Licensing Associate
Job Summary:
Licensing Associates are an integral part of the CU Anschutz Campus innovation ecosystem as they work to bring new technologies to patients. Licensing Associates will work with the licensing team to evaluate, advance, partner and commercialize a portfolio of the University's most promising intellectual property in the life sciences, including therapeutics, medical devices, diagnostics, and digital health. Licensing Associates will work with the licensing team and Fellows to develop marketing strategies, identify potential licensees, and foster relationships with companies in order to partner and commercialize University assets.
Licensing Associates will work closely with more senior members of the licensing team as they develop their skills in working with inventors to understand technologies, communicating with outside counsel to assess patentability, and collaborating with colleagues in industry during partnering discussions. Licensing Associates will work with senior members of the licensing team to build portfolio commercialization skills. This includes understanding & assessing the intellectual assets developed in a faculty member's lab and encouraging disclosure of new ideas, inventions & other intellectual assets to Innovations. With the support of senior licensing team members, Licensing Associates will assess new inventions for technical merit, patentability, and commercial feasibility, while overseeing the filing & prosecution of patent applications where appropriate and identifying & communicating with potential licensees.
The Licensing Associate, with mentoring from senior licensing team members, will learn how to market technologies to industry, negotiate, draft, and enforce options, licenses, IIAs, CDAs and other agreements. As Licensing Associates develop these skills, they are expected to begin to maintain their own technology portfolio and work more independently as they progress. The position requires the use of a variety of communications and computer database tools to track, convey issues, and decisions about invention disclosures, patent applications, patent prosecution, patent issuance and maintenance.
Key Responsibilities:
- The primary function is to assist in the management of university intellectual property in the life sciences disciplines and advance to managing their own portfolio of university intellectual property, which includes the following tasks.
- Understand and assess the intellectual assets in a faculty member's lab, whether patentable or not, encouraging disclosure of new ideas, inventions and other intellectual assets to TTO.
- Evaluate and analyze new invention disclosures for technical merit, meet with inventor(s), assess patentability, marketability, commercial feasibility and identify relevant industry contacts.
- Encourage the commercialization of innovation through multiple channels including industry collaborations, licensing or the formation of start-up companies.
- Develop licensing strategies, identify potential licensees, negotiate terms, draft agreements, and close deals.
- Manage patent-related activities, including the filing and prosecution of patent applications.
- Perform other tasks as assigned by the Director of Licensing.
Work Location:
Hybrid – this role is eligible for a hybrid schedule of 3 days per week on campus and as needed for in-person meetings.
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