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Post by Deleted on Jan 5, 2017 9:46:43 GMT -5
The answers to these two questions would help give me additional clarity about Mannkind's future. I think the answers would give PB folks some clarity too.
If the answer to both of these questions is no, at what point if at all will the answer to these questions be yes?
No company with 6 months of cash and facing delisting would hire FTE sales people yet there are many sales and other jobs posted on the career section of Mankind's website.
If any of you are friendly with Mike C, perhaps you can shoot him an email. Happy New Year to all of you.
Q1 - Has the Touchpoint salesforce that has been selling Afrezza transitioned over to full time Mannkind employees?
Q2 - Mannkind has been running ads for additional sales people (AKA: Area Business Managers). Have any of these people been hired and when do they start work?
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Post by mnholdem on Jan 5, 2017 10:36:00 GMT -5
Mike Castagna mentioned during the 3Q16 earnings call that a number a reputable sales reps wouldn't work through a contractor and that he was looking forward to direct-hiring some highly qualified pharma sales reps. To my knowledge, MannKind has never published the names of new hires unless brought on board as an executive. I'm not sure you'll ever get the sales force numbers going forward. Most BPs hesitate to disclose sales force numbers and MannKind will likely follow suit, IMHO.
I may be wrong.
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Post by sportsrancho on Jan 5, 2017 10:49:50 GMT -5
The answers to these two questions would help give me additional clarity about Mannkind's future. I think the answers would give PB folks some clarity too. If the answer to both of these questions is no, at what point if at all will the answer to these questions be yes? No company with 6 months of cash and facing delisting would hire FTE sales people yet there are many sales and other jobs posted on the career section of Mankind's website. If any of you are friendly with Mike C, perhaps you can shoot him an email. Happy New Year to all of you. Q1 - Has the Touchpoint salesforce that has been selling Afrezza transitioned over to full time Mannkind employees?Q2 - Mannkind has been running ads for additional sales people (AKA: Area Business Managers). Have any of these people been hired and when do they start work?
Ok, I don't know, but I'll guess. By the end of the month the answer to both question will be...Some have:-) |
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Post by saxcmann on Jan 5, 2017 13:05:27 GMT -5
The answers to these two questions would help give me additional clarity about Mannkind's future. I think the answers would give PB folks some clarity too. If the answer to both of these questions is no, at what point if at all will the answer to these questions be yes? No company with 6 months of cash and facing delisting would hire FTE sales people yet there are many sales and other jobs posted on the career section of Mankind's website. If any of you are friendly with Mike C, perhaps you can shoot him an email. Happy New Year to all of you. Q1 - Has the Touchpoint salesforce that has been selling Afrezza transitioned over to full time Mannkind employees?Q2 - Mannkind has been running ads for additional sales people (AKA: Area Business Managers). Have any of these people been hired and when do they start work?
Ok, I don't know, but I'll guess. By the end of the month the answer to both question will be...Some have:-) I have no idea either, but I like your guess. That's my guess too. |
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Post by matt on Jan 5, 2017 16:26:13 GMT -5
I wouldn't expect many Touchpoint salesmen to transition simply because most contract employee agreements have a "no hire" clause that requires payment equivalent to a headhunter's fee to hire away their employee. Headhunters generally get 25-33% of a full year's salary when the employee gets hired, and that may not be a good use of Mannkind's cash.
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Post by kc on Jan 5, 2017 16:44:19 GMT -5
They might have cut a deal with Touch Point up front at a reduced placement fee.
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Post by letitride on Jan 8, 2017 19:01:42 GMT -5
Saw a post on IHUB for a Mannkind management position in New Zealand but no thread for it here anyone care to comment.
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Post by sportsrancho on Jan 8, 2017 19:04:11 GMT -5
Saw a post on IHUB for a Mannkind management position in New Zealand but no thread for it here anyone care to comment. I put it under MNKD on Twitter. Because it was a tweet:-) |
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Post by letitride on Jan 8, 2017 19:11:25 GMT -5
Thanks Sports
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Post by Deleted on Jan 9, 2017 15:31:03 GMT -5
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Post by peppy on Jan 9, 2017 15:37:00 GMT -5
Mannkind working on their own sales force? Scotta and all?
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Post by Deleted on Jan 9, 2017 15:47:20 GMT -5
Mannkind working on their own sales force? Scotta and all? Looks that way. The guy that posted on twitter has been with Mannkind for some time although not sure if originally via Touchpoint or direct hire. I thought a couple of the senior sales managers overseeing reps were Mannkind employees. Nothing on Touchpoint website indicates they are hiring Mannkind sales people. Likely the new hires are MNKD FTEs. Could be some are merely former Touchpoint reps who were selling Afrezza transitioning over to FTEs. Never really know the details but I suspect the new crop coming on board this week and next are mostly if not all new hires who have never sold Afrezza before. We should see a pickup in sales in the next 4-6 weeks. How much and if we can ramp enough to drive SP > $1 remains to be seen. Anyone reach out to Mike C to see if the new Titration pack is currently being used? It was supposed to be ready in Jan. |
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