Washington University in St. Louis has partnered exclusively with the Vortechs Group in their search for a Business Development Associate.
They are looking for someone who desires meaningful work in commercialization focused on the impact such role can have on the betterment of society. This extraordinary opportunity at a top-ranked school is ideal for candidates with experience managing a University’s intellectual property portfolio, particularly in the life science/medical/engineering area.
The Business Development Associate will be responsible for handling license agreements, a portfolio of IP, and training and mentoring of junior team members. These responsibilities will be completed with limited direction from the Associate Director. The Business Development Associate will be expected to manage special initiatives for the benefit of the Office of Technology Management.
Key Responsibilities Include:
- Process and manage invention and material disclosures as assigned by the Office of Technology Management Associate Director. The cases managed by the Business Development Associate are often complicated in nature. For example, the Business Development Associate will work with those faculty members that have a large and diverse portfolio and where substantial grant funds (both public and private) are involved. The Business Development Associate will evaluate the technology for patentability and market potential and ensure that investigators are making clear, meaningful disclosures. These responsibilities will be completed with minimal direction from the Associate Director.
- Complete the Technology Assessment within 60 days of receiving the invention disclosure. This assessment should include an evaluation of the business opportunity, the best path for licensing, the list potential licensees, the estimated financial/market value, and the recommendation to Office of Technology Management as to patentability and commercial viability. This assessment should require minimal input on the part of the Associate Director.
- Provide first-line review of agreements involving materials moving between for-profit institutions and the University.
Read more about the responsibilities and qualifications in the Business Development Associate Position Specification
About Washington University in St. Louis
Washington University in St. Louis is an independent university and is renowned for its teaching, patient care, and research. It’s ranked first in new medical school entrants’ test scores and fourth in its funding from the National Institute of Health (NIH). The Princeton Review ranked it 10th in the top 50 schools for entrepreneurs, and U.S. News & World Report listed it as #7 in comprehensive medical schools in its 2017 edition. It’s located in beautiful and historic St. Louis.
Situated at the confluence of the Mississippi and Missouri Rivers, St. Louis (STL) is the Gateway to the West and has long been known as the starting point for exploration and opportunity. STL offers quaint neighborhoods and an affordable housing market.
Learn more about the University and St. Louis in the Business Development Associate Position Specification
PROCEDURE FOR CONSIDERATION:
Confidential review of applications will begin immediately and continue until the position is filled. Interested candidates should send resume, deal sheet and salary expectations to: Lisa Rooney Lisa@vortechsgroup.com 740-251-7390