Life Sciences Strategy and Transactions Consulting

EY-Parthenon Life Sciences Strategy and Transactions Consulting teams help develop and deliver transformative growth, transaction, digital and value-creation strategies. We help pharmaceuticals, MedTech, biopharma and other companies in the life sciences ecosystem build greater financial and operational resilience and technical agility, supporting their future growth and bringing new treatments to patients within an ever-changing landscape.

The team

Photographic portrait of Jens Weng
Jens Weng
EY-Parthenon Global Consumer and Health Leader
Photographic portrait of Abhay Bangi
Abhay Bangi
EY-Parthenon Asean and Singapore Life Sciences and Health Care Leader
Photographic portrait of Ranu Carroll
Ranu Carroll
EY-Parthenon Americas Life Sciences Sector Leader

How Bristol Myers Squibb transformed cash management to fund its future

Discover how EY-Parthenon helped BMS unlock hundreds of millions in free cash flow and earn industry recognition for Treasury transformation. See how a cash-focused culture powers growth and innovation

Read full case study. (via EY.com US)
Featured Thinking

How Bristol Myers Squibb overhauled working capital to fund its future

Gerardo Gonzalez 21 Aug 2025
Multiethnic Diverse Office Conference Room Meeting: Team of Two Creative Entrepreneurs Talk, Discuss Growth Strategy. Stylish Young Businesspeople work on Investment and Marketing Projects.

What the EY-Parthenon Life Sciences Strategy and Transactions Consulting team can do for you

As the life sciences industry transforms in the face of regulatory and geopolitical uncertainty and new ways of developing treatments, EY-Parthenon teams can help you answer some of your most critical questions:

Transformative strategy

  • How should I refine my business strategy to find new avenues for growth while bringing innovative treatments to patients amid an ever-changing life sciences landscape?
  • How can I reimagine my operating model and go-to-market strategy?
  • How can I hone my organization’s strategy to strengthen its operational resilience?
  • How can I leverage cutting-edge technology and therapeutic platforms to discover the next life-saving treatment?

Transformative transactions

  • How can I leverage the ecosystem to scale and reach more patients effectively?
  • What type of transaction, joint venture or alliance will propel our organization’s growth and pair with consumer needs?
  • What is the right strategy to buy, build or partner to help reverse the innovation deficit?

EY-Parthenon Life Sciences Strategy and Transactions Consulting professionals can advise clients on developing transformative growth strategies by providing broad market, competitor and customer insights. But a strategy alone is not enough: We also help organizations execute strategy through real operational change. We help them transform the vision into reality by leveraging strategic, financial and operational perspectives based on deep sector experience and organizational knowledge to help enable execution to address society’s most pressing health problems.

Our focus includes:

EY-Parthenon Life Sciences Strategy and Transactions Consulting team

Jens Weng

EY-Parthenon Global Consumer and Health Leader
Consumer products aficionado. Passionate about large-scale performance transformation and working with diverse teams around the globe. Family man who enjoys skiing and kitesurfing.
Munich, Germany

Abhay Bangi

EY-Parthenon Asean and Singapore Life Sciences and Health Care Leader
Health care strategist. Trusted advisor to business leaders. Technology enthusiast. Creative problem solver. Nature lover and avid sports buff.
Singapore, Singapore

Ranu Carroll

EY-Parthenon Americas Life Sciences Sector Leader
Life sciences sector leader. Strategy and M&A advisor. Avid traveler. Opera enthusiast. Rugby fan. Proud mom of three small humans.
New York, NY, United States

Matt Bartell

EY-Parthenon Americas Strategy and Transactions Technology and AI Leader
Decades of experience in technology and management consulting. Passion for helping clients with complex global transactions.
New York, NY, United States

Sri Prabhakaran

EY-Parthenon US Deal Technology Leader
Driving value through strategic growth initiatives with a focus on digital business transformations. Avid reader. Organic farming enthusiast.
Chicago, IL, United States

Gerardo Gonzalez

Principal, Strategy and Execution, EY-Parthenon, Ernst & Young LLP
Passionate about people. Driving results through cash flow excellence and collaboration.
New York, NY, United States

Evan Sussholz

Partner, EY-Parthenon, Ernst & Young LLP
Global client services partner and experienced transaction advisor who helps clients enhance shareholder value by making better decisions around capital strategy. Dedicated husband and father.
Chicago, IL, United States

Our latest thinking

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EY Firepower report: life sciences dealmaking – trends in 2026

Learn how life sciences organizations can accelerate dealmaking strategies to succeed.

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    EY-Parthenon is a brand under which a number of EY member firms across the globe provide strategy consulting services.