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Ajay Dhankhar

Senior Partner, New Jersey
Spurs organizations to greater R&D productivity and value creation; experienced in value-creating mergers, acquisitions and joint ventures, large post-merger integrations, and emerging market strategies

About Ajay

With a background in computer science and a PhD in biochemistry, Ajay leads our work with pharmaceutical and medical products companies on R&D. He has helped leading healthcare companies across North America, Europe, and Asia increase R&D productivity by applying rigorous discipline, performance management and creativity. Ajay has also worked closely with clients to forge value-creating mergers, acquisitions and joint ventures, including management of large post-merger integrations. He has helped clients drive growth in emerging markets, create corporate and business-unit strategies, assess technologies, and achieve step-change improvements in pricing and sales-force effectiveness.

Published work

A new prescription for M&A in pharma,” McKinsey & Company, September 2020

Expanding horizons for risk management in pharma,” McKinsey & Company, May 2018

Escaping the sword of Damocles: Toward a new future for pharmaceutical R&D” (PDF–1.76 MB), McKinsey, 2012

Managing the health of early-stage discovery,” Nature Reviews Drug Discovery, March 2011

Ajay has also published extensively in other journals and magazines, including Silicon India and the Proceedings of the National Academy of Sciences of the United States of America (PNAS)

Past experience

Yale University
Teaching Fellow, Biochemistry Department


Yale University
PhD in molecular biophysics and biochemistry

Yale University
MPhil in molecular biophysics and biochemistry

Angelo State University
BS in physics and computer science