We do this all the time. We pay them for their time. Sometimes they do conference calls. Sometimes they prepare slide shows.
More Quotes from Jami Rubin:
This is in response to a very challenging environment. I would expect broader cuts to be announced within the sales force, marketing, general and (administration) as well as RD over the longer run.Jami Rubin
My overall feeling is that this group has been massively out of favor for the last four years, but we've actually had a lot of good news in the last couple of months that should bring them into favor.
Jami Rubin
Approximately 50 of the cases are filed in the federal court, where standards for scientific evidence are far more rigorous.
Jami Rubin
Are they going bankrupt No. But they had a string of bad news like I've never seen before. Bad news has become a norm to the company.
Jami Rubin
Though this news is clearly a disappointment, we believe that the damage is largely done and the 10 percent decline in the stock price fully compensates for the approximately 8 percent reduction in the earnings outlook for next year.
Jami Rubin
They're not going to make anything, but neither will they lose anything because they're not selling in those countries anyway. So it's a good public deed on their part, which is why I think most of this is public relations.
Jami Rubin
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