2.0
30 July 2012
Lanx is in a declining position in a slow growth market
Current employee, more than 1 year
Broomfield, CO
Recommend
CEO approval
Business outlook
Pros
Great technology team / leadership focused on patient-centric development. That's about it unfortunately.
Cons
1. Constantly dealing with the legal process, royalties/payouts/loses increasing. 2. Poor Senior Management team - if you really look at this team, the CEO has no experience with a company like this or in this market. The Finance VP is outmatched against stronger peers and the company is in a constant flux of turnover (Poor HR Management). 3 Strikes.... 3. The talent does not exist today to take the company public, so the only exit strategy is acquisition by a larger entity.