Medical Devices Licensing Manager
Virginia Commonwealth University(VCU)
The Office of the Vice President for Research and Innovation invites candidates to apply for an exciting opportunity as the Medical Device License Manager in the Innovation Gateway Office.
Administrators in this role provide administrative management of one or more functional units, departments, or business units. They are typically responsible for overseeing and coordinating all administrative affairs, with strategic management of daily operations as a primary purpose. The role may have direct and indirect reports. They typically serve as liaisons between internal departments or functional areas in order to achieve operational goals and serve as a resource to lower-level staff. Their decision-making has a significant impact on service delivery and student success.
Administrators work under intermittent supervision, resolving complex issues independently and referring unprecedented issues to a higher level. They typically report to executive or senior leadership. NOTE: The primary purpose of the administrator job is the strategic management of daily operations and not primarily supervision, although the role may have direct and indirect reports.
- Conduct technical, commercial and patentability due diligence, including prior art searches and market analyses for new invention disclosures.
- Prepare non-confidential summaries of invention disclosures for technology marketing.
- Conduct market research to identify potential licensees and/or strategic industry partners.
- Identify prospective licenses and market university inventions and research capabilities to industry contacts, entrepreneurs and investors.
- Draft and negotiate intellectual property related agreements, including licenses, options, inter-institutional, collaborations agreements.
- Develop strategic research interactions and collaborations with regional and national companies to enhance the university’s research enterprise.
- Manage filing and prosecution of patent application with outside counsel.
- Maintain and manage existing agreements, input information and assist with the maintenance of existing invention disclosures and licenses.
- Provide assistance and guidance to VCU researchers and administrators in promoting VCU’s intellectual property, technology commercialization, and start-up creation.
- Assist the Sr. Executive Director as needed and perform other duties as assigned by the Sr. Executive Director.
- Manage and facilitate technology validation and maturation efforts such as proof-of-concept (PoC) applications and grants.
- Develop and implement a strategy to secure state and federal funding for proof-of-concept grants. Assist faculty with proof-of-concept applications and introduction to new funding sources.
- Participate in faculty outreach programs and external marketing efforts of VCU Innovation Gateway to strategic industry partners. Facilitate industry engagements efforts with regional and national companies. Identify strategic industry partners and organize campus visits and reverse pitches to appropriate faculty groups.
Experience and Qualifications
- Ph.D. or other advanced degree in the life sciences or engineering.
- At least three years of prior experience in academic or industry technology commercialization in areas related to medical devices (preferred), bioscience and biotechnology.
- Hands-on experience of managing relationships with licensees, negotiating agreements and contract amendments, and addressing contract compliance matters and other aspects of relationships with licensees.
- Working knowledge of contract, intellectual property and patent law is required.
- Experience in developing commercial product scenarios for early-stage inventions.
- Evaluating patent landscape and market potential for projected products and developing commercialization strategies.
- Experience in project management and marketing of early-stage university technologies.
- Ability to process multiple projects and triage activities and to work with outside patent counsels to file patent applications.
- Excellent time management and prioritization skills and the ability to manage a large portfolio of cases independently.
- Superb judgment and interpersonal skills are essential to communicate with diverse constituents.
- Outstanding writing and oral communication, planning and organizational skills are also required.
- The candidate should have demonstrated experience working in and fostering a diverse faculty, staff, and student environment or commitment to do so as a staff member at VCU.
- MBA in the life sciences or engineering.