Licensing Manager TIDO
Boston Children's Hospital
Works with Children's research and clinical faculty to assess and market innovation arising from their research; negotiates the transfer of Children's innovations technology to corporate partners for product development. Manages portfolio of intellectual property and works with outside patent counsel; makes considered investments in BCH patents/patent applications. Negotiates industrial sponsored research projects. Develops commercialization strategies for Children's intellectual property assets and negotiates complex arrangements for commercialization of those assets. Excellent communication with both internal and external stakeholders. Prioritizes multiple and competing projects. Key Responsibilities:
- Receives, processes and organizes innovations from multiple departments/programs at BCH. Analyzes research support; discerns consequences to innovations of such support.
- Assesses commercial potential of a technology and conducts a standard evaluation focused on: strength of IP, stage of technology, market potential and other tangible/intangible attributes.
- Works with outside patent counsel and coordinates activities with internal Operations Group on a portfolio of patents/patent applications; communicates IP issues to Department Chiefs and researches in a convincing manner, leading to go/no go decisions in order to be a good steward of BCH resources.
- Provides excellent service to faculty and is an ambassador for the office within hospital. Manages complex relationships with faculty, with minimal support from supervisor.
- With minimal support from supervisor, evaluates relative value of intellectual property and to value such intellectual property in transactions with corporate partners.
- Negotiates, drafts and manages simple agreements (NDAs, MoUs, IIAs); communicates issues to researchers and third parties; negotiates these agreements independently; works closely and cooperatively with TIDO's Contracts Group. Complex Agreements: Develops business strategy and negotiating terms for Term Sheets, Options, Sponsored Research Agreements and Non-exclusive and Exclusive Licenses with minimal supervision by senior management; works closely and cooperatively with TIDO's Contracts Group.
- Communicates professionally and works in an environment with multiple stakeholders. Manages complex situations with guidance from senior management. Start-Up Companies: Manages complex relationships, both internal and external, as it relates to faculty-initiated start-up companies; works with Conflict of Interest Officer, Office of General Counsel and other relevant groups at BCH; has basic understanding of equity-based licenses.
- With assistance from senior management, develops commercialization plans for major assets in an IP portfolio; including documenting the process by which a new product or service may be introduced into the market, taking into account the developmental needs of the technology, production requirements, financial projections, market analysis and other factors required to achieve commercial success.
Education:
- M.S. degree or higher in a science-related field.
- 3-5 years of relevant experience preferred.
The posted pay range is Boston Children's reasonable and good-faith expectation for this pay at the time of posting.
Any base pay offer provided depends on skills, experience, education, certifications, and a variety of other job-related factors. Base pay is one part of a comprehensive benefits package that includes flexible schedules, affordable health, vision and dental insurance, child care and student loan subsidies, generous levels of time off, 403(b) Retirement Savings plan, Pension, Tuition and certain License and Certification Reimbursement, cell phone plan discounts and discounted rates on T-passes. Experience the benefits of passion and teamwork.
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