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Years of Experience
Date Last Verified
ProfileDirector Innovation Center Duties: Establish a program to identify, evaluate, develop and monetize new technologies. Develop and implement a process for initial screening and evaluation, due diligence, negotiation of financial terms with inventors and collaborators, drafting of development milestones, budgeting for development work, creation of capital plans, discussion with potential investors, formation of separate business entities where needed, and promoting the sale or license of biotech innovations. Interact frequently with the legal department and outside counsel regarding agreements relevant to innovation projects. Will manage the Innovation Center budget with the assistance of a part-time financial assistant, and communicate with the Foundation regarding philanthropy related to innovation. Will stay abreast of trends in biotech innovation by attending appropriate conferences and communicating regularly with potential collaborators such as the Trendlines Group and Edison Nation Medical, among others. Will serve on the board of CBRI and report on the innovation pipeline and progress toward innovation goals. Will assist the CBRI Executive Director in communicating with the board.
Qualification and Experience
Qualifications: Bachelor's degree required. Law Degree or Master’s preferred. 8 years professional experience in managing financial transactions relating to technology development is required, preferably in connection with early-stage technologies. 3-5 years of operational management experience is preferred. Strong communication, leadership, and analytical skills are essential, as is understanding of issues relating to technical due diligence, such as intellectual property review, competitive analysis, regulatory pathways and relevant legal and financial structures. Demonstrates excellent critical thinking skills, as well as sound business judgment and discretion in dealing with physicians, nurses, staff, inventors, philanthropists, investors, and collaborators. Maintains a high degree of credibility and commands the respect of the senior management, board level committees and other constituencies, including potential donors. Strives to develop partnerships, teamwork and good working relationships. Demonstrates initiative, practical learning skills, creativity, enthusiasm, and an ability to complete tasks in a timely and accurate manner.