Our alliance management team focuses on what is best for the asset. Members of this group are experienced business people whose primary role is to “shadow” the development and commercial relationship, build and maintain alignment and keep the asset moving forward.
Alliance management directs partnership governance, which includes representatives from Bristol-Myers Squibb and the partner company, to make joint decisions and implement them smoothly and transparently. The alliance group also is responsible for conflict resolution and will quickly and effectively resolve difficult issues, keeping the partnering process and the asset moving forward. As a result of alliance management’s expertise in this area, other members of the team are free to focus their full attention on their role in implementation or on development, registration, manufacturing and commercialization.
From the moment a partnership begins, there are continuous opportunities for communication and information sharing, including routine contact with partners and regular contact with key stakeholders at Bristol-Myers Squibb, including the commercial, clinical, regulatory and manufacturing groups. To further strengthen communication, we use technology such as extranet websites for data sharing and exchange.
In short, our process represents an unparalleled commitment to maximizing the asset as well as the relationship.
The Bristol-Myers Squibb Alliance Management Function