Rick Acquires Allergan for $63 Billion

Quote
anonymous said:
Agree completely that the Allergan reps will not at all "gel" with the Abbvie culture.... As history has proved, Abbvie will take on these new reps, shock them with sales manager mandated new metric and tracker requirements, and they will all jump like rats off the Abbvie ship.... Then the remaining Abbvie reps that are used to the dysfunction will only earn a pittance of the remaining bonus (because quotas are impossible), the "house" (Abbvie) will pocket the profits, and churn and burn out reps like they historically have done... The upside? The remaining Reps/Managers will suddenly look 10 years younger because of all the "samples" that are unaccounted for that were injected into their forehead frontalis lines and fillers in their nasalabial folds... Enjoy !
Click to expand...

Funny! Abbvie is so
Conservative that they won’t give Abbvie employees Brilliant Distinction points to use on skin medica, Botox, fillers, implants etc. for fear of liability. I bet they’ll mail the samples to the clinics and find a way that reps cannot “use samples” on their face. The upside to all this is it’s a HUGE profit margin for Abbvie to acquire Allergan as ALL the aesthetic products are primarily purchased with CASH and no insurance. This is the cash flow Abbvie needs due to Humira losing patent now in Europe and two more years in the US. Allergan dominates the plastic surgery - aesthetic spa clinics. No other products compare! High profit
Margins and certain states like
CA, FL, NY, GA... thrive on cosmetic enhancements. Our stock
Will soar sooner or later - women can’t go
Without their Botox, filler, and implants (both breast and butt) and they’ll pay no matter how
Much the price goes up because it helps
Them
Compete with each other and stay youthful.
 






anonymous said:
Funny! Abbvie is so
Conservative that they won’t give Abbvie employees Brilliant Distinction points to use on skin medica, Botox, fillers, implants etc. for fear of liability. I bet they’ll mail the samples to the clinics and find a way that reps cannot “use samples” on their face. The upside to all this is it’s a HUGE profit margin for Abbvie to acquire Allergan as ALL the aesthetic products are primarily purchased with CASH and no insurance. This is the cash flow Abbvie needs due to Humira losing patent now in Europe and two more years in the US. Allergan dominates the plastic surgery - aesthetic spa clinics. No other products compare! High profit
Margins and certain states like
CA, FL, NY, GA... thrive on cosmetic enhancements. Our stock
Will soar sooner or later - women can’t go
Without their Botox, filler, and implants (both breast and butt) and they’ll pay no matter how
Much the price goes up because it helps
Them
Compete with each other and stay youthful.
Click to expand...

You’re dreaming Allergan is losing money and EOLS will take 50% market share.
 






anonymous said:
You’re dreaming Allergan is losing money and EOLS will take 50% market share.
Click to expand...

Who’s EOLS? Allergan May be losing money on their non aesthetic products but they are market leader in spa skincare - skin medica , Botox, volluma, vollure, volbella, kybella, cool sculpting, breast and butt implants. it’s all cash no insurance! How can they be losing in that space?
 












This is abbvies chance to cut reps like above ....Allergan reps make high 60s to low 70s in base ....carrying 3-4 drugs ....I know an abbvie rep been there 15 years makes base of 110k selling synthroid ...so ...think about it I've seen Abbott and abbvie cut their own during acquisitions...110k vs 65k plus abbvies pension plan accrues and adds a lot of money to person's compensation ...who's more expensive?
 






anonymous said:
This is abbvies chance to cut reps like above ....Allergan reps make high 60s to low 70s in base ....carrying 3-4 drugs ....I know an abbvie rep been there 15 years makes base of 110k selling synthroid ...so ...think about it I've seen Abbott and abbvie cut their own during acquisitions...110k vs 65k plus abbvies pension plan accrues and adds a lot of money to person's compensation ...who's more expensive?
Click to expand...

There will be blood...here comes the Purge
 












With Allergan bleeding money & asset value, the only way to make this work is to sell off most of everything except Botox. Thus enabling HUGE slashes to the sales team & ops.

  1. AGN for the last three years has increasing net income losses. With 2018 coming in at a loss of over $5 billion. Look @ the financials, 2018 was the biggest net income loss during the last 5 years.
  2. Combine that with total asset value continuing to go down the last 3 years.
  3. Don't forget shareholder equity in a downward trend the last 4 years.
 






anonymous said:
Allergan reps, DM's & RM's have the best reputation in the Pharma Industry. Look for another internal house cleaning come 2020. Spruce up those resumes guys!
Click to expand...

Best reputation...sounds like a culture survey that AbbVie fills out to brag about themselves...newsflash..no one gives a shit about who you work for...
 






anonymous said:
This is abbvies chance to cut reps like above ....Allergan reps make high 60s to low 70s in base ....carrying 3-4 drugs ....I know an abbvie rep been there 15 years makes base of 110k selling synthroid ...so ...think about it I've seen Abbott and abbvie cut their own during acquisitions...110k vs 65k plus abbvies pension plan accrues and adds a lot of money to person's compensation ...who's more expensive?
Click to expand...

That is absolutely not the case for their aesthetic reps! The aesthetic reps make good money well above 100K! You have an aesthetic rep that works their tail off and takes care of all the plastic surgeons and aesthetic spas/clinics...they make very good money. One rep for skincare , one rep for Botox,fillers, cool sculpting, and one rep strictly for plastic surgeons in the OR with implants. Those reps make bank! Especially in areas such as LA or Miami where there’s more plastic surgeons per square mileage than Starbucks coffees stores!
 






Juvederm ,Botox, Vraylar, Vibryd ,Fetzima are holding their own with mid to high level single digit growth. Will it last? No! Alphgan ,Combigan ,Ozurdex ,Restasis, and Ozurdex are growing (barely). Cool sculpting is a joke YAWN. Namenda XR tanked big time from lost patent. In WH, Lizness Loestrinb is holding ground. Bystolic/Byvalson is eroding. Positive overall stats BUT not even close to offset Humira loss. C’mon man It’s OVER Folks, wake up and smell the roses. Abbvie is DOA in 2023. Rick just pulled his LAST Fk up!! Bye Bye Gonzo you’re gone and you better stop fighting it. Retire with dignity or go out the hard way. Stop lying too about being here until 2023.
 






anonymous said:
Juvederm ,Botox, Vraylar, Vibryd ,Fetzima are holding their own with mid to high level single digit growth. Will it last? No! Alphgan ,Combigan ,Ozurdex ,Restasis, and Ozurdex are growing (barely). Cool sculpting is a joke YAWN. Namenda XR tanked big time from lost patent. In WH, Lizness Loestrinb is holding ground. Bystolic/Byvalson is eroding. Positive overall stats BUT not even close to offset Humira loss. C’mon man It’s OVER Folks, wake up and smell the roses. Abbvie is DOA in 2023. Rick just pulled his LAST Fk up!! Bye Bye Gonzo you’re gone and you better stop fighting it. Retire with dignity or go out the hard way. Stop lying too about being here until 2023.
Click to expand...

  • VRAYLAR® net revenues grew 72.2 percent in the second quarter of 2018 from the prior year quarter to $114.2 million.
Just sayin.... I don't disagree with your sentiment, but some of your facts are shit.
 






























anonymous said:
What does the 401k/pension look like at ABBV?
Click to expand...
Former Solvay rep. We got to keep our cradle to grave honey pot. So on top of my 135k base, profit sharing 8%; 401k match and cash pension plan its well over 200k and I get 80% when I retire at 55 years old plus 100% paid medical. The Solvay family negotiated our merger with the employees in mind. I never get tired of winning! We will probably get a crack at the best jobs when the merger is done. Allergan people will be treated well here, AbbVie has a sadomasochist approach to their own employees. Just wait till you interview with former Abbott managers for open positions. There is an inherent jealousy when dealing with acquired help.
 


















Hell this ABBV stock and acquisition giving me the Blues. Time for a shot of Louis XIII cognac out here in middle of the Atlantic, with my pretty young nieces ... Wink Wink Nudge Nudge


Born under a bad sign
Been down since I began to crawl
If it wasn't for bad luck
You know, I wouldn't have no luck at all
Hard luck and trouble
Been my only friend
I've been on my own
Ever since I was ten
Born under a bad sign
Been down since I began to crawl
If it wasn't for bad luck
You know, I wouldn't have no luck at all
I can’t read I didn’t know how to write
My whole life has been
One big fight
Born under a bad sign
I've been down since I began to crawl
If it wasn't for bad luck
I say, I wouldn't have no luck at all
You know wine
And women is all I crave
A big legged woman
Gonna carry me to my grave.....

Albert King

Godfather Of Blues
 






Top Bottom
Back
Quote