Business Development Manager Physical Sciences

NYU Grossman School of Medicine is one of the nation's top-ranked medical schools. For 175 years, NYU Grossman School of Medicine has trained thousands of physicians and scientists who have helped to shape the course of medical history and enrich the lives of countless people. An integral part of NYU Langone Health, the Grossman School of Medicine at its core is committed to improving the human condition through medical education, scientific research, and direct patient care. At NYU Langone Health, equity and inclusion are fundamental values. We strive to be a place where our exceptionally talented faculty, staff, and students of all identities can thrive. We embrace inclusion and individual skills, ideas, and knowledge. For more information, go tomed.nyu.edu, and interact with us on LinkedIn, Glassdoor, Indeed, Facebook, XandInstagram.Position Summary:We have an exciting opportunity to join our team as a Business Development Manager - Physical Sciences. The Business Development manager resides within NYU Langone Healths Technology Opportunities & Ventures (TOV) unit, which oversees the protection, management, and commercialization of the institutions intellectual property.Manages activities related to the disclosure and protection of new inventions and the transfer of innovations from NYU (including the School of Medicine, Main Campus, and Tandon School of Engineering) to the marketplace, with a focus on the areas of physical sciences, software implemented technologies, software/hardware systems, medical devices, and digital health. This includes assessing the commercial potential of new invention disclosures from faculty, identifying potential commercial partners, providing evaluations to management on the potential for startup formation, marketing to companies, and participating on the deal team to negotiate research and license agreements and post-deal diligence. Develops and leads new initiatives for commercialization of NYU technologies.Job Responsibilities: * Engage with Researchers: Meet with researchers to understand their work, inform them about intellectual property considerations, and encourage invention disclosures. * Communication and Relationships: Demonstrate excellent cooperation, collaboration, and communication with all NYULH employees. Communicate directly with Principal Investigators (PIs) and other scientists, and coordinate the delivery of results to external collaborators. Ensure accurate, clear, and confidential communication to respond appropriately, address inquiries, and relay necessary information effectively. * Investor Outreach: Conduct outreach to venture capital firms, investor groups, and entrepreneurs, maintaining awareness of investment trends. Provide guidance to interns developing business plans for NYU technologies * Monitoring and Compliance: Monitor signed agreements with companies to stay informed of changes in company focus, personnel, or resources, and the status of ongoing research, product development, and protection of follow-on inventions. Maintain long-term relationships, ensure compliance with agreements, and identify when amendments are necessary. * Negotiation of Agreements: Negotiate license and research agreements with companies in consultation with the inventor/PI, Senior Director of Life Sciences Technology Transfer, and Executive Director. Responsibilities include negotiating key terms, drafting agreements from approved templates, and finalizing the agreements. Maintain long-term relationships with industry partners, seek consensus with faculty on licensing strategies, and use clear language to avoid misunderstandings. Aim for mutually beneficial terms that adhere to University policies while ensuring attractive returns for both parties. * Research and Development Interests: Research and assess companies active research and development interests. Schedule meetings with company representatives and attend conferences to network with personnel responsib