Executive Director, External Insight & Innovation, Drug Development

Bristol Myers Squibb • Princeton, NJ

2d

About The Position

Challenging. Meaningful. Life-changing. Those aren’t words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams. Take your career farther than you thought possible. Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us. The Executive Director, External Insight and Innovation will lead business development and external innovation strategy development and prioritization of external investments across Oncology, Hematology/Cell Therapy, Cardiovascular Disease, Immunology, and Neuroscience for drug development. This role will be responsible for developing data-driven objective frameworks to drive decisions on external investments connected to disease area, therapeutic area and enterprise strategy. This role is accountable for developing and executing strategies to expand drug development effort into priority markets such as China. Additionally, this role will ensure external and competitive insight is incorporated into all disease strategies. This role drives enterprise portfolio value creation by guiding external investments and implementing cost efficient strategies to accelerate cycle times through external innovation and geographic expansion.

Requirements

• Degree in Life Sciences or Business Management, and/or advanced degree in related discipline preferred (e.g., MBA, MS, MD, PhD, Pharm D)
• Minimum 10 years of experience in Drug Development, Business development, or Strategic Planning in a global biopharmaceutical environment
• Proven track record of leading business development strategy and external investment decisions for drug development
• Strong stakeholder management skills, including strategic cross-functional relationship building, project management, and the ability to influence decisions across all stakeholders including senior leadership and matrix teams
• In-depth understanding of the pharmaceutical value chain, including R&D, regulatory requirements, knowledge of the competitive landscape, and market dynamics

Responsibilities

• Design, monitoring, analysis, and interpretation of clinical trials.
• Accountable for clinical components of regulatory filings.
• Contributes to disease-specific and franchise-wide strategy.
• Develops clinical strategies beyond launch into lifecycle management.
• Leads and develop a team, ensuring scientific and technical excellence.
• Collaborates with global colleagues across functions and build external relationships with thought leaders and advocacy groups.
• Ensures seamless transition from early to late-stage development.
• Participate in governance.
• Lead the development of business development & external innovation strategy for drug development, integrating external insights, competitive intelligence, and disease area strategies to align with enterprise portfolio objectives
• Design and implement a rigorous, data-driven decision framework to evaluate business development opportunities, ensuring disciplined investment decisions that maximize portfolio value
• Develop and oversee a consistent, best-in-class approach to due diligence across business development opportunities for drug development, ensuring thorough assessment and risk mitigation
• Drive alignment and collaboration with key stakeholders including enterprise Business Development, Drug Development Portfolio Strategy, Therapeutic Area Development and Commercial teams (RDC) to integrate external investment strategies with therapeutic area strategies consistent with enterprise goals, and embed decision making frameworks
• Create and execute a comprehensive China Strategy that identifies external innovation opportunities and optimizes internal development capabilities in China to accelerate timelines and reduce development costs in close partnership with VP, Head of China R&D and SVP, Head of Early Clinical Development
• Serve as a strategic advisor to senior leadership on external innovation and business development decisions, providing data-driven insights and recommendations

Benefits

• Health Coverage: Medical, pharmacy, dental, and vision care.
• Wellbeing Support: Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP).
• Financial Well-being and Protection: 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support.
• Work-life benefits include: Paid Time Off US Exempt Employees: flexible time off (unlimited, with manager approval, 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees) Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees: 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays Based on eligibility, additional time off for employees may include unlimited paid sick time, up to 2 paid volunteer days per year, summer hours flexibility, leaves of absence for medical, personal, parental, caregiver, bereavement, and military needs and an annual Global Shutdown between Christmas and New Years Day. All global employees full and part-time who are actively employed at and paid directly by BMS at the end of the calendar year are eligible to take advantage of the Global Shutdown.
• Eligibility Disclosure: The summer hours program is for United States (U.S.) office-based employees due to the unique nature of their work. Summer hours are generally not available for field sales and manufacturing operations and may also be limited for the capability centers. Employees in remote-by-design or lab-based roles may be eligible for summer hours, depending on the nature of their work, and should discuss eligibility with their manager. Employees covered under a collective bargaining agreement should consult that document to determine if they are eligible. Contractors, leased workers and other service providers are not eligible to participate in the program.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees