Job Posting #897042
Position: Licensing and Commercialization Associate, Business Intelligence
Site: MaRS – Heritage Building
Department: Commercialization at UHN
Reports to: Director
Salary Range: Commensurate with experience and consistent with UHN Compensation Policy
Status: Permanent Full Time
Do you have a passion for seeing research discoveries become life-saving reality? Do you have what it takes to drive winning partnerships with industry to help create a healthier world?
Join the #1 institution in Canada for research commercialization and work with some of the best and brightest in the field!
We are looking for a Licensing and Commercialization Associate to provide critical business intelligence and analysis support to the many highly valuable commercialization portfolios at UHN.
Ranked #1 in Canada’s Top 40 Research Hospitals*, UHN has held that position since 2011 and its four hospitals are among the top ranking globally. As Canada’s largest academic research hospital complex, UHN ranks #1 in research commercialization in Canada. UHN's licensing revenues are fully re-invested into its hospitals and research institutes to fuel and sustain innovation and discovery.
By joining us, you will be involved with the most cutting-edge research and medical innovations at their inception. The business professionals working within Commercialization at UHN shepherd our world-class science and discovery toward maximum patient impact: medical products, devices and therapies that change lives globally– such as insulin, which was discovered here. Your work will equally take such discoveries closer to changing patient lives. In fact, because of the critical value of bringing these ground-breaking discoveries to patients, commercialization is one of UHN’s top 5 organizational Strategic Priorities.
Together with the world-class UHN research community, our work delivers on our recently-launched Commercialization Lives Here strategy, elevating Canada as a world destination for life science commercialization. We compete with the biggest names in the US and at home; our lineup of start-ups includes BlueRock Therapeutics, Trillium Therapeutics, Adela Bio Inc., Treadwell Therapeutics and AvroBio amongst others, boasting more than $5 billion injected into the economy.
What are you waiting for? Join our growing success story. Let’s create a healthier world, together.
- Source: https://www.uhnresearch.ca/news/canadas-top-research-hospital-2
We are recruiting a Licensing and Commercialization Associate, Business Intelligence, who will conduct financial valuations, market analyses, and provide commercial support to UHN inventions and technologies. Through these critical activities, you will work to identify the full commercial potential of UHN’s technologies and ensure UHN receives fair value for them from investors.
The successful candidate will work in a team environment with other licensing and commercialization team members, and additionally support other Commercialization at UHN activities in the critical areas of research partnerships, licensing, and new company creation. The successful candidate will not only be technically strong in performing valuations and market analyses but must also demonstrate outstanding communication and collaboration skills with a good knowledge of the potential applications of the life science and medical device technologies being assessed.
In this role, the Licensing and Commercialization Associate, Business Intelligence, will primarily be responsible for:
- Leading detailed Market and Financial analyses, including development of financial valuation models (i.e. discounted cash flow), to support major deals (i.e. licensing and spin-offs)
- Providing support in assessing the market viability and patentability of potentially life-changing discoveries arising from UHN research labs
- Providing analysis support to various stakeholders such as UHN Research Principal Investigators, the Commercialization at UHN licensing team, entrepreneurs-in-residence and spin-off company management teams in developing pitches and business plans aimed at securing investment capital for technology development
- Providing analysis support to other departments at UHN as well as external tech transfer office clients as directed, and supporting general Commercialization at UHN outreach activities
- Developing and maintaining a database on Commercialization at UHN’s performance as a technology commercialization office in comparison with other top peer offices, and supporting internal and external communication initiatives based on this
- Sourcing third party business intelligence consulting firms and delegating and managing out-sourced market analysis projects
- Supporting or leading other special projects as required
Qualifications:
- At minimum, completion of a Master’s degree in Life Sciences or recognized equivalent required; MBA preferred
- At minimum 2 years practical and related experience
- Experience working in pharmaceutical or biotech business development, technology transfer, venture capital, investment banking or related environment preferred
- Experience in the creation of valuations and market assessment analyses which support financial and deal term negotiations and decision-making is preferred
- Good capacity for understanding and evaluating detailed deal terms as well as underlying technologies is preferred
- Good knowledge of patent and licensing practice preferred
- Strong presentation skills required
- Experience in Microsoft Office environment, including strong proficiency with Excel, is required
- Experience with internet patent and other business database searches preferred
- Ability to multi-task and prioritize while working under pressure with tight deadlines is required
- Self-starter with demonstrated history of taking initiative is required
Vaccines (COVID and others) are a requirement of the job unless you have an exemption on a medical ground pursuant to the Ontario Human Rights Code.
If you are interested in making your contribution at UHN, please apply on-line. You will be asked to copy and paste as well as attach your resume and covering letter. You will also be required to complete some initial screening questions.
Posted Date: April 14, 2022 Closing Date: Until filled
For current UHN employees, only those who have successfully completed their probationary period, have a good employee record along with satisfactory attendance in accordance with UHN's attendance management program, and possess all the required experience and qualifications should apply.
UHN thanks all applicants, however, only those selected for an interview will be contacted.
UHN is a respectful, caring, and inclusive workplace. We are committed to championing accessibility, diversity and equal opportunity and welcomes all applicants including but not limited to: all religions and ethnicities, LGBTQ2s+, BIPOC, persons with disabilities and all others who may contribute to the further diversification of ideas. Requests for accommodation can be made at any stage of the recruitment process providing the applicant has met the Bona-fide requirements for the open position. Applicants need to make their requirements known when contacted.