Associate, Business Development and Licensing Job at Mass General Brigham(PHS)
Associate, Business Development and Licensing
- (3230951)About Us
As a not-for-profit organization, Mass General Brigham is committed to supporting patient care, research, teaching, and service to the community by leading innovation across our system. Founded by Brigham and Women’s Hospital and Massachusetts General Hospital, Mass General Brigham supports a complete continuum of care including community and specialty hospitals, a managed care organization, a physician network, community health centers, home care and other health-related entities. Several of our hospitals are teaching affiliates of Harvard Medical School, and our system is a national leader in biomedical research.
We’re focused on a people-first culture for our system’s patients and our professional family. That’s why we provide our employees with more ways to achieve their potential. Mass General Brigham is committed to aligning our employees’ personal aspirations with projects that match their capabilities and creating a culture that empowers our managers to become trusted mentors. We support each member of our team to own their personal development—and we recognize success at every step.
Our employees use the Mass General Brigham values to govern decisions, actions and behaviors. These values guide how we get our work done: Patients, Affordability, Accountability & Service Commitment, Decisiveness, Innovation & Thoughtful Risk; and how we treat each other: Diversity & Inclusion, Integrity & Respect, Learning, Continuous Improvement & Personal Growth, Teamwork & Collaboration.
General Overview
Innovation is a 140 person Mass General Brigham business development unit responsible for the worldwide commercial application of the breakthroughs and outstanding capabilities of MGB’s 82,000 employees and Harvard faculty. It drives revenue generation and patient benefit through industry collaborations, investing, company creation, licensing, and innovation management for MGB’s Harvard Medical School appointed faculty and hospitals including its core Harvard affiliates - Brigham and Women’s Hospital, Massachusetts General Hospital, Massachusetts Eye and Ear and McLean Hospital.
Within the Innovation function, the Business Development and Licensing team leads a significant portfolio of medical innovations, driving business development activities, commercial assessment of early stage inventions, and management of intellectual property. The Business Development and Licensing group has an impressive track record of identifying, crafting and implementing deals to drive commercialization of Mass General Brigham discoveries and innovations through strategic engagement with industry executives, investors and Mass General Brigham’s innovators.
Principal Duties and Responsibilities
The Business Development and Licensing Associate is a 2-year hands-on training opportunity for an individual with a strong science /technology background and curiosity about academic deal-making to assist with the commercialization of ground-breaking medical innovations. As an integral member of the Business Development and Licensing team, the Associate will gain experience in technology assessment and deal-making in a team-based, cross-functional environment.
Overall Responsibilities
- Works closely with leading Mass General Brigham clinicians, investigators, and innovators in assigned domains of disease and or therapeutic modality.
- Conducts assessments of commercial market, unmet need, patentability and stage of development on early stage medical innovations.
- Assists with management of intellectual property portfolios and licensing agreements.
- Assists with structuring, drafting and negotiation of intellectual property agreements.
Qualifications
- PhD with strong curiosity about the translation of early-stage healthcare innovations, or
- Master’s degree in business, law or sciences with a minimum of 1 year of directly relevant business development, licensing, IP management, technology commercialization or deal making experience.
- Curiosity with deep interest in learning about new technology, invention and deal process.
- Highly organized with ability to prioritize effectively and concurrently lead multiple opportunities and relationships with contending timelines.
- Outstanding verbal, writing, presentation and analytical skills.
Skills, Abilities, and Competencies
Invention Assessment
- Assists team members in the assessment of commercial potential, translational readiness, and value of early-stage inventions.
Deal-Making
- Guided by senior team members, develops commercialization strategies to optimize the commercial impact of Mass General Brigham discoveries, including identification and engagement of potential licensees, investors, and collaborators.
- Leads internal due diligence of commercialization pathways and potential licensees.
- Contributes to structuring, drafting, and negotiation of agreements.
Portfolio Management
- Assists senior team members with the management of existing licensees.
- Supports internal processes across the Business Development and Licensing team to deliver robust, well-vetted IP portfolios.
Leadership
- Credibly represents and positions Mass General Brigham in collaborative interactions. Uses scientific expertise to gain the confidence, trust, and respect of clinicians, scientists, investors, industry representatives, entrepreneurs, and administrators.
Mass General Brigham is an Equal Opportunity Employer. By embracing diverse skills, perspectives and ideas, we choose to lead. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
Primary Location MA-Cambridge-MGB Innovation
Work Locations MGB Innovation One Main Street Suite 501 (5th floor) Cambridge 02142
Job Professional/Managerial
Organization Mass General Brigham(PHS)
Schedule Full-time
Standard Hours 40
Shift Day Job
Employee Status Regular
Recruiting Department MGB Innovation
Job Posting Jan 31, 2023
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