Having completed a BSc (Hons) in Chemistry from Leeds University in 1990, Ray moved to the University of Manchester from where he gained a PhD in Chemistry in 1994. He then spent a year at McGill University, Montreal, Canada as a post-doctoral fellow before entering the pharmaceutical industry as a Senior Scientist with Zeneca in Pharmaceutical R&D’s Technology Access and Strategic Alliances team, of which he later became Team Leader in 1998.
Following the merger with Astra, he became a Global Manager in the Discovery and Development function, in-licensing technologies and working on the development of a range of molecules, including those in oncology, cardiovascular, respiratory and inflammatory disease areas. During this period he graduated from Manchester Business School with an MBA (with distinction) and moved into the Business Development function, first as a Senior Business Analyst before his appointment as Director of Corporate Development, reporting into AstraZeneca’s London HQ. In this role he was involved in a number of transactions and was part of the team responsible for shaping AZ’s strategy with the Board, including its move into biologics. In 2004, he stepped into a Regional commercial leadership role in Brussels covering 14 countries in Central and Eastern Europe and Russia.
After 10 years with AstraZeneca, Ray moved into the biotech sector working in senior business development roles for Microscience Limited and Emergent Solutions Inc. (EBS). During this period Ray out-licensed a portfolio of Meningitis B assets to Sanofi and was involved with the team that successfully listed EBS on NASDAQ. Ray then spent five years running his own business (BD Solutions Limited) focused upon advising and aiding clients on corporate development and commercialisation projects. During this period he was CEO of Asterion Ltd, and delivered deals with Genzyme Inc. and Ipsen.
In 2010, he joined Crucell NV and was instrumental in the sale to Johnson & Johnson for whom he worked on a wide range of infectious disease and vaccine deals, before joining Amgen in 2012. In his role as Executive Director of Corporate Development at Amgen he has completed numerous deals including immuno-oncology deals with Boehringer Ingelheim and Genenta, international commercial deals with GSK and Mitsubishi Tanabe as well as playing a key part in the acquisition of Onyx Pharmaceuticals Inc. and Dezima Pharma BV.