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
$61,046.00 - $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, as well as internal and market factors and grade profile.
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.
University Benefits
- Health, Life, and Flexible Spending Accounts: Penn offers comprehensive medical, prescription, behavioral health, dental, vision, and life insurance benefits to protect you and your family's health and welfare. You can also use flexible spending accounts to pay for eligible health care and dependent care expenses with pre-tax dollars.
- Tuition: Take advantage of Penn's exceptional tuition benefits. You, your spouse, and your dependent children can get tuition assistance here at Penn. Your dependent children are also eligible for tuition assistance at other institutions.
- Retirement: Penn offers generous retirement plans to help you save for your future. Penn's Basic, Matching, and Supplemental retirement plans allow you to save for retirement on a pre-tax or Roth basis. Choose from a wide variety of investment options through TIAA and Vanguard.
- Time Away from Work: Penn provides you with a substantial amount of time away from work during the course of the year. This allows you to relax, take vacations, attend to personal affairs, recover from illness or injury, spend time with family-whatever your personal needs may be.
- Long-Term Care Insurance: In partnership with Genworth Financial, Penn offers faculty and staff (and your eligible family members) long-term care insurance to help you cover some of the costs of long-term care services received at home, in the community or in a nursing facility. If you apply when you're newly hired, you won't have to provide proof of good health or be subject to underwriting requirements. Eligible family members must always provide proof of good health and are subject to underwriting.
- Wellness and Work-life Resources: Penn is committed to supporting our faculty and staff as they balance the competing demands of work and personal life. That's why we offer a wide variety of programs and resources to help you care for your health, your family, and your work-life balance.
- Professional and Personal Development: Penn provides an array of resources to help you advance yourself personally and professionally.
- University Resources: As a member of the Penn community, you have access to a wide range of University resources as well as cultural and recreational activities. Take advantage of the University's libraries and athletic facilities, or visit our arboretum and art galleries. There's always something going on at Penn, whether it's a new exhibit at the Penn Museum, the latest music or theater presentation at the Annenberg Center, or the Penn Relays at Franklin Field to name just a few examples. As a member of the Penn community, you're right in the middle of the excitement-and you and your family can enjoy many of these activities for free.
- Discounts and Special Services: From arts and entertainment to transportation and mortgages, you'll find great deals for University faculty and staff. Not only do Penn arts and cultural centers and museums offer free and discounted admission and memberships to faculty and staff. You can also enjoy substantial savings on other goods and services such as new cars from Ford and General Motors, cellular phone service plans, movie tickets, and admission to theme parks.
- Flexible Work Hours: Flexible work options offer creative approaches for completing work while promoting balance between work and personal commitments. These approaches involve use of non-traditional work hours, locations, and/or job structures.
- Penn Home Ownership Services: Penn offers a forgivable loan for eligible employees interested in buying a home or currently residing in West Philadelphia, which can be used for closing costs or home improvements.
- Adoption Assistance: Penn will reimburse eligible employees on qualified expenses in connection with the legal adoption of an eligible child, such as travel or court fees, for up to two adoptions in your household.
To learn more, please visit: https://www.hr.upenn.edu/PennHR/benefits-pay
To apply, visit https://wd1.myworkdaysite.com/en-US/recruiting/upenn/careers-at-penn/job/3600-Civic-Center-Boulevard---9th-Floor/Licensing-Officer--Perelman-School-of-Medicine_JR00102925
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