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:

You give high priority to hiring firms with prestige. Market reputation and prestige of a firm may be determined through on-line research, and conversations with individuals working in your target industry. Note that firms "in the public eye" receive a great deal more critical publicity and attention than those operating with more anonymity. So as you assess your employment opportunities, be sure to seek out the positive aspects of the firm's reputation in addition to noting negative publicity the company may have received.

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: