Wow, what was Bob smoking? $18.5 million loss....

Quote
anonymous said:
Agree with the previous post. Sprix is painful. I'm suggesting that Healthcare professionals tell patients to exhale and gently spray the stuff up their nostril. Then gently sniff it. I think lidocaine is a great idea.
Click to expand...

So here is the real deal. NP threw DM under the bus. NP is building her own empire here. All of the marketing issues are under her watch. Also look at her track record and morals.
 












It's funny how RR tries to pretend to one of us at the sales meetings, like he's the guru. Also those sports analogies - like he's a pro. He's a laughable little, bald, chubby ugly guy.

I agree with the posts about Sprix. It's an underdeveloped product. Good pain relief, horrible formulation - causes nasal pain on dosing and then a really bad after taste. Oxyado just doesn't have enough differentiation from Oxycodone HCL.
 












Who cares? Morale sucks here in Wayne. Type away on your laptops folks, it'll give the new legal counsel something to do with his time before he has to file for Chapter 11.
 












Egalet elimination of Chief Commercial Officer puzzling, says Janney Capital Janney Capital analyst Ken Trbovich said the "lackluster" quarterly revenues reported by Egalet "ought to concern those looking for a major ramp" from its existing products, though he continues to think the stock's prospects are tied to the potential approval and launch of Arymo, not its Oxaydo and Sprix products. Additionally, the removal of its "once highly touted" Chief Commercial Officer is "puzzling," given her expertise in the pain space and the impending launch of Arymo, Trbovich tells investors.
 






What was that conference call about? Sales management trying to convince us that the future is bright. And NP is a joke. She can't string two words of sense together. As the future is Arymo, why are we wasting time with these two deadbeat products? Rehearsal for the big time?
 






anonymous said:
What was that conference call about? Sales management trying to convince us that the future is bright. And NP is a joke. She can't string two words of sense together. As the future is Arymo, why are we wasting time with these two deadbeat products? Rehearsal for the big time?
Click to expand...

Got to guess that's little Bob's plan however his track record as a commercial leader or deal maker sucks. Word on the street is that the deal that he made with his last company fell apart and Sanofi disposed of the asset at a huge loss last year.
 






I ran into Stan and Barb from finance the other day when I was in HQ having a coffee. He looked glum, she just smiled a lot and was evasive. They did agree that were 25 % below sales forecast. He said that was already public knowledge as it'd been announced. So downsizing in July. Who'd you like to see go?
 






Wow...I was hired in December of 2015 as a part of the InVentiv contract expansion, and was initially excited about it, but for some internal reason, I just couldn't bring myself to leave my current pharma company. So, instead of putting in my two weeks notice, I used vacation time to attend training in Jersey, just to feel out the company, and my concern about joining Egalet only worsened.

Everyone in my training class was talking about the "itchy trigger finger" management had regarding layoffs, and everyone I spoke with seemed to think we would all be let go if we didn't meet our quotas within 6 months. This mindset seemed to be shared by practically everyone. So, needless to say, I didn't gain the confidence I needed during training to officially leave my current job.

Now, I was also fortunate enough that we were given off the last week of the year between Christmas and New Years (as a lot of Pharma companies do) to continue to try to convince myself that Egalet was worth joining. Then came Tim's incendiary email to the sales force the Monday after Christmas informing everyone how unacceptable Oxyado sales have been, and how we absolutely must hit our quota in Q1. I thought to myself, "Damn! If Tim is this much of a jerk the Monday after Christmas, I can only imagine how much of an A$$hole he will be at the end of January when Oxyado sales goals are not met.

I decided right then and there (while riding with my "mentor" in Birmingham) I was not going to stay with Egalet. So, I called my RM and quit, and stayed with my current company, and -based on the affirmation I've received from this website, and other news sources- I am SO freaking glad I didn't join this dumpster fire of an organization.
 






anonymous said:
Wow...I was hired in December of 2015 as a part of the InVentiv contract expansion, and was initially excited about it, but for some internal reason, I just couldn't bring myself to leave my current pharma company. So, instead of putting in my two weeks notice, I used vacation time to attend training in Jersey, just to feel out the company, and my concern about joining Egalet only worsened.

Everyone in my training class was talking about the "itchy trigger finger" management had regarding layoffs, and everyone I spoke with seemed to think we would all be let go if we didn't meet our quotas within 6 months. This mindset seemed to be shared by practically everyone. So, needless to say, I didn't gain the confidence I needed during training to officially leave my current job.

Now, I was also fortunate enough that we were given off the last week of the year between Christmas and New Years (as a lot of Pharma companies do) to continue to try to convince myself that Egalet was worth joining. Then came Tim's incendiary email to the sales force the Monday after Christmas informing everyone how unacceptable Oxyado sales have been, and how we absolutely must hit our quota in Q1. I thought to myself, "Damn! If Tim is this much of a jerk the Monday after Christmas, I can only imagine how much of an A$$hole he will be at the end of January when Oxyado sales goals are not met.

I decided right then and there (while riding with my "mentor" in Birmingham) I was not going to stay with Egalet. So, I called my RM and quit, and stayed with my current company, and -based on the affirmation I've received from this website, and other news sources- I am SO freaking glad I didn't join this dumpster fire of an organization.
Click to expand...

Thanks for posting. I had a similar experience with them and decided not to follow through last year. This is a company in serious trouble. I did some due diligence on "little Bob", and his record is weak. I didnt find anyone who spoke well of him.Talks a big game but mostly has taken people's hard work and claimed it for his own. It'll be firings in July and Chapter 11 bankruptcy thereafter. Unless the Board does the right thing and fires and replaces the CEO, CFO and COO.

I turned down the 'opportunity' immediately after Jersey so I didn't get that email post Christmas but it sounds like a crappy thing to do and bad behavior

Really unhealthy environment and atmosphere right now. AVOID!!
 






anonymous said:
Wow...I was hired in December of 2015 as a part of the InVentiv contract expansion, and was initially excited about it, but for some internal reason, I just couldn't bring myself to leave my current pharma company. So, instead of putting in my two weeks notice, I used vacation time to attend training in Jersey, just to feel out the company, and my concern about joining Egalet only worsened.

Everyone in my training class was talking about the "itchy trigger finger" management had regarding layoffs, and everyone I spoke with seemed to think we would all be let go if we didn't meet our quotas within 6 months. This mindset seemed to be shared by practically everyone. So, needless to say, I didn't gain the confidence I needed during training to officially leave my current job.

Now, I was also fortunate enough that we were given off the last week of the year between Christmas and New Years (as a lot of Pharma companies do) to continue to try to convince myself that Egalet was worth joining. Then came Tim's incendiary email to the sales force the Monday after Christmas informing everyone how unacceptable Oxyado sales have been, and how we absolutely must hit our quota in Q1. I thought to myself, "Damn! If Tim is this much of a jerk the Monday after Christmas, I can only imagine how much of an A$$hole he will be at the end of January when Oxyado sales goals are not met.

I decided right then and there (while riding with my "mentor" in Birmingham) I was not going to stay with Egalet. So, I called my RM and quit, and stayed with my current company, and -based on the affirmation I've received from this website, and other news sources- I am SO freaking glad I didn't join this dumpster fire of an organization.
Click to expand...

Great post, thank you! It's the sort of info that is really useful on this board. Much appreciated.
 






LOL - Bob Radie just stole the EY Entrepreneur of the Year on the day EGLT stock plummeted 8% to $5.03 and thestreet.com rates our shares as D-.

What a crock!!

Truly 'extraordinary leadership' - very extraordinary given that sales and morale are in the pits......Amazing what our PR company can pull off....haha:

WAYNE, Penn., June 10, 2016 /PRNewswire/ -- Egalet Corporation, a fully integrated specialty pharmaceutical company focused on developing, manufacturing and commercializing innovative treatments for pain and other conditions, announced today that president and chief executive officer Bob Radie has been named the Greater Philadelphia's 2016 EY Entrepreneur of the Year ® in healthcare.

Mr. Radie was recognized because of his extraordinary leadership in the areas of innovation, financial performance and strategic direction, as well as for his personal influence, entrepreneurial spirit and impact on the Greater Philadelphia community.

"Receiving this recognition truly is an honor that I share with the entire Egalet team whose hard work and dedication has been integral to the success of this company," said Mr. Radie. "EY's program is a tribute to the incredible talent and entrepreneurial spirit that makes up our great community and I'm honored to be in the company of many current and past Entrepreneur of the Year finalists and recipients."
 






























L Mc and B S are also in the same boat. Two weeks and Tim/Bob/Mark will be hollering and firing when we miss the half year and Wall Street will want to see action. Deanne last quarter, us this time. My territory is 34% behind quota. No way we're going to get there. Management needs to rethink it.
 












Top Bottom
Back
Quote