Sep 06, 2023
Business Development and Licensing Manager or Licensing Associate, Life Sciences
- Purdue Research Foundation
- West Lafayette, IN, USA
Full-Time
Business Development
Legal
Job Description
Essential Functions
- Work as part of a multidisciplinary team to assess and estimate the commercial potential of invention disclosures.
- Perform market research, technology valuations, create marketing materials, identify potential licensees, and initiate outreach to engage potential licensees and/or collaborators.
- Work closely with the business development managers and Purdue innovators to develop strategies for the commercialization of Purdue technologies.
- Communicate with industry counterparts, innovators, BD managers and patent attorneys on invention disclosures, marketing and licensing activities, and IP matters.
- Assist life science business development and licensing team with the initiation and execution of licensing agreements from the assigned IP portfolio.
- Develop and present strategies to enable technology transfer of Purdue intellectual property, primarily in areas of life sciences.
- Advise Purdue inventors regarding Purdue intellectual property policies and related technology commercialization issues.
- Draft contract amendments and monitor contract compliance and other aspects of relationships with licensees and collaborators.
Additional Responsibilities
- Monitor and account for budget expenditures associated with all assigned duties.
- Participate in educational development opportunities to gain an in-depth understanding of the technology licensing field.
- Other duties as assigned.
Skills, Knowledge and Expertise
- Knowledge of technology transfer within industry and/or academia preferred.
- Ability to gather information, perform research utilizing databases and other online sources and distill into actionable information.
- Must be able to evaluate the market potential of early-stage inventions in life sciences.
- Basic understanding or willingness to learn contract documents and intellectual property strategy.
- Excellent teamwork organizational, analytical skills, problem-solving, computer, written/verbal communication skills required.
- Ability to juggle multiple tasks and complete projects on a timely basis working both independently as well as in a team environment.
- Familiarity with CRM software such as Salesforce and process optimization tools such as Microsoft Power Automate is a plus.
- Must be comfortable interacting with people from varied disciplines at various leadership levels in an organization and with managing multiple complex projects.
- Must be curious and deeply value exposure to and learning about new technology, concepts, people and organizations.
- Occasional travel required.
- This is not a remote-only position. Although, PRF has flexible work policy, applicants are expected to work on-site when required.
Education/Experience
- Minimum of a Bachelor’s degree in life science; an advanced degree in business a plus.
- Related industry experience highly desirable.
About Purdue Research Foundation
Purdue Research Foundation is an equal opportunity, affirmative action employer. PRF views, evaluates, and treats all persons in all Foundation-related activities solely as individuals on the basis of their own personal abilities, qualifications, and other relevant characteristics. All qualified applicants for employment will receive consideration without regard to race, religion, color, gender, national origin or ancestry, genetic information, marital status, parental status, sexual orientation, gender identity and expression, disability, or status as a veteran.
A criminal conviction check and negative controlled substance test are required for employment in this position.
A criminal conviction check and negative controlled substance test are required for employment in this position.
States
IN
Security Clearance
NO Security Clearance
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Purdue Research Foundation
The Purdue Research Foundation is a private, nonprofit foundation created to advance the mission of Purdue University. Established in 1930, the foundation accepts gifts; administers trusts; funds scholarships and grants; acquires property; protects Purdue's intellectual property; and promotes entrepreneurial activities on behalf of Purdue.
