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University of Pennsylvania, Philadelphia, PA, USA

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"Licensing Officer, Perelman School of Medicine"

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Licensing Officer, Perelman School of Medicine

Licensing Officer, Perelman School of Medicine

University Overview

The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Penn's distinctive interdisciplinary approach to scholarship and learning. As an employer Penn has been ranked nationally on many occasions with the most recent award from Forbes who named Penn one of America's Best Large Employers in 2023.

Penn offers a unique working environment within the city of Philadelphia. The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities. With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play.

The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more.

Posted Job Title
Licensing Officer, Perelman School of Medicine

Job Profile Title
Licensing Officer

Job Description Summary
We are currently recruiting for two (2) licensing officer positions, with one reporting to the Executive Director of Licensing and one reporting to the Associate Director of Licensing for the Perelman School of Medicine (PSOM).

Each of these positions will work as an individual or with colleagues in the PSOM licensing team, as applicable, to (a) identify, evaluate, protect, and market technologies with commercial potential from PSOM, (b) develop strong working relationships with PSOM investigators and support all activities associated with technology commercialization,(c) identify, evaluate and implement research collaborations with industry on behalf of PSOM researchers, (d) negotiate option and license agreements for intellectual property and tangible materials with established companies and start-ups, and (e) support the management of company relationships post-agreement execution. This individual will function as a team player who strongly supports the efforts of the PSOM licensing team and the entire PCI organization, and will provide outstanding customer and client service in all areas of effort and interaction.

Job Description

Job Responsibilities

  • Working as an individual or with colleagues in the PSOM licensing team, develop strong working relationships with faculty, staff and graduate students in PSOM.
  • Working as an individual or with colleagues in the PSOM licensing team, evaluate technology disclosures to determine their commercial potential and to develop and recommend well-articulated and diligently justified "go-no-go" decisions regarding pursuing patent protection at weekly Patent Investment Meeting (PIM).
  • Working as an individual or with colleagues in the PSOM licensing team, develop commercialization strategies for technology portfolios. Perform marketing analysis to include identification of, and marketing to, targeted commercial partners and investors. Prepare non-confidential marketing materials for assigned technologies, with the assistance of PCI's Marketing, Communications and Programs (MCP)team, as appropriate.
  • Working as an individual or with colleagues in the PSOM licensing team: (i) identify potential industry partners and investors; (ii) perform due diligence on potential commercial partners; (iii) perform technology valuation; (iv) initiate and lead the construction and negotiation of licensing and option agreements; (v)assist with sponsored research agreements, as required; and(vi) be responsive to the needs of key internal and external PCI clients.
  • Work with the Executive Director to organize and participate in outreach activities to engage and educate PSOM faculty about technology commercialization and programs to engage corporate partners to work more closely with Penn.
  • Perform additional duties as assigned.

Qualifications

  • The Licensing Officer must have a Bachelor's degree and 5-7 years or equivalent combination of education and experience required. An advanced degree is preferred, such as a M.S. in a in a life/health sciences related field, and strong preference will be given to candidates with a Ph.D. in these fields.
  • The preferred candidate will also have 1-2 years of experience in technology transfer, business development or equivalent intellectual property or business development experience.
  • The preferred candidate must be a dedicated team player, have outstanding customer service skills, demonstrate exceptional interpersonal and communication skills, exhibit technical skills and business acumen, and must be able to interact effectively in an academic and corporate environment.
  • Preference will be given to candidates who are knowledgeable about intellectual property and licensing practices.
  • The candidate will be proficient at multitasking and be an independent self-starter with strong work ethic.
  • The Licensing Officer must be able to manage a diverse set of relationships, tasks and projects, and to be able to identify and handle inventions in a variety of fields outside of their own area of technical expertise. Strong negotiation skills are preferred- along with an ability to excel in a relatively independent and flexible work environment.
  • Attention to detail and an ability to follow-through tasks to completion are requisite skills for the position.

Job Location - City, State
Philadelphia, Pennsylvania

Department / School
Provost's Center

Pay Range
$76,000.00 - $90,000.00 Annual Rate
Salary offers are made based on the candidate's qualifications, experience, skills, and education as they directly relate to the requirements of the position, and in alignment with salary ranges based on external market data for the job's level. Internal organization and peer data at Penn are also considered.

Equal Opportunity Statement

The University of Pennsylvania is an equal opportunity employer. Candidates are considered for employment without regard to race, color, sex, sexual orientation, religion, creed, national origin (including shared ancestry or ethnic characteristics), citizenship status, age, disability, veteran status or any class protected under applicable federal, state or local law.

Special Requirements
Background checks may be required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job.

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