Description
Position Summary
The Senior Director, Technology Transfer & Business Development leads the Buck Institute's deal-making function and plays a key leadership role in business development and alliance management.
Reporting to the Executive Vice President, Partnering & Administration, this individual serves as the Institute's lead negotiator for technology licenses, corporate sponsored research and collaboration agreements, and U.S.
Government agreements, including Other Transaction Agreements (OTAs), and is responsible for building the program and alliance management systems that carry those agreements through execution.
The Senior Director works closely with Institute leadership, faculty, and external partners to structure, negotiate and execute complex agreements, oversees the processes to effectively manage these relationships following execution, including contract revisions and amendments as programs evolve.
The position also provides leadership for the Institute’s core technology transfer responsibilities including protecting, managing, and commercializing Buck intellectual property in compliance with applicable law, sponsor requirements, and Institute policies.
Key Responsibilities
Deal Leadership and Negotiation (primary responsibility)
Serve as the Institute's lead negotiator for exclusive and non-exclusive license agreements, option agreements, corporate sponsored research agreements, research collaborations, and hybrid license-and-collaboration structuresLead negotiations of U.S.
Government agreements, including Other Transaction Agreements (OTAs), cooperative agreements and contracts with ARPA-H, DARPA and other federal sponsors, including terms governing intellectual property, data rights, milestones, payable events and consortium or subaward arrangementsStructure deal terms, including upfront and milestone payments, royalties, equity, diligence obligations, IP ownership, data rights, publication rights, indemnification and termination provisions, to maximize scientific impact and return to the Institute.
Model deal economics and present recommendations to the EVPPrepare term sheets and draft, review and redline agreements through execution, engaging outside counsel as neededPartner with the EVP and faculty on deal origination.
Qualify inbound opportunities and run the deal process, including diligence, from first contact through signatureSupport company formation and spinouts, including startup licenses, equity terms and coordination with compliance on faculty conflict-of-interest managementProvide guidance to team members responsible for negotiating supporting agreements, including confidentiality agreements, material transfer agreements, data use and data transfer agreements, inter-institutional agreements, and service agreements
Program and Alliance Management
Provide leadership for the Institute's program and alliance management function, including governance structures (e.g., joint steering committees and project teams), operating procedures, templates and reportingEnsure every executed agreement has an operating plan that tracks obligations, deliverables, milestones, payment schedules, reporting deadlines and decision points from kickoff through close-outServe as, or oversee, the alliance manager for major relationships by controlling information flow, facilitating forward progress and managing stakeholders across Buck laboratories and partner organizations.
Anticipate and resolve disagreements before they escalateLead contractual revisions during operations, including amendments, scope and budget changes, milestone renegotiations, no-cost extensions, option exercises, assignments and terminationsFor government programs, manage milestone-based deliverables, required reporting and agreement modifications in coordination with Finance and Sponsored ResearchImplement and maintain systems for tracking agreement obligations, revenue and compliance, including a contract and IP management database
Technology Transfer and Intellectual Property
Manage the invention evaluation disclosure process.
Assess disclosures for patentability and commercial potential and make recommendations on patent filing, prosecution and maintenance, working with outside patent counsel within budgetWork with inventors to market Buck technologies, data assets and platform capabilities to prospective licensees, corporate partners and investors consistent with the Institute's missionEnsure compliance with Institute intellectual property and conflict-of-interest policiesAdvise and educate faculty on intellectual property, their obligations and the Institute's, and pathways to commercializationMonitor licensee performance, including royalty reports, diligence milestones, sublicensing and audit rights, as neededMaintain and update Institute technology transfer and IP policies and stay current on legislation, federal funding mechanisms and market trends
Team Leadership and Reporting
Lead and collaborate with a team of technology transfer, contracts and alliance management professionals.
Set priorities and manage workflow across the deal and alliance portfolioCollaborate closely with Finance, Sponsored Research, Legal, Compliance, Philanthropy and scientistsProvide regular reports on the deal pipeline, IP portfolio and active alliances to the EVP for use with Board committees and the Board of TrusteesPerform other duties as required or assigned
QUALIFICATIONS
Education
Advanced degree (PhD in the biological sciences or chemistry, MD, JD or MBA) or master’s degree combined with substantial directly relevant experience may be considered.
A combination of scientific training with legal or business training is strongly preferred
Experience
8+ years' of progressively responsible experience in technology transfer, licensing, business development or alliance management in the life sciences, including at least 5 years in a biotechnology or pharmaceutical industry settingDemonstrated track record as lead negotiator on license, sponsored research and collaboration agreementsDirect experience negotiating Other Transaction Agreements or other federal agreements (e.g., ARPA-H, DARPA, BARDA, DoD) preferredExperience establishing or running an alliance or program management functionExperience managing, mentoring, and developing staff
License or Certification
Certified Licensing Professional (CLP) or Registered Technology Transfer Professional (RTTP) preferred; not required
Specialized Skills (in place or to be learned)
Expert negotiator with sound judgment on when to hold a position and when to close, and the ability to preserve long-term partner relationships through difficult negotiationsWorking knowledge of intellectual property law, the Bayh-Dole Act, federal acquisition and assistance frameworks including Other Transaction authority, and contract law as applied to licensing and research agreementsStrong financial acumen, including deal valuation and modeling of royalty, milestone and equity terms preferredScientific fluency sufficient to evaluate technologies and engage credibly with faculty and partner scientists across basic biology, computational biology and AI, and clinical researchTeam-oriented leader who builds durable processes and systems rather than relying on individual effortOutstanding drafting, written and verbal communication skills, with exceptional attention to detail and accuracyExtremely well organized, with the ability to manage multiple complex negotiations and relationships simultaneouslyExercises judgment and tact, and maintains a strict degree of confidentialityInteracts effectively with people from diverse backgrounds and viewpointsHighly proficient with Microsoft Office and contract or IP management databases
COMPENSATION & BENEFITS
The anticipated salary range for this position is $200,000 to $290,000 annually.
Actual compensation will be based on relevant experience, qualifications, internal equity, and other job-related factors.
The Buck Institute offers a comprehensive benefits package, including medical, dental, vision, and basic life insurance.
Physical And Work Requirements
Ability to perform essential functions of the position without accommodation.
The position primarily involves computer-based work, participation in meetings, review and preparation of complex documents, and frequent communication with internal and external stakeholders.
The role requires regular movement between offices, laboratories and meeting locations on the Institute campus.
Occasional business travel may be required.
The position may require participation in meetings or negotiations outside normal business hours to accommodate external partners, government agencies, and stakeholders in different time zones.
The above statements are intended to describe the general nature and level of work being performed by most people assigned to this job.
They are not intended to be an exhaustive list of all responsibilities, duties and requirements.
Responsibilities may change as organizational and business needs evolve.