Amgen Work Values

Daily Duties at Amgen:

Within his role as Intern, Corporate Development & Strategy, Michael evaluated financial and strategic implications for several potential M&A transactions. He assessed strategic alternatives for divestiture of de-prioritized pre-clinical assets. Furthermore, Michael has triangulated valuation based on comparable multiples of recent transactions, anticipated target venture returns and discounted cash flow analysis for company exploring potential partnerships for new applications for existing products. Few core functional areas include: • Identified and evaluated comparable ventures for major biotechnology company interested in monetizing a base of de-prioritized assets through partnership with private equity and spin-out. o Venture financing for new entity has exceeded $180 Million, with new series C ($49.7 Million) recently announced o Created presentation for CEO and made recommendations to pursue strategy based on positive outcomes of comparable ventures. o Company successfully spun out assets as a new corporate entity (Relypsa). Lead product is currently in Phase II clinical studies for hyperkalemia. • Conducted competitive market analysis on publicly-traded, U.S.-based oncology company with $250 M in sales. o Prepared financial analysis and valuation. Discussed key market assumptions with Wall Street analysts. o Developed presentation for CFO and made recommendation based on financial and strategic objectives o Company subsequently acquired in Q3’07 for $2.9 Billion

What they like about Amgen:

Working in an organization that is technologically advanced, creative, and innovative is critical in your assessment of hiring companies. Less important to you are stability of the organization, the length of time an organization has been in business, and the business' plans for the future. You prefer a fast-moving company that will take risks to achieve its goals and objectives. The length of time the company has been in business is irrelevant. Maintaining status quo is unnecessary. You thrive on change, uncertainty and the upside of potential business risks, especially those associated with innovation. Stability for the long haul is not nearly as important as is working in an atmosphere that is charged with a sense of urgency and constant change.

Tags

Product Development, Consulting, Market Research, Research, Benefits, C Programming Language, Documentation, Forecasting, Health Care Industry, Licensing, pharmaceutical

Skills

Forecasting, Market Research, Business Process Improvement, Biotechnology, Business Development, Business Strategy, Medical Devices, Life Sciences, Competitive Analysis , Pharmaceutical Industry , Product Launch , Mergers & Acquisitions, Data Analysis, Licensing, Project Management, Product Marketing , Strategic Planning

These are some of the questions we asked our climbers about their experiences with Amgen: