Team Case - WordPress.com · Mylan Leadership Mylan Pharmaceu8cals is an organiza8on that has...

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Team Case Leadership Financial Sustainability Communication GREEN TEAM BRITTANY THEILMAN KELLY PAULINELLI KYLE SCOTT REBEKAH WEST SAMUEL DERGE TRICIA ROBISON Photo Cred -www.1011now.com

Transcript of Team Case - WordPress.com · Mylan Leadership Mylan Pharmaceu8cals is an organiza8on that has...

Page 1: Team Case - WordPress.com · Mylan Leadership Mylan Pharmaceu8cals is an organiza8on that has mul8ple levels of leadership. CEO, President, Board of Directors, and a Board of

Team Case Leadership

Financial Sustainability Communication

GREEN TEAM

BRITTANY THEILMAN

KELLY PAULINELLI

KYLE SCOTT

REBEKAH WEST

SAMUEL DERGE

TRICIA ROBISON

Photo Cred -www.1011now.com

Page 2: Team Case - WordPress.com · Mylan Leadership Mylan Pharmaceu8cals is an organiza8on that has mul8ple levels of leadership. CEO, President, Board of Directors, and a Board of

Mylan Leadership

▪  Mylan Pharmaceu8cals is an organiza8on that has mul8ple levels of leadership. CEO, President, Board of Directors, and a Board of CommiEee.

▪  Heather Bresch-CEO since 2012

▪  Rajiv Malik-President

▪  Board of Directors-Each director is elected by the company’s shareholders

▪  There are eight separate commiEees under the board of directors that have specific areas of interest

Chief Legal

Officer

CEO Heather Bresch

President Rajiv Malik

Chief Commercial

Officer 

Chief Financial

officer

Audit Committee

Compensation Committee

Compliance Committee

Executive Committee

Finance Committee

Governance & Nominating Committee

Risk Oversight Committee

Science & Technology Committee

2 Kelly

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Leadership Beliefs

▪  Mylan’s culture and behavior is reflected as posi8ve and helpful to people in need

▪  Mylan leadership is one that believes in empowering it’s employees

▪  Follows rules and conduct set forth by company

▪  Believe in providing medica8on to people worldwide and pride themselves on that

▪  Mylan believes that they had no choice but to raise the cost of the EpiPen

▪  Wants aEen8on to be on the health care crisis

▪  No effort to lower the cost

▪  Only offered to provide savings cards for people who qualify for them

3 Kelly

Photo Cred - hEp://www.mylan.com

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Communication and Leadership Relationship

Communication competence is a prerequisite for effective leadership

▪  Shortage

ü Extend expira8on dates

▪  Viola8ons

ü Increase produc8on

ü Expedite shipment

▪  Recalls

▪  Overcharging

ü Other subs8tu8ons

ü Rebates and discounts

“It’s so frustra8ng”

“Why is this happening?”

“What’s going to happen in the future?”

“Supplies are inconsistent and inadequate”

“It’s one thing a^er another”

“It feel like we’re being taken advantage of”

“This is my daughter’s life!”

Tricia & Kyle

Quotes from WSJ “EpiPen Shortage Hits Back-to-School Season”

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Financial Sustainability Impact

400-percent increase in the company’s life-saving allergy

injector Ø EpiPen Auto-Injector, dropped as

much as 9% after the company fell short of analysts’ estimates on sales and profit  

Analysts had expected $2.96 billion in revenue in 2018 Ø Revenue in the latest period sank 5%

to $2.81 billion, driven by steep declines in North America

“Drugmaker’s revenue fell 5% in the latest quarter, driven by steep declines in North America” Nishant Mohan - WSJ

5 Brittany & Bekah

2018

Source: Market Data Group

Page 6: Team Case - WordPress.com · Mylan Leadership Mylan Pharmaceu8cals is an organiza8on that has mul8ple levels of leadership. CEO, President, Board of Directors, and a Board of

Financial Sustainability

MylanacquiredMerck’sEpiPenand90%ofthe

marketMylanBeginstoraisethepriceofEpiPen

Pricegougingoutragebecomes

mainstream

MylanintroducesgenericEpiPenat50%discount

Pricegougingoutrage

MylanintroducesgenericEpiPenat50%discount

Sam

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Financial Summary

Sam

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Works Cited Mohan, Nishant. “Mylan to Re-Evaluate Strategy as Sales in North America Continue Sliding.” The Wall

Street Journal, Dow Jones & Company, 8 Aug. 2018, www.wsj.com/articles/mylan-to-re- evaluate- strategy-as-sales-in-north-america-continue-sliding-1533737399.

“MYL Financials| Mylan N.V. Stock.” Yahoo! Finance, Yahoo!, 12 Oct. 2018, finance.yahoo.com/quote/MYL/financials?p=MYL.

“MYL Interactive Chart | Mylan N.V. Stock.” Yahoo! Finance, Yahoo!, 12 Oct. 2018, finance.yahoo.com/quote

“Mylan Worldwide.” Mylan: Seeing Is Believing, www.mylan.com/en/company/corporate-governance. Parker-Pope, Tara, and Rachel Peachman. “EpiPen Price Rise Sparks Concern for Allergy Sufferers.” The New York

Times, The New York Times, 22 Aug. 2016, well.blogs.nytimes.com/2016/08/22/epipen-price-rise- sparks-concern-for-allergy-sufferers/?_r=1.

Ramsey, Lydia. “The $300 Generic EpiPen Is Here.” Business Insider, Business Insider, 16 Dec. 2016, www.businessinsider.com/mylan-launches-authorized-generic-epipen-for-300-2016-12

The Editorial Board. “A Shot of Competition for EpiPen.” The Wall Street Journal, Dow Jones & Company, 19 Aug. 2018, https://www.wsj.com/articles/a-shot-of-competition-for-epipen- 1534716945?

mod=searchresults&page=1&pos=6

Walker, Joseph. “EpiPen Shortage Hits Back-to-School Season.” The Wall Street Journal, Dow Jones & Company, 25 Aug. 2018, https://www.wsj.com/articles/epipen-shortage-hits-back-to-school- season-1535202001?mod=searchresults&page=1&pos=5

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