Business Development Director
3 weeks ago
The Business Development Director will oversee the management of a portion of the University's intellectual property portfolio, with the goal of transferring it to commercial companies for the benefit of society. This role will involve handling complex license agreements, a large portfolio of IP for active faculty, and training and mentoring licensing associates and trainees. The successful candidate will be responsible for directing high-profile initiatives and contributing to outreach to potential and existing inventors.
Key Responsibilities
- Oversee licensing associates in assigning tasks to invention disclosure assessment and reassessments, and work with them on marketing activities, as well as provide training, mentoring, and evaluation of Technology Transfer Trainees.
- Work with legal counsel to protect intellectual property through patenting or other proper tactics for assigned portfolio, and work directly with patent coordinator and internal legal counsel on patent costs and filing tactics with outside patent law firms.
- Work with the marketing function to market top-tier technologies.
- Maintain and build relationships with industry contacts as licensees and/or potential licensees.
- Manage IP portfolio and decisions on future license potential.
- Negotiate key terms and execute complex license agreements with established companies and start-ups.
- Manage a large and complex portfolio of existing licenses with respect to technology development, milestones, and non-financial terms of the licensees.
- Direct high-profile initiatives as identified by department.
- Communicate with and educate investigators, researchers, and students, as well as departments and schools, to better understand the potential for inventions from research done at WU.
- Advanced degree, MS or PhD, in the life/biological science, medicine, biomedical engineering, engineering, or physical sciences.
- Ten years of working experience in a university technology transfer office or in commercial development within the private sector.
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