RANBAXY LABS BUYOUT OF PRX

[Anonymous]

haughey gets a promotion after losing cases that cost par over $300M yes 300 million

pc is ok but needs to brush up on mgt 101 and get costs in generics down to competitor levels so par is no longer the highest cost producer in the generic space

watson is undercutting par at every turn as PAR CONTINUES TO OFFER THE HIGHEST SALARIES AND MOST GENEROUS FRINGE BENEFIT PACKAGES IN THE WORLD while productivity continues to LAG for both generics and strativa

le pore is looting the treasure before p cos / rw boot him out

meanwhile expect pay reductions fringe givebacks before foreign ownership occurs

 

[Anonymous]

another rumor here on the eastern seaboard about pay and fringe givebacks to make us more competitive

 

[Anonymous]

another rumor here on the eastern seaboard about pay and fringe givebacks to make us more competitive

Givebacks are a given, there is no doubt but 30% seems large

The more reps that leave , the better


We are overstaffed even in generics

 

[Anonymous]

it is long overdue and saves our jobs

2 years ago par had 100% of the toprol market, now 30% and falling and there are numerous other examples


why?

we are not a low cost producer, costs including employee salaries and benefits are too damm high and par can not compete

to save jobs we have to do givebacks BIG TIME

 

[Anonymous]

2 years ago par had 100% of the toprol market, now 30% and falling and there are numerous other examples


why?

we are not a low cost producer, costs including employee salaries and benefits are too damm high and par can not compete

to save jobs we have to do givebacks BIG TIME

Par had 100% because other generics were pulled from the market. Now we have competition from other generics. Current share is respectable dummy.

 

[Anonymous]

2 years ago par had 100% of the toprol market, now 30% and falling and there are numerous other examples


why?

we are not a low cost producer, costs including employee salaries and benefits are too damm high and par can not compete

to save jobs we have to do givebacks BIG TIME

The loss of significant market share is a disgrace and represents poor management at par. Cutbacks and salary and benefit reductions are long overdue at this country club.

 

[Anonymous]

The loss of significant market share is a disgrace and represents poor management at par. Cutbacks and salary and benefit reductions are long overdue at this country club.

starting with bonuses at strativa, as we encourage more reps to hit the road

 

[Anonymous]

It becomes so obvious when you compare the super generous par employee benefits to the new employees coming over from edict anchen pharmas

Le pore is so slow to act but he finally gets it

a

right

 

[Anonymous]

The loss of significant market share is a disgrace and represents poor management at par. Cutbacks and salary and benefit reductions are long overdue at this country club.

The slashing will intensify. Layoffs and long overdue salary, bonus and benefit cuts, sorry to say

 

[Anonymous]

The slashing will intensify. Layoffs and long overdue salary, bonus and benefit cuts, sorry to say

news soon

 

[Anonymous]

news soon

rp gets a well deserved promotion for slashing par salaries bonuses and benefits

 

[Anonymous]

rp gets a well deserved promotion for slashing par salaries bonuses and benefits

No reps have left since march NONE and who leaves given the high salaries, oversized bonuses and super generous fringes

 

[Anonymous]

No reps have left since march NONE and who leaves given the high salaries, oversized bonuses and super generous fringes

I left...

 

[Anonymous]

I left...

and for less pay, no bonus and few fringes. Goodbye holiday shutdowns

 

[Anonymous]

and for less pay, no bonus and few fringes. Goodbye holiday shutdowns

More pay, more vacation, xmas shut down, better health insurance, cheaper monthly personal use for company car, better management (they also have this at McDonalds), drugs that are needed, geez the list could go on and on but the point is the world outside of Strativa is nice....

 

[Anonymous]

More pay, more vacation, xmas shut down, better health insurance, cheaper monthly personal use for company car, better management (they also have this at McDonalds), drugs that are needed, geez the list could go on and on but the point is the world outside of Strativa is nice....

you are only fooling yourself

 

[Anonymous]

you are only fooling yourself

management is weak and ineffective but have shareholders fooled

 

[Anonymous]

management is weak and ineffective but have shareholders fooled

now generics is following the lead of the troubled strativa division. generics cost structure is far too high and watson and soon mylan will eat par's lunch. par is just not competitive and market share continues too fall. par has too many managers, a bloated and overpaid senior mgt group and the indians at the bottom are treated like royalty with generous pay and benefits and bonuses granted based upon easy targets. in all a disfunctional culture from nj and outwards

 

[Anonymous]

now generics is following the lead of the troubled strativa division. generics cost structure is far too high and watson and soon mylan will eat par's lunch. par is just not competitive and market share continues too fall. par has too many managers, a bloated and overpaid senior mgt group and the indians at the bottom are treated like royalty with generous pay and benefits and bonuses granted based upon easy targets. in all a disfunctional culture from nj and outwards

and no biosimilar program, the future of generics

 

[Anonymous]

and no biosimilar program, the future of generics

A buyout is near, very near!