Supposedly, Lanx is looking to hire 29 direct sales people for the East, and at least a dozen new sales people in the West with a starting salary of $60K per year. The word on the street is that a former "Medtronic Robot" has taken over the helm. Obviously changes are in effect because the once cryptic Lanx Spine website has entered the nebulous world of neverland on the internet. Oh when will we see them Lanx products Mr. Goldman?
Lanx is known for one product and one product only, the ASPEN. Lanx was budgeted for $80 million in revenue for '09. In all likelihood they are going to finish at an estimated $60-65 million, considering that Aspen accounts for roughly 66% of their revenue. The other products are "me too." Obviously, Lanx is recruiting sales people asking the usually questions; "How much business can you bring us in a certain period of time?" "How many surgeons do you know?
"Are any interested in being consultants?" Now that the founders are gone maybe the new management team will start paying back some of the vendors that they have "stiffed" in the past.
TSB wants to know what our readers have heard on the street? Lanx, No Thanx!