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Technology Transfer: An Alternative Career Path

Technology Transfer: An Alternative Career Path. Presented by the Offices of Biotechnology and Business Development __________________________________ May 6, 2008. “Technology Transfer”. Definition

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Technology Transfer: An Alternative Career Path

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  1. Technology Transfer:An Alternative Career Path Presented by the Offices of Biotechnology and Business Development __________________________________ May 6, 2008

  2. “Technology Transfer” • Definition • “Technology Transfer is the process of transferring scientific findings from one organization to another for the purpose of further development and commercialization.” – Association of University Technology Managers

  3. Our Offices The Office of Biotechnology serves as the Technology Transfer office of the College.  The office facilitates licensing of College technology to industry and research collaborations between industry and faculty. The Office of Business Development is focused on capturing and/or developing novel or more aggressive Technology Transfer opportunities.

  4. Technology Transfer Offices • TTOs can be found where research is conducted • Universities, businesses, non-profit organizations (i.e., NIH, foundations, etc.) • TTOs can also be referred to as: • Office of Industrial Liaison • Technology Commercialization Office • Science and Technology Ventures • Office of Technology Licensing and Industry Relations • Business Development Office • Academic Liaison • Office of Scientific Affairs • Department of Translational Research • …and more…

  5. Backgrounds and experiences Very diverse Educational degrees Science, business, law Roles and responsibilities have a lot of cross-over Patenting Assess novelty of invention (prior art searches) Marketing Highlight value proposition of invention and contact appropriate commercial partners Licensing Negotiate agreement terms with commercial partners and draft agreement Typical Structure of a TTO

  6. Structure of Our Offices

  7. David Schoenhaut, Ph.D. Assistant Director Interest in new technologies, biotech & pharma industry developments, non-incremental science, & “daily news” • Educational background • B.A. Biology (NYU), Ph.D. Biology-Molecular (UPenn) • Career path • Post-doc at Roche • “teamwork”, cross-licensing collaborations • R&D/scientist at big pharma • Consultant – Business Development • Director, Technology Affairs at start-up biotech • Academic Technology Transfer at Einstein • Benefits and comparison

  8. David Silva, Ph.D. Sr. Business Development Analyst • Educational background • B.S. in Microbiology - UMass at Amherst • Ph.D. in Biochemistry - BU School of Medicine • Factors that influenced career decision • Personal and professional • Working in Technology Transfer • Employers, roles, responsibilities, etc. • Industry v. Academia • Organizations, politics, responsibilities, etc. • Responsibilities at Einstein

  9. Final Thoughts • Technology Transfer • Provides a personally rewarding and challenging career • Resides at the intersection of business/law/science-engineering • Requires both business skills/common sense as well as effective communication skills • Offers diverse projects and playing diverse roles within their organizations/employers • Has potential to make a large positive impact! • Is this a career path you should consider?

  10. Advice & Tips • Acquaint yourself with patents and their significance • Collaborate on industry projects (if possible) • Work in area of medical applications/drug discovery • Emphasize biomedical vs. biological research • Mammalian systems • Engage in multidisciplinary projects • Develop concise technical & business communication skills (written and spoken)

  11. Additional Resources • Association of University Technology Managers (www.autm.net) • Licensing Executives Society (www.usa-canada.les.org) • US Patent and Trademark Office (www.uspto.gov) • Biotechnology Industry Organization (www.bio.org) • Journal of Technology Transfer (http://www.springerlink.com/content/0892-9912) • New York Biotechnology Association (www.nyba.org)

  12. NEW Technology Transfer Internship Program (T2IP) • Open to Ph.D. students that have (or will have) submitted theses prior to June 2009 • Gain Technology Transfer knowledge and business development experience • Unpaid position with flexible hours • Program expected to run from mid-June to mid-September • Applications are due no later than Thursday, May 28, 2009 • Additional information can be found at: www.aecom.yu.edu/biotechnology

  13. Thank You Any Questions? Offices of Biotechnology and Business Development 1300 Morris Park Avenue Room 908, Belfer Building Tel: (718) 430-3357 Fax: (718) 430-8938 biotech@aecom.yu.edu

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