Job Posting #897151
Licensing and Commercialization Professional, Commercialization Investment Programs
MaRS – Heritage Building
Commercialization at UHN
Director - Commercialization at UHN
Do you have a passion for seeing research discoveries become life-saving reality? Do you have what it takes to drive winning partnerships 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!
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-launchedCommercialization 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.
Funding Commercialization at UHN
UHN has a unique technology incubation model which provides significant in-house funding to help early-stage technologies advance to the point of commercialization readiness, helping our top-tier science convert into products and treatments with potential to impact patients world-wide.
This model is currently executed by Commercialization at UHN with support from the Princess Margaret Cancer Foundation via the Princes Margaret Cancer Centre Innovation Acceleration Fund (IAF), and has allowed our oncology technologies and start-ups to gain the confidence and investments of major industry partners. Without this critical internal de-risking mechanism enabled by this commercialization fund, UHN innovations with potential patient impact risk unrealized potential.
As a major component of our recently-launched Commercialization Lives Here strategy, and at the forefront of institutional de-risking in North America, our in-house commercialization funding program—with the support of our Foundations- will be expanding across the entire organization as well as into first-in-human studies, for both our in-house developed technologies and those of other organizations in a risk-sharing approach. This will be the marquee commercialization platform for de-risking and partnering off the most commercially-relevant technologies in the Toronto biotech ecosystem.
In this role as Professional - Commercialization Investment Programs, you will provide leadership in ensuring the success in three main areas: the delivery, coordination, and expansion of UHN’s commercialization funding programs.
Successful funding program delivery will include leading the operational management and execution of regular calls for proposals within active programs. Critical related activities include program promotion, scheduling, portfolio management, activity/outcomes reporting, and collecting and monitoring related KPIs. You will also be responsible for reviewer board management including recruiting expert reviewers, facilitating funds allocation to successful proposals, and liaising with finance and other key internal stakeholders as necessary.
You will further provide leadership for the expansion of UHN’s funding programs. With support from Commercialization at UHN leadership, you will engage internal and external stakeholders to develop and launch new programs, including cultivating key stakeholder relationships, securing buy-in and funding, and establishing critical operational infrastructure and processes to enable program launch and operation. Key stakeholders will include both internal UHN departments, including Research Finance and Research Institute leadership, as well as external parties within the Princess Margaret Cancer Foundation, the UHN Foundation, and other ecosystem partners to establish funding models and overarching program-specific commercialization agreements.
You will also ensure coordination of all existing and new funding programs. Working closely with Commercialization at UHN leadership and UHN Research Institute Principals, you will integrate and align these with other internal programs such the Peter Munk Cardiac Center Fund and PM Grand Challenges, as well as with external ecosystem partner programs; this will serve to maximize access and leverage opportunities for priority UHN Commercialization projects and technologies.
You will also work closely with the Commercialization communications and operational leads to ensure integration of funding programs into departmental communication and Board and external stakeholder reporting and fundraising functions. Finally, you will also manage the strategic planning and preparation of reports on funding programs to UHN Leadership and Board, and support or lead additional special projects of relevance, as required.
- Completion of a Master’s degree in Life Sciences or Medical Technology or equivalent experience required; PMP and/or MBA highly preferred
- Minimum of 7 years of relevant business development experience or equivalent
- Extensive experience related to operating funding programs and/or project portfolio administration, preferably philanthropic or venture capital industry experience
- Extensive experience related to launching new funding programs, including securing funding and establishing funding governance processes
- Experience related to strategy implementation?
- Track record of success in negotiating partnership deals is required
- Demonstrably superior relationship management abilities
- Demonstrably superior project management capabilities
- Capacity for understanding and evaluating detailed legal agreements required
- Must demonstrate outstanding communication and collaboration skills, and be able to represent the values of the Commercialization team including the provision of excellent client service
- Ability to multi-task and prioritize while working under pressure with tight deadlines is required
- Self-starter with demonstrated history of taking initiative
- Strong presentation skills required
- Ability and comfort communicating to a range of stakeholders, from researchers to CEO’s, from a business and science perspective
- Source: https://www.uhnresearch.ca/news/canadas-top-research-hospital-2
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 cover letter. You will also be required to complete some initial screening questions.
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.