Job Purpose:
To Initiate, manage, and monitor commercialization of Biomedical Science focused research outcomes through innovative commercialization models and mechanisms
Key Result Areas
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Create, manage, and monitor University Biomedical Science (BIO) focused technology portfolio towards a commercial route to market
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Lead HBKU R&D Corp. BIO focused commercialization activities from initiation to completion
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Perform Innovation Readiness Level (IRL) Assessments regularly to develop systems and processes alongside colleagues, by which projects can be managed efficiently and effectively
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Identify commercialization opportunities and to determine optimal commercialization pathways for the University’s BIO focused intellectual outcomes
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Increase the number and/or quality of successful technology and knowledge transfer agreements via either licensing, service agreements, product creation and dissemination or spin-out company formation in partnership with the relevant OIIR Team
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Conduct market research to identify opportunities and use insights to guide and shape commercialization strategies
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Support preparation of internal commercialization strategy documents, policies, and procedures
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Prepare, review, assess, and manage research commercialization agreements
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Manage the commercial transactions and ensure compliance license obligations in collaboration with relevant OIIR Team member (s)
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Participate where required in university-wide communications events to increase awareness, interest in and demand for research commercialization, including staff development
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Drive standardization and continuous improvement of commercialization activities
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Produce appropriate real-time reports and data analyses
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Represent the OIIR on appropriate groups, committees or bodies that may be constituted from time to time
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Build and maintain effective relationships with HBKU members
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Identify and promote external funding opportunities for commercialization activities in collaboration with relevant OIIR Team member (s)
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Facilitate and develop commercialization partnerships with key national, regional, and international industries, government, and research entities
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Provide advice and guidance to OIIR ED on research activities that are potential external investment or commercialization opportunities
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Ensure compliance with relevant legislation, University policies and procedures in respect of intellectual property, patents, licensing, and commercialization activities
Minimum Knowledge, Skills & Experience:
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Bachelor's degree in law, business, economics or relevant engineering and 8-10 years of relevant full-time work experience, 3 of which at a supervisory level. Postgraduate degree is an advantage.
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Extensive experience in Biomedical Science (BIO) focused idea/product/technology commercialization, business development, and technology & knowledge transfer.
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Strong knowledge and experience in innovation ecosystem within and beyond Academia.
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In depth knowledge of market dynamics, regulatory requirements, and industry trends in Biomedical Science sector.
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Excellent knowledge of funding and investment processes for new technologies
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Strong understanding of market dynamics, industry trends, regulatory requirements and compliance, related to biomedical technologies and products.
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Proven track record of successfully bringing biomedical research or technologies to market.
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Excellent interpersonal and communication skills with proven ability to develop and maintain effective business relationships
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Excellent writing skills with the ability to draft and edit a variety of written reports and communications and to articulate ideas clearly and concisely; Arabic proficiency is an advantage.
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Proficiency in MS Office applications