Senior Licensing Associate

Senior Licensing Associate US-NY-Einstein/Resnick - Bronx Job ID: 2025-17633Employee Classification: ExemptDepartment: Office of BiotechnologyPosition Type: Regular Full-TimeAlbert Einstein College of Medicine About Us Einsteins Office of Biotechnology and Business Development is looking to recruit a Senior Licensing Associate to serve a key role in the Offices strategic and revenue-driving operations. POSITION RESPONSIBILITIES The main purpose of this position is to increase Einstein's licensing and collaborative relationships with commercialization partners (industry, entrepreneurs, investors). The incumbent is expected to effectively manage a portfolio of life science, biotech and healthcare technologies across the full-life cycle of technology management. The Associate will identify novel intellectual property assets developed at Einstein, solicit new invention disclosures, evaluate technologies for commercial potential, participate in the development of commercial strategies, identify/assess licensees, draft license terms (financial and non-financial), negotiate, execute, and manage license agreements, inclusive of equity-bearing licensing relationships and other high-value initiatives and related projects. The Associate will also participate in project managing activities related to Einsteins 2030 Acceleration Fund.The ideal candidate will have a deep understanding of early-stage product development, be able to manage and prioritize a large portfolio of projects under time/resource constraints, concisely communicate in oral and written forms, and collaborate effectively with multiple stakeholders and clients that lead to win-win outcomes. 1. Synthesize scientific/technical information/data of early-stage inventions to understand the commercial potential and articulate the value proposition and commercial impact to potential commercialization partners, including entrepreneurs and investment groups 2. Evaluate Einstein technologies for their commercial/licensing/economic development potential: The incumbent will be expected to combine an understanding of patent law, science/technology, and commercial development with some industry and market experience and financial acumen 3. Source and evaluate potential commercial partners for Einstein intellectual property assets, including start-up and other investment opportunities 4. Draft and negotiate various agreements and term sheets (i.e., license, options, revenue-sharing, inter-institutional, preliminary patent management, confidentiality and collaboration) on behalf of Einstein 5. Diligently shepherd agreements through the negotiation and execution phases, by capturing discussions and intent in written agreements and effectively communicating status updates to investigators and upper management, as needed, on a timely basis 6. Demonstrate ability to serve as lead negotiator in high-profile exclusive license agreements and agreements with start-ups involving equity and shareholder rights agreements 7. Solicit and assess new inventions for intellectual property protection and commercialization 8. Understand Einstein/Montefiore scientific assets from various scientific disciplines and confidently interact with faculty/researchers/clinicians 9. Establish a high level of understanding of Einstein faculty research interests and achievements and communicate and promote the information to form new collaborative opportunities internally and externally 10. Develop and execute innovative strategies for the development/commercialization of technologies and actively market technologies to third parties: For any given technology the incumbent would be expected to develop and implement a marketing strategy. 11. Leverage and establish new relationships with industry/pharma/drug development/regulatory professionals to engage with Office and provide critical feedback and insights into Einstein IP assets to prime