Licensing Associate

Responsibilities

• Perform daily operations of the commercial licensing program to generate revenue that meets or exceeds targets.
• Ensure efficient and cost-effective management of deal flow and assist with the contract enforcement program.
• Prioritize out-license opportunities according to the licensing strategy and work with business units to identify potential in-licensing and out-licensing opportunities.
• Draft, review, and negotiate licensing and other collaborative agreements, ensuring alignment with organizational guidelines.
• Track the licensing process from initial contact through execution, accurately input data in the licensing database, and provide regular metrics updates and reports to Senior Management.
• Conduct research to identify opportunities and qualify potential licensees, ensuring IP usage aligns with organizational messaging.

Qualifications

• Bachelor’s degree and 2-5 years’ experience or equivalent experience.
• Demonstrated negotiation and legal agreement drafting skills.
• Scientific degree or prior experience in life science industry highly preferred.
• A combination of licensing & life science experience is ideal.
• Ability to multi-task and exercise sound judgment; enhanced critical thinking to creatively negotiate and close deals.
• Self-starter, self-motivated and takes initiative; strong interpersonal and problem-solving skills; able to work independently or collaboratively with all levels of staff, external partners and licensing professionals to resolve problems to maximize performance, creativity, problem-solving and results.
• Attentive to detail with a high level of accuracy; exercise sound judgment and strong project management skills.
• Adaptable; be able to shift priorities and focus as departmental and/or business demands change.
• Excellent written and verbal communication skills, including excellent listening skills to communicate clearly, concisely and effectively.

Benefits

• The target salary for this position is $75,000 annually. Actual compensation will be determined based on experience and qualifications as well as internal equity and alignment with market data.
• In addition to base salary, this role may be eligible for additional incentive compensation including regular merit increases and the corporate bonus program.
• We Invest in You:
  • Health & Wellness: Comprehensive medical coverage and company paid Life Insurance, Disability Insurance, AD&D, and paid parental leave.
  • Work life balance with Paid Holidays and PTO.
  • Fitness and cell phone subsidies, and additional benefits such as legal services, pet insurance and additional supplemental coverage.
  • Employee Assistance Program offering around-the-clock counseling.
  • Financial security: 401(a) (6% employer contribution) and 403(b) (2% match) retirement plans.
  • Corporate bonus program.

Pay

• $75,000 annually.

Schedule

• Onsite based in Manassas, VA or Gaithersburg, MD.