Innovation Associate

TechPipeline, Inc.; Winston-Salem (NC); Hybrid; USD 109,459,000 - 164,188,000; Full time

Benefits offered by this job

Medical and welfare benefits

Educational Assistance Program

Paid Time Off

Retirement plan with employer match

Parental leave

Job summary

Wake Forest University School of Medicine is seeking an Innovation Associate to manage a portfolio of invention disclosures, perform technology assessments, and guide commercialization strategies across the enterprise.

The hybrid role requires collaboration with researchers and licensing staff, includes marketing outreach and drafting licensing agreements, and offers benefits with paid time off, retirement options, and educational assistance.

Qualifications

• Master's degree in Biomedical Sciences or related field.
• Minimum of 1 year of related experience.
• Doctoral degree in life science field with tech transfer experience is a plus.

Responsibilities

• Supports multiple projects and analyzes inventions and tech landscape.
• Engages researchers to evaluate inventions and licensing strategies.
• Writes marketing summaries and identifies licensing partners.
• Coordinates licensing and commercialization activities with OTT.
• Reviews licensee compliance and required reporting.

Skills

Team collaboration

Project coordination

Communication skills

Analytical skills

Biotech understanding

Clinical knowledge

Education

Master's degree in Biomedical Sciences or related field

Tools

Sophia database

Job description

Wake Forest University School of Medicine: Innovation Associate

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Status: Full time
Benefits Eligible: Yes
Hours Per Week: 40
Pay Range: $38.20 - $57.30

Hybrid work schedule (2-3 days in the office). Teammate is expected to come into the office for live events and meetings to support our Innovators and learn about our innovation ecosystem.

Major Responsibilities

• Supports multiple, concurrent projects emanating from units across the enterprise. Gathers data and interprets inventions and new technologies, completes technology assessments by analyzing the competitive and patent landscape to draw conclusions and/or make recommendations regarding their potential for commercialization.
• Engages with innovators including researchers, faculty and staff to identify and evaluate new inventions, innovations and business opportunities and to obtain necessary information to guide development of commercialization strategies within his/her portfolio of cases and assists licensing managers with the same as needed.
• Teammate innovator support and education with respect to inventions, intellectual property, commercialization, and Enterprise policies.
• Manages assigned portfolio through diligent and accurate use of the appropriate database(s) in use in the Office, for example, Sophia.
• Develops and implements marketing outreach strategies for invention disclosures and cases, by writing marketing summaries, and identifying and engaging with potential licensing partners.
• Assists licensing managers to identify, initiate contact with and negotiate with potential licensees.
• Writes, designs and presents deliverables in a logical, clear and concise manner for various audiences within and outside of the Office and the enterprise, (e.g. senior management, innovators, administration, and others, as necessary).
• Coordinates licensing and commercialization activities with other members of the Office of Technology Transfer for Advocate Health as appropriate.
• Assists with creating and presenting materials for outreach sessions to help build awareness of opportunities and obligations related to the reporting, protection and licensing of intellectual property.
• Reviews and manages licensee compliance and required reporting for portfolio cases.
• Identifies, initiates contact with, negotiates and drafts licensing agreements for tangible materials.
• Review of publications for potential undisclosed innovations.
• Coordinates with management and Office of Technology Transfer's leadership team to prepare and maintain OTT's standard operating procedures and forms for technology transfer operations.
• Identifies diverse sources of funding (North Carolina Biotechnology Center, Foundations, etc.) and raises awareness amongst teammate innovators. Assists with the application process as needed.

Education Required

Master's Degree in Biomedical Sciences or a related field.

Work Experience Required

• Minimum of 1 year of related experience.
• An equivalent combination of education, training, and/or experience may be substituted for the requirements noted.

Required Knowledge, Skills and Abilities

• Ability to function in a fast-paced team environment.
• Very strong organizational skills; attention to detail and high-quality work standards; ability to work relatively independently.
• Strong analytical and organizational, interpersonal, oral, and written communication skills.
• Ability to interact creatively and harmoniously with coworkers and inventors.
• Demonstrated ability to handle multiple tasks simultaneously and complete projects in a timely manner.
• Technical aptitude and experience understanding complex biological and medical technologies.

Preferred Knowledge, Skills and Abilities

• You have a doctoral degree in a life science-related field and experience in technology transfer and/or contracting.
• Experience in university or federal laboratory technology transfer is a plus. Relevant industry experience is advantageous.
• You are an excellent communicator and can provide excellent customer support to all stakeholders of a growing healthcare and research enterprise.
• You possess sound decision-making skills and balanced judgment, with the flexibility of thought and style needed to maximize interactions with teammate innovators and commercialization stakeholders.
• You are a dependable team member and can work well within a dynamic, results-oriented group.

#WFUSM

This job description indicates the general nature and level of work expected of the incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the incumbent. Incumbent may be required to perform other related duties.

Our Commitment to You

Advocate Health offers a comprehensive suite of Total Rewards: benefits and well-being programs, competitive compensation, generous retirement offerings, programs that invest in your career development and so much more - so you can live fully at and away from work, including:

Compensation

• Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training.
• Premium pay such as shift, on call, and more based on a teammate's job.
• Incentive pay for select positions.
• Opportunity for annual increases based on performance.

Benefits and more

• Paid Time Off programs.
• Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability.
• Flexible Spending Accounts for eligible health care and dependent care expenses.
• Family benefits such as adoption assistance and paid parental leave.
• Defined contribution retirement plans with employer match and other financial wellness programs.
• Educational Assistance Program.

Note: Eligibility for programs listed above may depend on your FTE or status (e.g., full-time, part-time, per diem, temporary, etc.); please ask a Recruiter for more information during an interview.