Phathom

No, he was not the “yes man” type of manager that expected his team to act like a bunch of corporate monkeys. We had an insightful conversation and I am surprisingly impressed that he is a true leader, there are not many of those left in pharma/med sales.

I’ll admit I have been relegated into a corporate monkey. He wants to implement a good culture based on data from another company, that’s the type of leader I want to grow with.
 








































I would encourage everyone to go into this with a positive attitude. It’s a disease state that hasn’t seen any new treatments or innovation since the 90’s. All the research articles online highlight the big potential for PCAB treatment and benefit. I don’t think training is bad at all. It’s mostly self study with minimal zoom calls. I don’t think the training manager is as bad as the gent / lady said. They have been very helpful and very very responsive and open to feedback. Think of it this way: there isn’t one perfect company out there. We all can poke holes in every company that exists and find things to criticize. So far, I’d fairly say that training exceeded my personal expectations. People have been so nice, friendly and supportive. Our manager is the sweetest, and quite frankly one of the nicest managers I’ve been exposed to in my 21 years career. Give this a fair chance and don’t judge it until you’re in the field to see the HCPs’ response and have a real field experience with your manager. This way your criticism would be objective rather than subjective. And for those who asked, yes the max limit of salaries aren’t high, and several may have taken a pay cut to come to Phathom (me included), but I have never seen a benefit package better than this. Unlimited vacation. $1500 per year for health and fitness expenses. Low monthly premiums for healthcare. Winter shutdown. ESP. And the list goes on. There are a lot worse packages out there and a lot worse companies. We haven’t had experience with Phathom to objectively say if they’re good or not. The fact that they have a way to put the medicine in patients’ hands if PAs are denied says a lot (trust me, I’ve worked with a company that had a very similar program to blink, and worked with one that didn’t and once the PA was denied that was it). Just be positive, but if you find a better opportunity take it because you have to do what you feel is best for yourself and your family. But I can almost guarantee that you’ll poke holes in the next company you’ll go to as well. Because we all can. I read people complain about the stock price. Well, don’t invest in the market at all because that’s what you’ll get with any stock for any new company. It’s a good time to buy, I believe. The approval came three weeks ahead of schedule. That’s positive. So far there are more positive signs than negative ones. We’ve seen worse. I’ve seen much worse. For a startup company I believe this is not as bad as some are making it out to be. Until we are in the field selling to HCPs, none of us can have an objective opinion on Phathom or the drug itself. So far, it’s at minimum net my personal expectations. I hope this helps, especially for the folks joining the wave 2 in December.
 








I would encourage everyone to go into this with a positive attitude. It’s a disease state that hasn’t seen any new treatments or innovation since the 90’s. All the research articles online highlight the big potential for PCAB treatment and benefit. I don’t think training is bad at all. It’s mostly self study with minimal zoom calls. I don’t think the training manager is as bad as the gent / lady said. They have been very helpful and very very responsive and open to feedback. Think of it this way: there isn’t one perfect company out there. We all can poke holes in every company that exists and find things to criticize. So far, I’d fairly say that training exceeded my personal expectations. People have been so nice, friendly and supportive. Our manager is the sweetest, and quite frankly one of the nicest managers I’ve been exposed to in my 21 years career. Give this a fair chance and don’t judge it until you’re in the field to see the HCPs’ response and have a real field experience with your manager. This way your criticism would be objective rather than subjective. And for those who asked, yes the max limit of salaries aren’t high, and several may have taken a pay cut to come to Phathom (me included), but I have never seen a benefit package better than this. Unlimited vacation. $1500 per year for health and fitness expenses. Low monthly premiums for healthcare. Winter shutdown. ESP. And the list goes on. There are a lot worse packages out there and a lot worse companies. We haven’t had experience with Phathom to objectively say if they’re good or not. The fact that they have a way to put the medicine in patients’ hands if PAs are denied says a lot (trust me, I’ve worked with a company that had a very similar program to blink, and worked with one that didn’t and once the PA was denied that was it). Just be positive, but if you find a better opportunity take it because you have to do what you feel is best for yourself and your family. But I can almost guarantee that you’ll poke holes in the next company you’ll go to as well. Because we all can. I read people complain about the stock price. Well, don’t invest in the market at all because that’s what you’ll get with any stock for any new company. It’s a good time to buy, I believe. The approval came three weeks ahead of schedule. That’s positive. So far there are more positive signs than negative ones. We’ve seen worse. I’ve seen much worse. For a startup company I believe this is not as bad as some are making it out to be. Until we are in the field selling to HCPs, none of us can have an objective opinion on Phathom or the drug itself. So far, it’s at minimum net my personal expectations. I hope this helps, especially for the folks joining the wave 2 in December.

very well said. not sure what some of you were expecting but all I can say is I'm very impressed so far and happy with my decision to come here. Time will tell but seems like some of you should not be here or even in industry.
 




This is one of the most helpful things I’ve ever read on CP. I’m a December start, and I’m grateful you took the time to share all that’s right. Thank you!

You are welcome. I’m glad I could shed some light on what’s going on. I don’t understand why some people are so negative. First they said denial is imminent. But we got the approval 3 weeks ahead of schedule. Then they switched to stock price. Well then don’t invest in the market and stick to railroad bonds if you can’t accept the risk:reward concept of investing.

Look. All of us can sit and poke holes at every company we’ve worked for. There’s nothing that’s perfect. I’ve worked for the big Pharma companies as well as the startups. And for a startup, Phathom - so far - has not disappointed. It is true the salary isn’t as high as I personally would have liked it to be, but the benefits are second to none! How many companies have we worked for that covered orthodontist work 100% up to $10K per year for every family member under the plan? How many companies pay $1500 per year for gym memberships / fitness equipment (including sneakers and weights and Apple Watches etc etc etc)? The health insurance deductions are seriously low compared to what most companies are deducting. The ESP is pretty great! Unlimited vacation!! What more does anyone want to stop complaining and stop trying to find holes or criticize? What are the expectations exactly that some of you have had, or have, that are not met with this company SO FAR? Do you expect a Benz for a company car? Zero deductions for health insurance? $200K annual salary? Do you expect the company to hire a sales rep assistant for every rep so they can do the heavy lifting first and then you go in and close? I don’t understand what the expectations are! I am one of many who took a pay cut to come here because we believe in the potential. We might end up wrong and we might end up doing extremely well. That’s the industry and the nature of the job with any company! So far, SO FAR, everything I have seen from Phathom has been excellent and met my expectations for a startup! Salary amount aside, everything else has been great. The training has been excellent. 90% self study and 10% zoom calls! They are open to questions. They give answers for all questions. The modules have been exceptionally good in my humble opinion. I just don’t get the constant negativity.

If anyone from those who are negative or try to poke holes isn’t happy, do us all a favor and quit. We can’t afford to have a poor launch with that attitude. And I support you 100% if you want to leave and quit because you are disappointed or because of whatever other reason. Do what is best for yourself and your family. No one has the right to tell you you’re wrong if you quit for lack of happiness. But to choose to stay then complain constantly, that’s not healthy for you (first and foremost), and for all of us who want this launch to succeed. Fair?

Wave 2 folks: come to this with a positive attitude. You will love it. Come to this with a negative attitude, you will hate it before you start. Ask yourselves: what are my expectations of a startup? I promise you, you will have a positive experience if your frame of mind is positive. Don’t join us because you’re running away from your previous company. Join us because you actually want to work and help us make this launch a blockbuster as we all are hoping it will be.
 
















You are welcome. I’m glad I could shed some light on what’s going on. I don’t understand why some people are so negative. First they said denial is imminent. But we got the approval 3 weeks ahead of schedule. Then they switched to stock price. Well then don’t invest in the market and stick to railroad bonds if you can’t accept the risk:reward concept of investing.

Look. All of us can sit and poke holes at every company we’ve worked for. There’s nothing that’s perfect. I’ve worked for the big Pharma companies as well as the startups. And for a startup, Phathom - so far - has not disappointed. It is true the salary isn’t as high as I personally would have liked it to be, but the benefits are second to none! How many companies have we worked for that covered orthodontist work 100% up to $10K per year for every family member under the plan? How many companies pay $1500 per year for gym memberships / fitness equipment (including sneakers and weights and Apple Watches etc etc etc)? The health insurance deductions are seriously low compared to what most companies are deducting. The ESP is pretty great! Unlimited vacation!! What more does anyone want to stop complaining and stop trying to find holes or criticize? What are the expectations exactly that some of you have had, or have, that are not met with this company SO FAR? Do you expect a Benz for a company car? Zero deductions for health insurance? $200K annual salary? Do you expect the company to hire a sales rep assistant for every rep so they can do the heavy lifting first and then you go in and close? I don’t understand what the expectations are! I am one of many who took a pay cut to come here because we believe in the potential. We might end up wrong and we might end up doing extremely well. That’s the industry and the nature of the job with any company! So far, SO FAR, everything I have seen from Phathom has been excellent and met my expectations for a startup! Salary amount aside, everything else has been great. The training has been excellent. 90% self study and 10% zoom calls! They are open to questions. They give answers for all questions. The modules have been exceptionally good in my humble opinion. I just don’t get the constant negativity.

If anyone from those who are negative or try to poke holes isn’t happy, do us all a favor and quit. We can’t afford to have a poor launch with that attitude. And I support you 100% if you want to leave and quit because you are disappointed or because of whatever other reason. Do what is best for yourself and your family. No one has the right to tell you you’re wrong if you quit for lack of happiness. But to choose to stay then complain constantly, that’s not healthy for you (first and foremost), and for all of us who want this launch to succeed. Fair?

Wave 2 folks: come to this with a positive attitude. You will love it. Come to this with a negative attitude, you will hate it before you start. Ask yourselves: what are my expectations of a startup? I promise you, you will have a positive experience if your frame of mind is positive. Don’t join us because you’re running away from your previous company. Join us because you actually want to work and help us make this launch a blockbuster as we all are hoping it will be.

Well said. If you don't like it here, quit. Just like if you don't like the US, leave.
 








exactly how I view it. just leave. we all know what this gig is and if it plays out right, we will make some bonus and get a nice payout during the buyout. don't like that, leave. bye.
Lol buyout? The charts are pointing straight down in the entire sector. A lucky few will be bought out but BK/Layoffs much more likely for the majority of pharma.