Free Newsletter
| Get the pharma industry's daily monitor, with a special focus on pharmaceutical company news and the market development of FDA approved products. Sign up for free today! |
Merck outsources sales force
What to do when you're suddenly 1,200 sales reps down? Bring in the contractors. That's what Merck is doing in the wake of laying off some 15 percent of its sales force. The company has inked a deal with inVentiv Health, a sales-and-marketing firm, to take over some detail work. "[R]ather than recruit, hire, or keep full-time representatives on the books, we're creating a more flexible approach," so that the company can shrink or grow its sales force at will, a company spokeswoman told Dow Jones.
The company won't say how many inVentiv reps will be involved or which products they'll be dispatched to promote, only that neither vaccines nor drugs for cancer, eye problems or dermatology uses would be involved. Dow Jones speculates that inVentiv might handle big primary-care meds such as Singulair, the allergy drug and/or blood pressure pills such as Cozaar.
- read the Wall Street Journal Health Blog post
- check out the article from Dow Jones
Related Articles:
Ranks of sales reps thinning
Merck to cut 1,200 sales reps
Pharma sales undergoes major shift
Sanofi confirms sales rep layoffs
J&J laying off 400 in marketing overhaul
Comments
Post new comment
Paid Research Reports
- RNA therapy: the next big thing after monoclonal antibodies?
- Biotech M&A Strategies: Deal assessments, trends and future prospects
- The Dermatology Market Outlook to 2013: Competitive landscape, pipeline analysis and growth opportunities
- Pipeline Insight: Cancer Overview - Breast, Gynecological, Genitourinary - Diverse drugs approaching the market for many tumor t
- Sales Force Effectiveness


