PREDICTIONS

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Anonymous said:
So glad that I didn't get this position. Sounds like you guys are having major issues. Some of the upper management was pretty awful. Not calling out names, but the short guy was a total dick. SOB coughed on me the whole interview and gave me the flu. He had his mind made up before I even left to fly to Dallas. But karma has a way of making things right. Sorry for the reps though. I meet some really great people.
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Feel lucky that you didn't get this job. And if you are talking about mark, you are correct. He is worthless. He is not respected with this company.
 








Yeah, like that buffoon in the ATL. He said, "not looking to hire people with pain experience, cause I want to shape them my way." Might possibly be the most stupid comment I ever heard at an interview. Small company with only one chance to make it work and they hire a DM who wants reps with no pain experience, so he can mold reps his way??? Yeah, how's that hire working out for you Zogenix?... I laugh now and actually, I should thank him for passing on me, since it forced me to stay with my company and at least have a future there. Thanks KB!
 








Anonymous said:
It closed at $1.69 today. It was just under $5 in February. Are you sure you should be laughing?
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How low will it go? I'm betting on $1.25 by end of summer! If you are 1/4 vested in rep stock after one year, how much are your options worth?....... $0! If the stock climbs back to $3 after 2 years and you are 50% vested, you're still at $0! If you aren't looking because you think those stock options are going to be big money you are living a dream (or nightmare depending how you look at it). The ONLY reason they offered the options is because they knew that Zohydro was a BIG gamble, and they just crapped out! They could have given you 500,000 shares and if the stock doesn't grow from the issue price, you get nothing! Can't even remember exactly, but it's going to have to get back to near $5 a share to even be level with it.
 








Anonymous said:
Look, I'm double dipping here, so if this job doesn't work for me, not a big deal (Don't waste your time replying they will figure me out, they won't. No one has for 6 years, so bite me). Here, though, are my predictions for this job. You will argu them, but in 12 months come back to this post cause I'll be right on.

1) Sold in 12 months. There are people who were brought to this company that specialize in just this, trying to get a big pharma company to buy. Take a look and you'll figure out quick who they are and what companies they were with, and their inevitable outcome. It's true.

2) Mass layoffs. With all the bad press about Zohydro, states trying to stop its approval, the risk of another Oxy, C3's that are easier and cheaper to write, this product will have little to no coverage. It will be a tough sell, even for your buddy docs who carried you at other jobs. Plus, the S Pen sucks. About 50% of the time it bruises the skin and doesn't inject properly. Neuro's hate it. It's got about as much business as it will ever get.

3) Zogenix is a block buster!!! LOL, just kidding! See prediction 1 or 2.

The idea is great, and we all have docs who are excited about Zohydro. But the truth is coverage will be painfully tough. Read the articles online. The states, the national government and the communities don't want this. If you take it for what it is (a paycheck for a year) you will be fine. If you think you are going to cash in the stock and retire in 4 years, you are an idiot. Good luck.
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How my you like them predictions apples now!
 








Anonymous said:
Look, I'm double dipping here, so if this job doesn't work for me, not a big deal (Don't waste your time replying they will figure me out, they won't. No one has for 6 years, so bite me). Here, though, are my predictions for this job. You will argu them, but in 12 months come back to this post cause I'll be right on.

1) Sold in 12 months. There are people who were brought to this company that specialize in just this, trying to get a big pharma company to buy. Take a look and you'll figure out quick who they are and what companies they were with, and their inevitable outcome. It's true.

2) Mass layoffs. With all the bad press about Zohydro, states trying to stop its approval, the risk of another Oxy, C3's that are easier and cheaper to write, this product will have little to no coverage. It will be a tough sell, even for your buddy docs who carried you at other jobs. Plus, the S Pen sucks. About 50% of the time it bruises the skin and doesn't inject properly. Neuro's hate it. It's got about as much business as it will ever get.

3) Zogenix is a block buster!!! LOL, just kidding! See prediction 1 or 2.

The idea is great, and we all have docs who are excited about Zohydro. But the truth is coverage will be painfully tough. Read the articles online. The states, the national government and the communities don't want this. If you take it for what it is (a paycheck for a year) you will be fine. If you think you are going to cash in the stock and retire in 4 years, you are an idiot. Good luck.
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NAILED IT!
 








Zogenix is about to implode. Reps leaving and a hiring freeze--Lot's of scurrying around San Diego-fire drill meetings. One of two things-either major downsizing to 40-50 reps or a buy out.
 








The only reps that are still there can't find jobs because they suck and are lazy and make one call a day and the manager is just as lazy as they are.....on wait they are a SAM- that will be special on a resume! You can talk about selling cover my meds.... Wow! That's unique!
 
































Anonymous said:
Zogenix is about to implode. Reps leaving and a hiring freeze--Lot's of scurrying around San Diego-fire drill meetings. One of two things-either major downsizing to 40-50 reps or a buy out.
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TOLD YA! Oh ye of little faith. I told you so why are you so surprised about a conference call scheduled with less than two hours notice for sales? Do you really think this is a good thing?
 
























Wow, so interesting that RM and MS are gone....does anyone think that SS and BM will do any better? I do! If any of you have had the opportunity to work for these guys, you are lucky. These 2 are awesome and so glad to be back to the "we are the adult" pharma company!
 








Anonymous said:
Wow, so interesting that RM and MS are gone....does anyone think that SS and BM will do any better? I do! If any of you have had the opportunity to work for these guys, you are lucky. These 2 are awesome and so glad to be back to the "we are the adult" pharma company!
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If you were three times smarter you could be considered an idiot.
 
































Anonymous said:
Actually his/her comment is spot on
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Totally spot on. BM is well regarded in the West and SS is motivating, knowledgeable, thorough and always has your back. Going back to Old Zogenix is a step in the right direction, but may be too little too late. The damage has been publicly done to Zohydro. RM took care of damaging the sale force. It's good to say good bye to his threats and intimidation, not to mention his inability to see the realities in the field. Purdue will take care of the rest. Pharma for Adults may be back, but it remains to be seen if Zogenix can be the come back kid.
 








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