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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
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
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
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”
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
Financial Sustainability
MylanacquiredMerck’sEpiPenand90%ofthe
marketMylanBeginstoraisethepriceofEpiPen
Pricegougingoutragebecomes
mainstream
MylanintroducesgenericEpiPenat50%discount
Pricegougingoutrage
MylanintroducesgenericEpiPenat50%discount
Sam
Financial Summary
Sam
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
8
Thank you!