In lat­est can­cer deal, Bris­tol My­ers Squib­b's new BD chief bets $65M in search for more tar­gets like PARP

Eliz­a­beth Mi­ly, the new chief of the strat­e­gy and busi­ness de­vel­op­ment group at Bris­tol My­ers Squibb, has struck her first high-pro­file col­lab­o­ra­tion since suc­ceed­ing Paul Bion­di. In putting down $65 mil­lion up­front, she’s al­so sig­nal­ing where the phar­ma gi­ant — with a new­ly-con­sol­i­dat­ed pipeline fea­tur­ing a slate of on­col­o­gy and hema­tol­ogy drugs from Cel­gene — is head­ed for the next wave of can­cer ther­a­pies.

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