Associate, Business Development and Licensing at Mass General Brigham in Somerville, Massachusetts

Job Description:

As a not-for-profit organization, Mass General Brigham is committed to supporting patient care, research, teaching, and service to the community by leading innovation across our system. Founded by Brigham and Women's Hospital and Massachusetts General Hospital, Mass General Brigham supports a complete continuum of care including community and specialty hospitals, a managed care organization, a physician network, community health centers, home care, and other health-related entities. Several of our hospitals are teaching affiliates of Harvard Medical School, and our system is a national leader in biomedical research.


We're focused on a people-first culture for our system's patients and our professional family. That's why we provide our employees with more ways to achieve their potential. Mass General Brigham is committed to aligning our employees' personal aspirations with projects that match their capabilities and creating a culture that empowers our managers to become trusted mentors. We support each member of our team to own their personal development-and we recognize success at every step.


Our employees use the Mass General Brigham values to govern decisions, actions, and behaviors. These values guide how we get our work done: Patients, Affordability, Accountability & Service Commitment, Decisiveness, Innovation & Thoughtful Risk; and how we treat each other: Diversity & Inclusion, Integrity & Respect, Learning, Continuous Improvement & Personal Growth, Teamwork & Collaboration.



General Overview



Innovation is a 140 person Mass General Brigham business development unit responsible for the worldwide commercial application of the breakthroughs and unique capabilities of the System's 80,000 employees and faculty. It drives revenue generation and patient benefit through industry collaborations, investing, company creation, licensing, and innovation management for the System's Harvard Medical School appointed faculty and hospitals including its core Harvard affiliates -- Brigham and Women's Hospital, Massachusetts General Hospital, Massachusetts Eye and Ear and McLean Hospital.


Within the Innovation function, the Business Development & Licensing team manages a significant portfolio of medical innovations, driving business development activities, commercial assessment of early stage inventions, and management of intellectual property. Our team has an impressive track record of identifying, shaping and executing deals to drive commercialization of Mass Gereral Brigham discoveries and innovations through strategic engagement with industry executives, investors and Mass General Brigham's innovators.



Principal Duties and Responsibilities



The Associate is a 2-year, entry level opportunity for an individual with a strong science/technology background and interest in academic deal-making to assist with the commercialization of transformative medical innovations. As an integral member of the Business Development & Licensing team, the Associate will gain experience in technology assessment, deal structuring and deal negotiation in a collaborative environment.


Overall Responsibilities:
• Interfaces with leading Mass General Brigham clinicians, investigators, innovators in assigned domains of disease and or therapeutic modality.
• Conducts assessments of commercial market, unmet need, patentability and stage of development on early stage medical innovations.
• Assists with management of intellectual property portfolios and licensing agreements.
• Contributes to structuring, drafting and negotiation of intellectual property agreements.



Qualifications

Qualifications



• PhD with strong interest in the commercialization of early-stage healthcare innovations, or
• Masters degree in business, law or sciences with a minimum of 1 year of directly relevant business development, licensing, IP management, technology commercialization or deal making experience.
• Curiosity with deep interest in learning about new technology, invention and deal process.
• Highly organized with ability to prioritize effectively and concurrently manage multiple opportunities and relationships with competing deadlines.
• Exceptional verbal, writing, presentation and analytical skills.



Skills/Abilities/Competencies



Invention Assessment
• Assists team members in assessment of commercial potential, translational readiness and value of early stage inventions.


Deal-Making
• Guided by senior team members, develops commercialization strategies to optimize commercial impact of Mass General Brigham discoveries, including identification and engagement of potential licensees, investors, and collaborators.
• Leads internal due diligence of commercialization pathways and potential licensees.
• Contributes to structuring, drafting and negotiation of agreements.


Portfolio Management
• Assists senior team members with management of existing licensees.
• Supports internal processes across Licensing team to deliver robust, well-vetted IP portfolios.


Leadership
• Credibly represents and positions Mass General Brigham in stakeholder interactions. Leverages scientific expertise to gain the confidence, trust and respect of clinicians, scientists, investors, industry representatives, entrepreneurs and administrators.


• Possible local travel to Mass General Brigham sites.



EEO Statement

Mass General Brigham is an Equal Opportunity Employer. By embracing diverse skills, perspectives, and ideas, we choose to lead. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under the law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment.