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Business Development and Commercialization Principal
4 months ago
The University Health Network, where "above all else the needs of patients come first", encompasses Toronto 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.
Job DescriptionUnion: Non-Union
Site: Mars Heritage Building
Department: Commercialization at UHN
Reports to: Director, Commercialization at UHN
Work Model: Hybrid
Grade: N0:14
Hours: 37.5 per week
Salary: $109,090.80 to $136,363.50 annually
Status: 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 a healthier world?
Do you aspire to be at the very heart of Toronto's thriving life sciences ecosystem?
Join Canada's leader in medical research commercialization and work with some of the best and brightest in the field.
Why join the Commercialization at UHN team?
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.
Commercialization is one of UHN's top 5 Strategic Priorities. 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. You'll play a critical role in taking ground-breaking discoveries one big step closer to actively changing patient lives. 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 our Commercialization 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., Treadwell Therapeutics, AvroBio, and more. These companies, first incubated within UHN, are among many others that have collectively injected more than $5 billion into the economy.
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. The concentration of world-class AI scientists, researchers, and clinicians, supported by state-of-the art infrastructure within UHN represents one of the world's largest and as yet largely untapped opportunities for commercialization. Indeed, many new inventions at UHN now engage AI in some way, from AI algorithms used to augment diagnostic capacity for identifying cancer biomarkers in the blood, to triaging patients for specialized cardiac treatment, to a host of other novel and emerging applications across the healthcare spectrum.
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. The potential to capitalize on these technologies and partnership is still emerging, and Commercialization at UHN needs a true visionary to lead the charge
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. This will include close interaction with AI researchers and capabilities across the organization.
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; and you will hold a "roll-up your sleeves", " do what it takes" attitude that embraces UHN's core vision of creating a healthier world.
QualificationsEducation:
- 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.
Experience:
- Minimum of 10 years of relevant business experience or equivalent.
- 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 ($>1M value) partnership deals is required.
- 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.
Professional Affiliations/Memberships:
- Affiliation with biomedical research or other relevant associations would be an asset.
Leadership/Additional Skills:
- Strong capacity for understanding and evaluating detailed legal agreements required.
- Good knowledge of intellectual property protection required.
- Very good knowledge of licensing practice required.
- Excellent knowledge of biotechnology, pharmaceutical, and/or venture capital markets required.
- Strong presentation skills required.
- Ability to multi-task and prioritize while working under tight deadlines is required.
- Self-starter with a demonstrated history of taking initiatives is required.
- Ability and comfort communicating to a range of stakeholders, from researchers to CEO's, from a business and science perspective is required.
Why join UHN?
In addition to working alongside some of the most talented and inspiring healthcare professionals in the world, UHN offers a wide range of benefits, programs and perks. It is the comprehensiveness of these offerings that makes it a differentiating factor, allowing you to find value where it matters most to you, now and throughout your career at UHN.
- Competitive offer packages
- Government organization and a member of the Healthcare of Ontario Pension Plan (HOOPP )
- Close access to Transit and UHN shuttle service
- A flexible work environment
- Opportunities for development and promotions within a large organization
- Additional perks (multiple corporate discounts including: travel, restaurants, parking, phone plans, auto insurance discounts, on-site gyms, etc.)
Current UHN employees must have successfully completed their probationary period, have a good employee record along with satisfactory attendance in accordance with UHN's attendance management program, to be eligible for consideration.
All applications must be submitted before the posting close date.
UHN uses email to communicate with selected candidates. Please ensure you check your email regularly.
Please be advised that a Criminal Record Check may be required of the successful candidate. Should it be determined that any information provided by a candidate be misleading, inaccurate or incorrect, UHN reserves the right to discontinue with the consideration of their application.
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.
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 need to make their requirements known.
We thank all applicants for their interest, however, only those selected for further consideration will be contacted.
