Senior Licensing Associate
Albert Einstein College of Medicine · Bronx, NY · 1 mo ago
On-siteLegal$120k/yrFull-time
About the role
Einstein’s Office of Biotechnology and Business Development is seeking a Senior Licensing Associate to play a key role in the Office’s strategic and revenue-driving operations. This position focuses on increasing Einstein's licensing and collaborative relationships with commercialization partners, including industry, entrepreneurs, and investors.
Responsibilities
- Manage a portfolio of life science, biotech, and healthcare technologies across the full lifecycle of technology management.
- Identify novel intellectual property assets developed at Einstein, solicit new invention disclosures, and evaluate technologies for commercial potential.
- Develop and execute commercial strategies, identify and assess licensees, and draft license terms (financial and non-financial).
- Negotiate, execute, and manage license agreements, including equity-bearing licensing relationships and other high-value initiatives.
- Participate in project managing activities related to Einstein’s 2030 Acceleration Fund.
- Synthesize scientific/technical information of early-stage inventions to articulate their commercial potential and value proposition to partners.
- Evaluate Einstein technologies for commercial, licensing, and economic development potential by combining knowledge of patent law, science/technology, and commercial development.
- Source and evaluate potential commercial partners, including start-ups and investment opportunities.
- Draft and negotiate agreements (e.g., license, options, revenue-sharing, inter-institutional, confidentiality, and collaboration).
- Shepherd agreements through negotiation and execution, capturing discussions and intent in written agreements and communicating status updates to stakeholders.
- Serve as lead negotiator in high-profile exclusive license agreements and agreements involving equity and shareholder rights.
- Solicit and assess new inventions for intellectual property protection and commercialization.
- Interact confidently with faculty, researchers, and clinicians to understand Einstein/Montefiore scientific assets across disciplines.
- Promote Einstein faculty research interests and achievements to form new collaborative opportunities internally and externally.
- Develop and execute innovative strategies for technology commercialization and actively market technologies to third parties.
- Leverage and establish relationships with industry professionals to engage with the Office and provide critical feedback on Einstein IP assets.
- Identify potential projects for internal investment and provide project management oversight to increase IP value and licensing interest.
- Review and prepare office metrics on a quarterly basis for internal and external reports (e.g., AUTM).
- Serve as a general business development resource, performing additional Office functions such as administrative support, program development, and awareness initiatives.
- Collaborate, mentor, and train non-senior office members, including interns.
- Prepare materials for external events and internal seminars, and represent the Office as needed.
Qualifications
- Master’s Degree and 3–5 years of experience in academic and/or commercial biotech/pharma arenas. A Ph.D. is strongly preferred.
- Experience in contract negotiations is required.
- Strong knowledge of intellectual property law and a high-level understanding of biomedical research and technology transfer practices.
- Experience with the drug development process, FDA regulations, medical mobile applications, or government sponsor obligations (Bayh-Dole) is a plus.
- History of successful negotiations and execution of complex intellectual property deals, with ability to provide deal sheets.
- Thorough understanding of corporate and securities agreements is preferred.
Pay
Minimum Salary Range: USD $120,000.00/Yr.
Maximum Salary Range: USD $135,000.00/Yr.