Description

University Overview

The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Penn’s distinctive interdisciplinary approach to scholarship and learning. As an employer Penn has been ranked nationally on many occasions with the most recent award from Forbes who named Penn one of America’s Best Large Employers in 2023.

Penn offers a unique working environment within the city of Philadelphia. The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities. With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play.

The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more.

Posted Job Title

Assistant Director, Technology Licensing

Job Profile Title

Assistant Director, Technology Licensing

Job Description Summary

Reporting to the Executive Director of Licensing for Penn’s Perelman School of Medicine (PSOM), this position leads the identification, evaluation, protection, marketing, and licensing of PSOM technologies that have commercial potential. The individual proactively develops and strengthens relationships with PSOM investigators and industry partners, facilitates research collaborations with companies, and negotiates option, license, and related agreements for intellectual property and tangible research materials with both established and start up entities. The role also supports post agreement relationship management with company partners and serves as a key, highly collaborative member of the PSOM licensing team, providing excellent service to investigators and external partners while advancing PCI’s mission to translate Penn Medicine innovations into real world impact.

Job Description

Job Responsibilities

• Proactively develop, lead, and sustain strong working relationships with faculty and researchers in targeted PSOM departments.  Meet regularly with investigators to discuss ongoing research and identify technologies with commercial potential, serving as the primary PCI point of contact for assigned investigators and/or departments.
• Evaluate assigned technology disclosures to determine their commercial potential and to develop and recommend wellarticulated, diligently justified “go/nogo” decisions regarding whether to pursue patent protection.  Present and support these recommendations, along with proposed IP and commercialization strategies, at weekly Patent Investment Meetings (PIM).
• Identify and actively engage with potential industry partners and investors; perform due diligence on prospective commercial partners and conduct technology valuation to inform deal strategy and structure.  Initiate and lead the negotiation of licensing and option agreements, and assist with sponsored research and other researchrelated agreements with commercial entities, as required.  Be responsive to the needs of key internal and external PCI clients and help manage relationships with company partners following agreement execution.
• Develop commercialization strategies for assigned technologies and technology portfolios, including assessment of market need, commercial potential, competitive landscape, and appropriate commercialization pathways.  Perform market analysis to identify commercial opportunities, including identification of and outreach to targeted commercial partners and investors.  Prepare nonconfidential marketing materials for assigned technologies, with the assistance of PCI’s Marketing, Communications and Programs (MCP) team, as appropriate.
• Participate in outreach activities to engage and educate PSOM faculty, researchers, and trainees about technology commercialization pathways and PCI resources. Help plan and deliver seminars, workshops, and events, and support programs designed to promote engagement with corporate partners and increase awareness of opportunities to work more closely with Penn and PCI.

Qualifications

• Ph.D. required in a life science field, or equivalent doctoral degree, plus either 2-5 years of related experience or equivalent combination of education and experience
• Understanding of research environment, preferably in higher education
• Excellent customer service skills
• Excellent oral and written communication skills

Job Location - City, State

Philadelphia, Pennsylvania

Department / School

Provost's Center

Pay Range

$92,592.00 - $130,000.00 Annual Rate

Salary offers are made based on the candidate’s qualifications, experience, skills, and education as they directly relate to the requirements of the position, and in alignment with salary ranges based on external market data for the job’s level. Internal organization and peer data at Penn are also considered.

Equal Opportunity Statement 

The University of Pennsylvania is an equal opportunity employer. Candidates are considered for employment without regard to race, color, sex, sexual orientation, religion, creed, national origin (including shared ancestry or ethnic characteristics), citizenship status, age, disability, veteran status or any class protected under applicable federal, state or local law.

Special Requirements 
Background checks may be required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job.

University Benefits

• Health, Life, and Flexible Spending Accounts: Penn offers comprehensive medical, prescription, behavioral health, dental, vision, and life insurance benefits to protect you and your family’s health and welfare. You can also use flexible spending accounts to pay for eligible health care and dependent care expenses with pre-tax dollars.

• Tuition: Take advantage of Penn's exceptional tuition benefits. You, your spouse, and your dependent children can get tuition assistance here at Penn. Your dependent children are also eligible for tuition assistance at other institutions.

• Retirement: Penn offers generous retirement plans to help you save for your future. Penn’s Basic, Matching, and Supplemental retirement plans allow you to save for retirement on a pre-tax or Roth basis. Choose from a wide variety of investment options through TIAA and Vanguard.

• Time Away from Work: Penn provides you with a substantial amount of time away from work during the course of the year. This allows you to relax, take vacations, attend to personal affairs, recover from illness or injury, spend time with family—whatever your personal needs may be.

• Long-Term Care Insurance: In partnership with Genworth Financial, Penn offers faculty and staff (and your eligible family members) long-term care insurance to help you cover some of the costs of long-term care services received at home, in the community or in a nursing facility. If you apply when you’re newly hired, you won’t have to provide proof of good health or be subject to underwriting requirements. Eligible family members must always provide proof of good health and are subject to underwriting.

• Wellness and Work-life Resources: Penn is committed to supporting our faculty and staff as they balance the competing demands of work and personal life. That’s why we offer a wide variety of programs and resources to help you care for your health, your family, and your work-life balance.

• Professional and Personal Development: Penn provides an array of resources to help you advance yourself personally and professionally.

• University Resources: As a member of the Penn community, you have access to a wide range of University resources as well as cultural and recreational activities. Take advantage of the University’s libraries and athletic facilities, or visit our arboretum and art galleries. There’s always something going on at Penn, whether it’s a new exhibit at the Penn Museum, the latest music or theater presentation at the Annenberg Center, or the Penn Relays at Franklin Field to name just a few examples. As a member of the Penn community, you’re right in the middle of the excitement—and you and your family can enjoy many of these activities for free.

• Discounts and Special Services: From arts and entertainment to transportation and mortgages, you'll find great deals for University faculty and staff. Not only do Penn arts and cultural centers and museums offer free and discounted admission and memberships to faculty and staff. You can also enjoy substantial savings on other goods and services such as new cars from Ford and General Motors, cellular phone service plans, movie tickets, and admission to theme parks.

• Flexible Work Hours: Flexible work options offer creative approaches for completing work while promoting balance between work and personal commitments. These approaches involve use of non-traditional work hours, locations, and/or job structures.

• Penn Home Ownership Services: Penn offers a forgivable loan for eligible employees interested in buying a home or currently residing in West Philadelphia, which can be used for closing costs or home improvements.

• Adoption Assistance: Penn will reimburse eligible employees on qualified expenses in connection with the legal adoption of an eligible child, such as travel or court fees, for up to two adoptions in your household.

To learn more, please visit: https://www.hr.upenn.edu/PennHR/benefits-pay