Indeed these locust are everywhere.
Poisoning the work environment with their parochial networks with roots in underdeveloped or hostile parts of the world
Like in Biomarin these three groups are mostly responsible for a toxic environment at work. On a surface we are American company, but inside, not so. Like under locust.
The management for some departments are clearly inexperienced and have not been in charge of managing people in the past. My direct supervisor had limited experience at only one company prior to joining Esperion and has no experience in the subfunction he was overseeing. The worst part is, the other departments we interact with also are not great at their functions so they would not easily recognize my supervisor was not knowledegable on the topics he was speaking on.
To add something to Lilly and Novo positions: both are with risk or a straight nonsense. If one wants to have more manufacturing capacity on his own without CMO contracts, one buys an underutilized plant from one of other pharma giants. This was what Biomarin did buying a plant in Ireland from Pfizer for 1/5 (yes!) of what Pfizer spent to build it. This happened under the previous Biomarin CEO. Novo and Lilly try to outbid each other who spends more and looking greater.
Our esteemed colleague from Lilly applauds taking over Catalent by Novo. This was a wrong move, overpaying for quick access to manufacturing coming with all the negative baggage. No synergy between two organizations. One pays such money for a company with established products, good pipeline and promising IP.
The company will build new plants in the US. Maybe a good move until 2029 presidency. Comparing to Novo acquisition of Catalent, it is more risk predicting the market and competitive landscape down the road. Is Lilly strategy right? On surface yes, but in reality we doubt Lilly's strategic planning abilities.
Rare diseases are a good excuse to acquire small companies for little money. Due to not growing pipeline, a new plan for apparent growth is to acquire a few for millions each and flash a new expanding pipeline. Call this sustainability.
