Assistant Director, Life Sciences / Tech Transfer & Commerc, Asst Director
Michigan State University · East Lansing, MI · 1 wk ago
Internship
Responsibilities
- Provide mentoring, guidance and direction to life science Technology Managers in their day-to-day operations and tasks, including faculty engagement, technology assessment and creating marketing and licensing strategies;
- Aid in hiring, being lead on training, mentoring, and advising life science Technology Managers on questions, challenges, negotiations, draft agreements and draft translational funding proposals;
- Aid and advise Executive Director with management of the life sciences technology portfolio, including distribution of cases amongst the life sciences team; managing statuses in the database, patent deadlines and patent expenditures;
- Aid and advise Executive Director and Associate Director on various matters, including agreement templates, office SOPs, translational funding programs and general strategy; review and sign CDAs and MTAs when they are not available;
- Oversee an additional, significant MSUT program, such as the commercialization intern program or a future effort such as a faculty ambassador program.
Innovation Management
- Identify areas of campus research of high commercial interest and potential;
- Establish key faculty relationships;
- Mine innovative technology from research and support faculty in submitting invention disclosures;
- Work with faculty to understand and develop research/development plan to move technology toward a commercial-ready state;
- Understand and make timely decisions;
- Work with Patent Administration team on federal reporting;
- Work with Executive Director to manage technologies with complex histories and challenges.
Patent Protection and Strategy
- Develop and execute domestic and international (if applicable) intellectual property protection strategy to achieve commercial goals;
- Manage portfolio by taking appropriate and timely procedural steps with outside counsel;
- Meet objectives for patent filings and other patent related targets;
- Assess invention disclosures for commercial potential including screening, market research, customer discovery, and working with mentors-in-residence;
- Make decisions on IP protection strategy and work with outside attorneys to ensure patent applications are filed, maintenance fees are paid, and office actions are responded to.
Marketing Technologies
- Manage the development of a marketing strategy and supporting materials for technologies using applicable resources (interns, patent and business intelligence data sources, mentors-in-residence, etc.) as applicable;
- Implement marketing strategy to deliver high quality information to interested leads via non-confidential summaries;
- Develop appropriate technology valuation, negotiation positions, and deal terms to support marketing plans;
- Leverage existing relationships to support additional partnerships with MSU, including research, student recruiting, and further licensing opportunities with relevant MSU offices (e.g., Business Connect).
Licensing and Agreement Compliance
- Identify reasonable deal valuation in context of relevant market(s) and prior deals while maximizing the value of the technology;
- Identify other party’s anticipated positions, needs, and wants during negotiation to finalize deal;
- Evaluate potential licensee business/technology development plan in support of risk assessment;
- Identify optimal licensee(s) and appropriate deal structures;
- Implement licensing strategies (e.g., bundling, inter-institutional, multiple agreements per technology) in context of the technology and applicable market(s);
- Negotiate term sheets and draft agreement language;
- Establish and maintain relationships with industry partners/collaborators;
- Work with Agreement Compliance team to support and meet objectives for agreement compliance; undertake primary role in addressing licenses that are out of compliance.
Faculty Support
- Develop and manage strong relationships with faculty inventors and prospective inventors;
- Provide guidance on material transfer, confidentiality, and data use agreements;
- Aid as necessary regarding intellectual property policies and procedures in support of grant applications with OSP/CGAC;
- Collaborate with Spartan Innovations and other relevant groups in support of MSU researcher-led and MSU technology-based startup companies;
- Participate in educational and in-reach programs to MSU faculty and researchers including department seminars, research symposiums, and university programs/committees.
Continuous Improvement, Strategic Initiatives and Professional Development
- Continuous improvement of skills, tools, and systems in support of MSUT;
- Support key initiatives of other MSUT functions;
- Collaborate with other offices in the MSU Innovation Center, such as Business Connect to support sponsored research agreements and other types of collaborations developed via marketing activities;
- Develop annual Professional Development and Improvement Plan.