Associate Director, Business Development, Corporate Development Transactions - China at Bristol-Myers Squibb

Shanghai, China

Bristol-Myers Squibb Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Biotechnology, PharmaceuticalsIndustries

Requirements

  • Minimum education of a bachelor's degree; MBA, JD or other advanced business degree preferred
  • Minimum of five (5) to ten (10) years of business experience within the life sciences industry, business/corporate development, strategy, finance, investment banking, or management consulting
  • Experience in various biopharmaceutical Corporate Development transactions (M&A, divestitures, out licenses, etc.) and strategy
  • Ability to analyze and understand sales forecasts, P&Ls, risk analyses, and company valuations; strong understanding of discounted cash flow, net present value, internal rates of return and risk analysis techniques
  • Able to collect and integrate key business and scientific points across therapeutic areas into M&A target monitoring, evaluation and valuation
  • Proven ability to manage multiple projects efficiently and independently with supervision of Business Development leader

Responsibilities

  • Support key strategic Corporate Development efforts in the China market; 80% dedicated to global strategic efforts, 20% dedicated to China 2030 strategy
  • Support strategic evaluations and sourcing in how we leverage China’s biotech ecosystem to source innovation for BMS globally, providing points of view on sourced innovative assets in China, with the ability to present to the most senior BMS stakeholders
  • Demonstrate business acumen while collaborating closely with global Business Development Search and Evaluation (S&E), R&D, Finance, and Commercial stakeholders as well as external advisors
  • Facilitate and support active monitoring and surveillance work on a broad set of Corporate Development for global and China priorities
  • Support pre-transaction triage, diligence, evaluation, and tracking of Corporate Development and licensing opportunities (M&A, externalizations, and divestitures) working closely with our internal team and other key stakeholders
  • Support the Corporate Development deal process: Support project team interactions with functional representatives, including those from third parties (i.e. bankers, lawyers, accountants, and consultants, etc.)
  • Lead and manage the development, drafting, and execution of project team deliverables and recommendations
  • Ensure robustness of the overall Corporate Development process and complete deliverables under time-sensitive deadlines
  • Participate in the successful structuring, negotiation, and execution of Corporate Development transactions with supervision to successful completion
  • Support the delivery of business assessments and recommendations of Corporate Development opportunities including deal proposals, valuation, deal status, and key issues of the transaction to BMS governance bodies for endorsement
  • Collaborate with a broad range of BMS functions, including coordinating with internal stakeholders / external counterparts to ensure smooth execution and working with Transaction Legal on contracts
  • Responsible for coordinating team meetings, preparing agendas, and minutes for various BD related M&A teams as needed

Skills

Business Development
Corporate Development
M&A
Strategic Evaluation
Due Diligence
Deal Negotiation
Biotech Ecosystem
Stakeholder Management
R&D Collaboration
Finance Collaboration
Commercial Strategy
Market Surveillance
Licensing Agreements
Transaction Triage
Innovation Sourcing

Bristol-Myers Squibb

Develops and delivers biopharmaceutical medicines

About Bristol-Myers Squibb

Bristol Myers Squibb (BMS) develops and delivers medicines aimed at treating serious diseases, focusing on areas like cancer, autoimmune diseases, and heart conditions. The company conducts extensive research and development to create new drugs, which are sold after receiving regulatory approval. BMS also produces generic drugs, offering affordable alternatives that meet the same quality standards as their branded counterparts. What sets BMS apart from competitors is its dual focus on both innovative and generic medicines, enhancing access to healthcare. The company's goal is to improve patient outcomes while maintaining a commitment to sustainability and corporate responsibility.

New York City, New YorkHeadquarters
1887Year Founded
$33,706.1MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
10,001+Employees

Benefits

Flexible Work Hours
Hybrid Work Options
Professional Development Budget

Risks

Increased competition in oncology from emerging biotech firms like ArsenalBio.
BMS's lawsuit over the 340B Drug Pricing Program may lead to regulatory challenges.
Rapid AI and digital tech evolution may pose integration challenges for BMS.

Differentiation

BMS focuses on innovative cancer treatments through collaborations like ArsenalBio for T cell therapies.
The company emphasizes digital health technologies, enhancing clinical trial management and patient engagement.
BMS offers both innovative and generic medicines, increasing affordable healthcare solutions.

Upsides

BMS's partnership with Medidata enhances clinical research processes and patient outcomes.
The collaboration with AI Proteins advances novel miniprotein-based therapeutics, expanding therapeutic modalities.
BMS's global license agreement with BioArctic expands its portfolio in neurodegenerative diseases.

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