Licensing Associate – Office of Technology Management
Company | Wash U |
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Location | St. Louis, MO, USA |
Salary | $65900 – $112700 |
Type | Full-Time |
Degrees | Master’s, MBA, PhD |
Experience Level | Entry Level/New Grad, Junior |
Requirements
- Education includes advanced degree, MS or PhD, in the life/biological science, medicine, biomedical engineering, engineering, or physical sciences.
- Working experience in a university tech transfer office or in commercial development within the private sector.
Responsibilities
- Completes Technology Assessment and Commercial/Patent Reassessment on assigned invention disclosure within established departmental time frames. This assessment should include an evaluation of patentability and commercial opportunity. Recommendations will be made on appropriate IP protection (patent or copyright) and patent conversions.
- Works with legal counsel to protect intellectual property either through patenting or other proper tactics for assigned portfolio. Works directly with departmental patent coordinator and internal legal counsel (OGC) on patent costs and filing tactics with outside patent law firms.
- Develops marketing materials and website information on IP-protected cases. Markets IP and establish contacts with potential licensees. Manages IP portfolio and decisions on future license potential.
- Negotiates key terms and executes simple license agreement with licensee.
- Manages a portfolio of existing licenses with respect to technology development, milestones and non-financial terms of the licensees.
Preferred Qualifications
- Understanding of technology evaluation, patents, contracts, marketing and licensing activities either in a university or in a private industry.
- Some business experience or a Master of Business Administration degree.
- Assess the potential for a nascent technology in the commercial arena.