A Technology Manager’s role at the Center for Technology and Venture Commercialization (TVC) at the University of Utah is to develop deep relationships with University faculty to promote innovation that has strong commercial potential with the ultimate goal of monetizing these innovations through licensing transactions, which generate downstream revenue through a variety of contractual obligations. The majority of their time will be spent meeting with inventors and developing relationships with potential licensees.
Education of TVC’s mission is a core theme of faculty interactions, the intent of which is to produce higher quality, curated invention disclosures across all university colleges, institutes and departments. Based on their significant domain expertise and vast industry relationships, Technology Managers also provide awareness to faculty of technology solutions that are most valued by global markets to influence their research efforts.
A Technology Manager in this position will be responsible for:
Developing deep relationships with faculty and actively engaging them in the commercialization process
Managing a medical device portfolio
Participating in university outreach to educate inventors on role of TVC
Evaluating invention disclosures for their commercial potential
Working with faculty, the Manager of IP and outside IP counsel on patenting, copyright and trademark decisions
Marketing technologies to industry
Engaging industry partners for potential licensing deals
Communicating industry feedback to faculty
Executing licensing transactions to industry
Representing the university at industry conferences, from time-to-time, that are relevant to technology transfer activities
On a day-to-day basis, Technology Manager will actively manage a portfolio in the medical device space. Portfolio management involves a variety of activities including but not limited to: Faculty engagement:
Assisting faculty who aren’t familiar with TVCs process to complete invention disclosures
Encouraging faculty to disclose inventions, highlighting the advantages of how patents can help technology transition to the market
Maintaining regular interactions with faculty to learn about upcoming innovations, discussing market gaps, making appropriate connections with TVC services and otherwise ensure the highest probability of successfully commercializing a technology
Mentoring faculty on future work to pivot their research towards commercialization
Evaluating a technology for its commercial potential, provide recommendations on the development of a technology and implement steps toward licensing.
Understanding the future development and funding needed to advance a technology to a value inflection point
Working with IP counsel in evaluating prior art searches for IP potential of a technology
Working closely with IP counsel to establish and manage an IP prosecution strategy
Marketing technologies for licensing consideration
Engaging with industry on a regular basis to expand TVC networks, keep abreast of market trends, get feedback on technology potential and identify licensing opportunities
Attending relevant trade shows to promote the technology portfolio
Hosting corporations at TVC to promote University research, faculty engagement and licensing opportunities
Engaging with industry on a regular basis to keep abreast of market trends and licensing opportunities
Working with TVC stakeholders to advance a technology through a licensing transaction to industry
Bachelor’s degree in a Life Science, Physical Science, Engineering, Computer Science, or a related field required with advanced degree preferred. Five years full-time experience in industry, marketing or business development; and demonstrated effective communication and human relation skills required.
Entrepreneurial, communication and interpersonal skills are critical for success in this position.
Work experience in an industrial field specific to area of assignment (Pharma, Biomedical/Biotechnology, Diagnostics, Physical Sciences, or Computer Industry) is strongly preferred.
Previous university administrative or research experience, or familiarity with the university environment preferred. Work experience in a university or industry technology transfer office preferred.
Applicants must demonstrate the potential ability to perform the essential functions of the job as outlined in the position description.
Have between three to five years of experience in the technology transfer field
Have two or more years of industry experience in the medical device field.
Hold an advanced degree in a life science or bioengineering field.
Have industry experience in a life science sector, particularly medical devices.
Have business development and marketing experience.
Have excellent analytical skills and the ability to present written and oral materials in a professional manner.
Have a strong orientation toward customer service.
Be self-motivated and require minimal supervision.
Under the general direction of the Executive Director of the Office of Technology Management (OTM) or designee, the Licensing Officer is responsible for identifying, evaluating and licensing inventions in the field of the life sciences created by the researchers at the Medical School. In addition, the Licensing Officer will work closely with a variety of individuals, including researchers, industry representatives, and intellectual property attorneys to analyze and summarize technical and scientific information throughout the licensing process.
Actively engage faculty to identify patentable discoveries and inventions and to encourage the regular submission of invention disclosures
Evaluate invention disclosures for patentability and commercial potential and make recommendations to the Executive director with regard to patent filing
Negotiate option and license agreements and prepare and complete other agreements, including materials transfer, sponsored research, inter-institutional, and confidentiality agreements.
The Licensing Officer will also work with researchers to evaluate their technology for start-up potential
Work with UMASS Counsel as needed to decide complex legal issues relating to the various agreements negotiated in the Office of Technology Management.
Work with the Office of Sponsored Programs and Office of Clinical Research in reviewing and drafting intellectual property provisions in grant awards and Clinical Study Agreements
Perform other duties as required.
An advanced degree in a biological science or equivalent work experience required.
1-2 years of related experience in an academic technology licensing office
Highly motivated with proven ability to work within both a business and academic environment. Demonstrated broad knowledge in the biological sciences through academic study and/or industrial experience
Experience in identifying and commercializing technology
Must possess excellent verbal and written communication skills
Must possess advanced computer skills, including knowledge of databases and preparation of PowerPoint presentations
Ability to handle multiple complex assignments
Technology Licensing Associate - Mayo Clinic Ventures
Why Mayo Clinic Mayo Clinic is the nation's best hospital (U.S. News & World Report, 2021-2022) and ranked #1 in more specialties than any other care provider. We have a vast array of opportunities ranging from Nursing, Clinical, to Finance, IT, Administrative, Research and Support Services to name a few. Across all locations, you’ll find career opportunities that support diversity, equity and inclusion. At Mayo Clinic, we invest in you with opportunities for growth and development and our benefits and compensation package are highly competitive. We invite you to be a part of our team where you’ll discover a culture of teamwork, professionalism, mutual respect, and most importantly, a life-changing career!
Mayo Clinic offers a variety of employee benefits. For additional information please visit Mayo Clinic Benefits. Eligibility may vary.
Position description The purpose of this position is to manage commercialization of Tools based technologies and other inventions as assigned by their team lead while providing technical and administrative support to Sr. Technology Licensing Managers and Directors of Licensing in support of MCV technology commercialization efforts. Key focus will be applied to activities that provide positive financial returns, translate Mayo technologies to patients and providing quality service and outcomes to Mayo Clinic inventors. The incumbent will be responsible for the processing and evaluation of disclosures and inventions, drafting and negotiating Tools based agreements and provides assistance with patent prosecution activities, and certain licensing activities of assigned or delegated projects. Utilizes leadership qualities, strong team play and interpersonal skills, and broad technical knowledge in all interactions with inventors, allied health staff and internal / external business contacts.
Qualifications Bachelor's degree plus either (i) one year of prior licensing; or (ii) two years of prior work experience in biological or physical science or business experience required. Master's degree in business, science or related field preferred. Good human relations and written and verbal communication skills. High level of technical competence and confidence. Customer focused. Decision making and problem solving ability. Ability to manage several projects or tasks simultaneously and exercise appropriate judgment when prioritizing projects and when to engage with Licensing Manager or MCV colleagues for guidance or direction. Ability to function well in a team setting and work in a diverse work environment. Knowledge of business, laws and regulations relating to patenting and licensing of technologies preferred.