Business Development and Commercialization Principal

2 weeks ago


Toronto, Ontario, Canada University Health Network Full time
Business Development and Commercialization Principal – Data, Digital and Artificial Intelligence
Full-time

Department:

Research The University Health Network, where "above all else the needs of patients come first", encompassesToronto General Hospital, Toronto Western Hospital, Princess Margaret Cancer Centre, Toronto Rehabilitation Institute and the Michener Institute of Education.

The breadth of research, the complexity of the cases treated, and the magnitude of its educational enterprise has made UHN a national and international resource for patient care, research and education.

With a long tradition of ground breaking firsts and a purpose of "Transforming lives and communities through excellence in care, discovery and learning", the University Health Network (UHN), Canada's largest research teaching hospital, brings together over 16,000 employees, more than 1,200 physicians, 8,000+ students, and many volunteers.

UHN is a caring, creative place where amazing people are amazing the world.

Union:

Non-Union Site:
Mars Heritage Building
Department:
Permanent Full-

Time Shifts:
Day shifts

Closing Date:

May 30, 2024 Do you dream of seeing research discoveries become life-saving reality? Do you have what it takes to drive winning partnerships with industry to help create ahealthier world? Join Canada's leader in medical research commercialization and work with some of the best and brightest in the field.

Canada's largest academic research hospital, University Health Network (UHN) has been ranked by Research Infosource as #1 in Canada's Top 40 Research Hospitals since 2011, and our four hospitals are among the top ranked globally.

Based on licensing revenues, UHN stands as Canada's leader in medical research commercialization.

Licensing income generated via commercialization is fully re-invested into UHN's hospitals and research institutes to fuel and sustain innovation and discovery.

In this role, you will have an opportunity to deliver on that priority by becoming involved with some of the most cutting-edge research and medical innovations.

Under your leadership, UHN research discoveries will be developed into digital health tools, devices and diagnostics helping patients in Canada and around the world.

Dream Big with Commercialization at UHN Together with the world-class UHN research community, your work will deliver on ourCommercialization Lives Here strategy , elevating Canada as a world destination for life science commercialization.

You will be working with some of North America's leading life science organizations – and adding to our impressive line-up of start-ups including BlueRock Therapeutics, Trillium Therapeutics, Adela Bio Inc., Hundreds of contracts accelerating research and commercialization partnerships are stewarded by Commercialization at UHN every year, helping bring research that much closer to patient impact.

These include contracts related to the exchange of biomaterials and other enabling tools via Data and Material Transfer Agreements (D/MTAs), academic Collaboration Agreements, and other Research and Commercial Agreements.

While some of these relationships involve academic collaborations with our UHN researchers and clinicians, most involve corporate third-parties such as pharmaceutical and medical device companies, or government agencies.

It is imperative that appropriate legal agreements are in place to govern these relationships as well as to manage and mitigate risk to UHN and UHN patient participants.

Position Summary The Data, Digital and AI commercialization portfolio at UHN represents one of our fastest growing commercialization portfolios.

UHN has recently initiated a number of high-profile programs and partnerships in this space, including an international data sharing partnership platform created together with key world class health-research institutions in the US, Middle East and beyond, as well as the creation of a new AI Hub that leverages a close strategic relationship with Toronto's Vector Institute.

In this role, you will continue to develop UHN's commercialization strategy around Data, Digital and AI to foster and harness commercial opportunity for UHN's uniquely competitive collection of digital assets, including patient derived data, AI-related algorithms, and other digital and software tools; you will then lead strategic execution of these towards the right commercial opportunities, not just within Canada, but globally.

To achieve this mandate, you will work closely with the best clinical, research and IT teams in North America, in coordination with members of the Commercialization at UHN licensing team to identify novel opportunities across all UHN research and clinical areas.

You will also work closely with our IP, legal and data-governance groups to protect and execute on high-profile commercial relationships, whether they be sponsored collaborations, licensing and risk-share opportunities with industry partners, or the creation of spin-off companies, to maximize return on UHN assets and impact to patients.

In order to succeed as the institutional owner of this rapidly accelerating and high-profile portfolio, you will be an experienced digital technology business development professional who brings a demonstrable track record of success in closing R&D and commercialization agreements, including software and related intellectual property licensing deals; you will possess a deep network of private sector, investment and venture connections; you will have demonstrated a career progression suggestive of a passion for the field and application to health-care; At minimum, completion of a Master's degree program or recognized equivalent in Computer Science, Computer Engineering, or related technologies, and/or a specialization in the application of Digital Technologies to Life Sciences or Medical Technology.

PhD or MBA preferred; JD is an asset.

Business Development and or Licensing experience working in digital technology development related to pharmaceutical, biotech, technology transfer, venture capital or related environment required.

~ A demonstrable multi-year track record of success in leading the negotiation of licensing and/or significant ($
~Experience launching and leading start-up technology companies (including sourcing seed and venture capital funding and divestments) would be an asset.
~ Industry experience and/or scientific background in a medical research area relevant to UHN's research mandate would be an asset.
~ Working knowledge of digital privacy laws and regulatory frameworks in Canada and the US as may be relevant to commercialization of digital health technologies is required.
~ Familiarity and comfort working closely with legal professionals to draft and negotiate agreements would be an asset.

Affiliation with biomedical research or other relevant associations would be an asset.

Strong capacity for understanding and evaluating detailed legal agreements required.
Very good knowledge of licensing practice required.
Excellent knowledge of biotechnology, pharmaceutical, and/or venture capital markets required.
Government organization and a member of the Healthcare of Ontario Pension Plan (HOOPP
A flexible work environment
Additional perks (multiple corporate discounts including: travel, restaurants, parking, phone plans, auto insurance discounts, on-site gyms, etc.)

All UHN Employees are required to be fully vaccinated with a COVID-19 vaccine series, approved by Health Canada or the World Health Organization, as a condition of hire.

Proof of COVID-19 vaccination will be required.

Should you be the successful candidate, you will be required to comply with UHN's mandatory Vaccination Policy that is in effect.

Requests for accommodation can be made at any stage of the recruitment process.

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