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Peter Rost, M.D., is a former Pfizer Marketing Vice President providing services as a medical device and drug expert witness and pharmaceutical marketing expert. Judge Sanders: "The court agrees with defendants' view that Dr. Rost is a very adept and seasoned expert witness." He is also the author of Emergency Surgery, The Whistleblower and Killer Drug. You can reach him on rostpeter (insert symbol) Please read the terms of use agreement and privacy policy for this blog carefully.

What Pharma Employees REALLY Think

A lot of people criticize Big Pharma. But what are the employees saying?

It is so unprintable that I can't put it into my post.

But I can help you by giving you these links.


Bristol-Myers Squibb: FBI Raids Dolan's office!!!


Merck: Who Really Is Running This Company ?

Novartis: MY Salary Sucks!!! and Sleeping with boss

Pfizer: Legal Counsel on Behalf of Jeff Kindler

Sanofi-Aventis: Would you Recommend SA to a Friend?

TAP: What is tap like to work for?

With the FBI raiding drug company CEO's offices, perhaps the negative sentiment isn't surprising?


Anonymous Anonymous said...

Drug reps = Catering cheerleaders who are just smart enough to see that the job is not worth a damned thing.

No wonder they are so bitter.

Blogger MsMelody said...

You can call them cheerleaders . . . but somehow, I see them more akin to the street prostitutes, or even the pricey "escorts" who strut their stuff to fill the coffers of their pimps. Cheerleaders exude wholesomeness; what drug reps dispense may sometimes be necessary medications . . . but are just as likely to be another 'me too' drug or a medication prescribed for a newly-labeled "medical" condition.

Anonymous Anonymous said...

Who said pharma employees don't have a sense of humor!

Anonymous Anonymous said...

This is the best comment:

Anonymous Posts: n/a

Re: What is tap like to work for?


It will remind you of the Special Olympics!

Anonymous Rosethejet said...

Does it really cost almost a billion dollars to make each drug?

Anonymous Anonymous said...

Reps for drug companies do not always just "strut their wares". Some do other stuff, such as teaching hospital departments how to test blood samples large scale, and it is not easy to live in hotel rooms either. Others, who work at drug companies and do other jobs have their problems as well. I know a number of persons who worked at companies like Glaxo or Ortho McNeil who were given jobs with promises of certain kinds of salaries which never materialize. The contract, which exists, never goes into effect, there is always some little problem, time. Finally they have to make a choice, quit, or put up with being taken for a fool. A number of these persons also work very, very long hours. It is not much different, however, from what goes on elsewhere in the U.S. People get hired, right out of school, with a contract, and then...oops, contract changes, runs out of money this week...and, well, you can be an intern for now and first job up...and...nothing. All that is nothing new.There is nothing one can do about it, right? Or, is there?

Anonymous Anonymous said...

Rosethejet said...Does it really cost almost a billion dollars to make each drug?



The process starts with DISCOVERY of a new molecule that has potential. That discovery process alone is incredibly difficult, even with tech tools. A real needle in the haystack job.

Then the molecule needs to go through all kinds of testing to determine it's potential - and potential problems. Almost all the molecules flunk out before they get to the stage where they can be tested on humans - clinical trials.

Meanwhile, incredibly detailed records must be kept the whole way through - with massive requirements by the FDA.

It takes 7 - 15 years (or more) to actually bring a new drug to in order to justify the $800M or so, there needs to be a clear sense that there is enough of a market for the drug. That's why pharma companies love drugs for common problems (hypertension, depression, etc) and won't EVER invest the money for a drug to cure Lou Gherig's disease.

It many ways this is not unlike the oil industry. There's massive investment and high risk in order to find a winner.

The real question around all this is: given the cost and the risk, what is a FAIR profit, and what is an OBSCENE profit.

And a corollary question: should our government be in the business of interfering with market forces on behalf of consumers...or not?

Peter, I wonder what your answers are - and I wonder if they have changed since you've gone from being an insider to being an outsider?

Blogger Peter Rost said...

Does it really cost a billion to come up with a new drug?

Response: NO.

This is a number invented by pharma, Marcia Angell describes exactly how this number was invented in her book, which I advertise on thise page.

They have included the capitalized costs. To make it simple, to say a new drug costs a billion is like saying a Ford Taurus costs $100,000. Which may be true if you include all the interest costs, the money you could have earned, etc.

REAL cost to develop a new drug is on average about $100-$150 million. Read "The truth about the drug companies."

But none of this matters. What is interesting is that drug company profits, after all the write offs, is about twice as high as those awful oil companies.

They are making money hand over fist. And there is no way back. If they stop doing that Wall Street will kill them.

They are at a point of no return.

Anonymous Anonymous said...

So Peter, does that mean the only way to get "cheaper" drugs is to import them? That sounds crazy.

Blogger MsMelody said...

Eli Lilly has a superb "business model" in the area of insulin. First, get rid of the natural insulins, hype rDNA stuff to doctors (thank the sales reps for doing a splendid job!), then promote the rDNA stuff as "the best." At the same time, use lobbyists to encourage FDA to place roadblocks on the importation of natural insulins. Then, with the OBSCENE profits, spread the business model throughout the world, until there are no sources of natural insulin (kill the competition.)

My husband is a diabetic. When he first heard the mantra from a "diabetic specialist" that: "rDNA Human insulin is JUST LIKE THE BODY MAKES--why would anyone want to take anything BUT human insulin" he was dismissive of the messenger. When he heard the message from SEVERAL diabetic specialists, he recognized that such a mantra could only have been dispersed through corporate propaganda. Without any FACTS to substantiate this claim, the message remains intact and spreading.

Just one example of the marketing skills used to subjugate the masses . . . . Independent investigation shows the possibility that rDNA human insulin NOT just like the body makes. Recent research has even shown that HUMAN insulin may be the CAUSE of Type 1 diabetes. But the lies continue--again, thanks drug reps.

Blogger Peter Rost said...

No, the only way to get cheaper drugs is not to import them. IN fact half the people in the US get cheaper drugs through their PBMs. It's only the uninsured paying full price. They are the only ones we stick it to. The rest already pay Canadian prices . . .


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