

[Anonymous]

Damm it.... Thought you complainers would finally leave for greener pastures....ease change ur mind and go...MC is to much to ask that you that some tha ass kisser with you..

 

[Anonymous]

I doubt it......we wil lose maybe 10 to 30 reps across all franchises. They are offering a base of 175k..maybe we can shake lose some dead weight..

You don't really believe that they would pay a sales rep at a salary of a DM/RD do you?

 

[Anonymous]

$150 - 180 base for reps plus 10,000 options

Does anyone honestly believe that these numbers are right? There are Director level employees that do not receive this level of compensation - and Pharmcylics is going to pay a sales rep this kind of $???!!!??

 

[Anonymous]

What was your offer?

go to the Onxy forum, someone posted their PCYC offer...

 

[Anonymous]

Underwhelming!

 

[Anonymous]

Underwhelming!

Got my offer today and it was terrible. Pharmacyclics talks a big game but does not back it up. The base was a low "standard" raise. The bonus is equal. Options are terrible for a small company trying to recruit elite reps. Car plan is ok but not the grand per month they got at dna. 401 k is so bad you laugh and they just doubled the match. They seem to be good at saying we know we have to improve things to retain people. They need to improve things to attract people. Waste of my time.

 

[Anonymous]

July 8th start date.

 

[Anonymous]

What is the 401k? Also what % raise did they offer?

 

[Anonymous]

What is the 401k? Also what % raise did they offer?

6% raise on base, 401k gives a $3000 per year match and that is after they just raised it from $1500. lol

 

[Anonymous]

What is the number on the options? How many?

 

[Anonymous]

2200-2300 they base on on the equivalent of 200,000 of options so 200000 divide by the stock price on the hire date.

 

[Anonymous]

That's if the stock rises 100...that's over double where it is now. That is a big IF

 

[Anonymous]

Sounds like awesome opportunity if you have right relationships

 

[Anonymous]

Does anyone remember what MC was reprimanded for? Wasn't his head on the block for something? Was it ethics or borrowing from the company?

 

[Anonymous]

Today should be interesting...

 

[Anonymous]

It has been a very long time since a start up killed it plain and simple. Healthcare is changing rapidly and the cost controls will only get tighter and tighter. However if you are looking for the next big thing this may be it .