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Licensing Associate
Career Insights for Business Development Specialist
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Based on Massachusetts data
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What they do
A Business Development Specialist identifies new business opportunities and clients for a company, identifies new products, services and lines of business, and develops marketing and sales strategies to help grow a company's business. Collects and manages data on sales and business processes, does market research, and stays informed of industry trends and dynamics. Builds customer relationships and partnerships. Reports to a Business Development Manager or Director.
$72,185 / year median in Massachusetts
+7% projected growth
Job Description
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Mass General Brigham Incorporated Mass General Brigham relies on a wide range of professionals, including doctors, nurses, business people, tech experts, researchers, and systems analysts to advance our mission. As a not-for-profit, we support patient care, research, teaching, and community service, striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham. Job Summary Innovation is a 140 person Mass General Brigham business development unit responsible for the worldwide commercial application of the breakthroughs and unique capabilities of the System's 80,000 employees and faculty. It drives revenue generation and patient benefit through industry collaborations, investing, company creation, licensing, and innovation management for the System's Harvard Medical School appointed faculty and hospitals including its core Harvard affiliates -- Brigham and Women's Hospital, Massachusetts General Hospital, Massachusetts Eye and Ear and McLean Hospital. Within the Innovation function, the Business Development & Licensing team manages a significant portfolio of medical innovations, driving business development activities, commercial assessment of early stage inventions, and management of intellectual property. Our team has an impressive track record of identifying, shaping and executing deals to drive commercialization of Mass General Brigham discoveries and innovations through strategic engagement with industry executives, investors and Mass General Brigham's innovators. General Overview The Associate is a 2-year, entry level opportunity for an individual with a strong science/technology background and interest in assisting with the commercialization of transformative medical innovations. As an integral member of the Business Development & Licensing team, the Associate will gain experience in technology assessment and intellectual property management in a collaborative environment.Overall Responsibilities:
- Interfaces with leading Mass General Brigham clinicians, investigators, innovators in assigned domains of disease and or therapeutic modality.
- Conducts assessments of commercial market, unmet need, patentability and stage of development on early stage medical innovations.
- Assists with management of intellectual property portfolios.
- Shadows and contributes to the drafting of intellectual property agreements.
- Possible local travel to Mass General Brigham sites.