Principal, Business Development and Commercialization

UHN Commercialization; Toronto; On-site; CAD 115,730 - 165,730; Full time

Benefits offered by this job

Competitive offer packages

Flexible work environment

Corporate discounts on travel, restaurants, parking, phone plans, etc.

Job summary

UHN Commercialization in Toronto, Ontario, is seeking a Principal for Business Development and Commercialization. This individual will advance UHN's research objectives by managing stakeholder relationships and overseeing research agreements within the Princess Margaret Cancer Centre.

The ideal candidate will have over 10 years of experience, a Master’s degree preferably in a related field, and expertise in negotiating licensing agreements. This temporary full-time position offers a salary range of CAD 115,730 – 165,730 annually.

Qualifications

• Minimum of 10 years relevant business experience.
• Demonstrated expertise in clinical and translational research environments.
• Experience negotiating and completing research support and licensing deals.

Responsibilities

• Engage researchers to translate research into licensing opportunities.
• Drive deal flow and contract execution.
• Lead negotiations for licensing and sponsored research agreements.

Skills

Business Development

Negotiation

Research Commercialization

Stakeholder Management

Education

Master’s degree in oncology, immuno-oncology or related field

PhD or MBA (preferred)

Job description

Principal, Business Development and Commercialization

• Contract
• Department: Research
• Compensation: CAD 59.35 – 89.03 hourly

UHN is Canada’s #1 hospital and the world’s #1 publicly funded hospital. With 10 sites and more than 44,000 TeamUHN members, UHN hosts Toronto General Hospital, Toronto Western Hospital, Princess Margaret Cancer Centre, Toronto Rehabilitation Institute, The Michener Institute of Education and West Park Healthcare Centre. As a research‑driven institution, UHN has the largest hospital‑based research program in Canada, covering neurosciences, cardiology, transplantation, oncology, surgical innovation, infectious diseases, genomic medicine and rehabilitation medicine, and is affiliated with the University of Toronto.

Union: Non-Union
Number of vacancies: 1
New or Replacement Position: New
Site: Mars/Hybrid
Department: Commercialization
Reports to: Ernest Ho
Salary Range: $115,730 – $165,730 per annum
Hours: 37.5
Shifts: Days
Status: Temporary Full-Time
Closing Date: July 22, 2026

Position Summary

Research at UHN is comprised of two major institutes: Princess Margaret Cancer Centre and UHN Research Institutes. The Business Development and Commercialization Principal will advance UHN’s research commercialization objectives by driving efficient execution and timely turnaround of licensing, sponsored research and other research‑related agreements across the assigned portfolio, primarily within Princess Margaret Cancer Centre.

This dynamic, commercially minded professional will manage complex stakeholder relationships in fast‑paced research and industry environments, support revenue‑generation activities, and lead negotiations for licensing and sponsored research agreements.

Duties

• Proactively engage researchers to translate research activities into executable licensing and sponsored research opportunities.
• Drive deal flow and contract execution, ensuring timely negotiation and completion of agreements.
• Support and lead opportunities for UHN commercialization funds and external ecosystem funding.
• Own the assigned portfolio’s contracting activities, leading negotiation and turnaround of sponsored research, licensing and related agreements, including confidentiality and service agreements.
• Coordinate internal stakeholders to reduce cycle times and remove bottlenecks in contract approvals.
• Work closely with Licensing & Commercialization, IP Management, Marketing, Operations, Research Legal and the UHN Foundation to align contracts with institutional policies while enabling rapid deal execution.

Qualifications

• Minimum of 10 years relevant business experience or equivalent.
• Master’s degree in oncology, immuno‑oncology or related field, preferably with a translational research or commercialization specialization; PhD and/or MBA highly preferred.
• Demonstrated expertise in clinical and translational research environments with strong knowledge of clinical oncology.
• Experience negotiating and completing research support, licensing and/or partnership deals.
• Strong knowledge of licensing practice and capacity to evaluate detailed legal agreements.
• Experience in pharmaceutical or biotech business development, technology transfer, venture capital or related environment.
• Good knowledge of patent practice.
• Experience launching and leading startup biotech companies is an asset.
• Knowledge of internet patent and other database searches desirable.
• Ability to multi‑task, prioritize and work under pressure with tight deadlines.
• Self‑starter with a track record of initiative.
• Comfort communicating to a range of stakeholders from researchers to CEOs, from a business and science perspective.

Benefits

• Competitive offer packages
• Close access to transit and UHN shuttle service
• Flexible work environment
• Opportunities for development and promotions within a large organization
• Additional perks (corporate discounts on travel, restaurants, parking, phone plans, auto insurance, on‑site gyms, etc.)

UHN is an equal‑opportunity employer committed to an inclusive recruitment process and workplace. Requests for accommodation can be made at any stage of the recruitment process. Applicants should make their requirements known.