Affymax

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8 Employee Reviews (View Most Recent)

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Future for Affymax after Hematide is murky

Research Associate IV (Former Employee) Palo Alto, CA (US)

ProsIt has a peptide drug for anemia that is likely to be approved by the FDA. The drug has efficacy, low cost of goods, and is a good candidate for Medicare preference for the treatment of anemia for the dialysis patient population. The safety profile and monthly administration of the drug is a big advantage over the currently marketed drugs for anemia.

ConsNo more research for new targets for new drugs in the pipeline. All work was focused on the one drug; what is next? Unless a new target is identified, there isn't much for people at Affymax to do. They already laid off 95% of the researchers, so all that history and expertise is gone. It seems to be solely focused on getting Hematide through the trials, and now that they are ready to submit data to the FDA, what happens to anyone who isn't in sales and marketing?

Advice to Senior ManagementSell the company to Takeda and make some money for the stockholders, or start up R&D again. The latest worry about cardiovascular effects really caused the stock to tank. Can it be explained, or are there changes that can be made in the administration of Hematide that would ameliorate that effect? Try some positive spin in the marketing approach.

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    Great place to work, but didn't focus enough on pipeline for future

    Affymax (Former Employee) Palo Alto, CA (US)

    I worked at Affymax as a contractor for less than a year

    Pros: great co-workers and management. also great culture and work/life balance Cons: no investment in R&D for future pipeline Advice to Senior Management: focus on the pipeline in the future Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company… More

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good collaboration between departments, good benefits and bonuses.

    Anonymous Employee (Former Employee) Palo Alto, CA (US)

    I worked at Affymax full-time for more than 8 years

    Pros: Smart, intellectual workers, informative senior management from CEO to Director… Cons: One product company, with no prospective pipeline. Lost good people during commercial product failure.… Advice to Senior Management: Have better clinical folks that can interpret patient data Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More

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