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Licensing Associate at Cedars Sinai

 

Align yourself with an organization that has a reputation for excellence! Cedars Sinai was awarded the National Research Corporation’s Consumer Choice Award 19 years in a row for providing the highest-quality medical care in Los Angeles. We also were awarded the Advisory Board Company’s Workplace of the Year. This annual award recognizes hospitals and health systems nationwide that have outstanding levels of employee engagement. We hire team members who are committed to improving patients’ lives. We provide an outstanding benefit package, along with competitive compensation. Join us! Discover why U.S. News & World Report has named us one of America’s Best Hospitals.

What you will be doing in this role:

Under the supervision of the manager, this position will provide support for invention disclosure, marketing, licensing and de-risking activities of the invention portfolio in the Technology Ventures Office (TVO) at Cedars-Sinai Medical Center.

Invention Disclosure Process (25%):

  • Internally provide assistance and support to inventors for submitting invention disclosures to the TVO.

  • Interact with inventors to ensure inventions at the Medical Center are disclosed and processed by the TVO.

  • Responsible for ensuring completeness of the invention disclosure forms.

  • Perform initial analysis and recommendations on the technologies disclosed to the TVO.

  • Work with the manager in the assessment of invention disclosures for marketing and commercial potential.

  • Participate in seminars and grand rounds at the Medical Center to enhance TVO presence and to help identify potential inventions.

Marketing and Licensing Technology (35%):

  • Work closely with manager to develop and implement general and technology specific marketing strategies.

  • Input marketing activities and communication information into internal database.

  • Write non-confidential summaries of technologies and posting summaries.

  • Conduct market research and analysis to identify potential licensing or commercialization partners.

  • Send non-confidential summaries of technologies to potential licensees to market technologies.

  • Present and market technologies at national and International meetings.

  • Perform financial analysis and valuations of early-stage technologies.

  • Negotiate agreements to out-license technologies to identified partners with support from the manager

  • Negotiate option agreements as applicable.

De-risking Technology (15%):

  • Participate in the management of de-risking projects for selected technologies to improve market readiness.

  • Identify contract research organizations (CROs) to perform R&D work on selected inventions.

  • Manage projects with regards to legal framework, finance, timeline and outcome.

  • Manage expectation and facilitate communication between inventors and CROs.

  • Secure potential new inventions or improvements over existing inventions through patenting.

Education (15%):

  • Responsible for organizing education sessions for inventors.

  • Work with the manager to identify key topics, prepare flyers, invite speakers and market educational events to key audience within the Medical Center.

General (10%):

  • Perform other duties (e.g., prepare analysis, reports, meeting presentations) as assigned by the manager.

  • Perform special projects as required by the manager.

Requirements:

Education: Masters Degree in Science required. PhD in science preferred.

Experience: Two years of experience in managing early-stage life science technologies (medical device, digital health, drug discovery in oncology, cardiology, GI disorders, regenerative medicine, and neuroscience) in academic technology transfer offices, life science companies or life science-focused investment firms highly preferred.

Skills/Experience Sought:

General knowledge of business practices related to intellectual property protection and commercialization required.Great teammate with excellent interpersonal skills, have basic understanding of the academic medical research enterprise, be able to work with researchers, and be self-motivated and able to manage multiple projects with excellent attention to detail.

Why work here?

Beyond outstanding benefits, competitive salaries and health and dental insurance, we take pride in hiring the best, most passionate employees. Our staff reflects the culturally and ethnically diverse community we serve. They are proof of our commitment to creating a dynamic, inclusive environment that fuels innovation and the gold standard of patient care we strive for.

  • Working Title: Licensing Associate
  • Department: Technology Ventures
  • Business Entity: Corporate Services
  • City: West Hollywood
  • Job Category: Legal
  • Job Specialty: Legal
  • Position Type: Full-time
  • Shift Length: 8 hour shift
  • Shift Type: Day

Cedars-Sinai is an EEO employer. Cedars-Sinai does not unlawfully discriminate on the basis of the race, religion, color, national origin, citizenship, ancestry, physical or mental disability, legally protected medical condition (cancer-related or genetic characteristics or any genetic information), marital status, sex, gender, sexual orientation, gender identity, gender expression, pregnancy, age (40 or older), military and/or veteran status or any other basis protected by federal or state law. If you need a reasonable accommodation for any part of the employment process, please contact us by email at Applicant_Accommodation@cshs.org and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.

Cedars-Sinai will consider for employment qualified applicants with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring.

At Cedars-Sinai, we are dedicated to the safety, health and wellbeing of our patients and employees. This includes protecting our patients from communicable diseases, such as influenza (flu) and COVID-19. For this reason, we require that all new employees receive a flu vaccine based on the seasonal availability of flu vaccine (typically during September through April each year) as a condition of employment, and annually thereafter as a condition of continued employment, subject to medical exemption or religious accommodation. For the same reason, you may also be required to receive other vaccines such as COVID-19 as a condition of employment. Cedars-Sinai reserves the right to make modifications to its required list of vaccines as required by law and/or policy.

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