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Senior Manager of Acceleration - Small Molecule Therapies

Company: CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER
Location: Cincinnati
Posted on: February 25, 2021

Job Description:

Senior Manager of Acceleration - Small Molecule Therapies - Innovation Ventures
PURPOSE OF POSITION: Serving as a business partner to faculty, lead the assessment, product development, acceleration and de-risking of a select number of Cincinnati Children's most promising small molecule therapy programs toward commercialization, with a specific emphasis on translational value creation. Aggregate stakeholders (institutional, industry, investors, foundations, government, etc.) around projects to accelerate their development. Approach projects from an entrepreneurial perspective, closely monitoring during the incubation and acceleration phase.
REPRESENTATIVE RESPONSIBILITIES Commercial Strategy & Planning - Utilizing critical thinking skills, responsible for assessing the commercial potential of high value and/or impact biologic/cell/gene therapy programs and developing a strategy and product plan to advance those programs to a value inflection point and commercial exit (license to existing company, new venture formation, etc.). Work with researchers, clinicians, internal, and external advisors to ensure plan is scientifically, clinically, and commercially sound. Project-Specific Funding - Responsible for creating a project-specific funding strategy. Identifying and applying for commercially-relevant funding opportunities (non-dilutive) to support the product development. Source funding opportunities from the institution, state programs, federal programs, foundations, philanthropists, pharma/biotech companies, and venture funds. Explore and develop creative funding strategies to advance projects. Product Development - Execute on the product development plan and funding strategy to accelerate the assets toward a commercial endpoint. Actively participate and lead the project, aligning stakeholders along the way, to ensure project is hitting milestones. Business Development / Market Insights - Build knowledge of and relationships with appropriate partners and industries for effective partnering, industry feedback, research collaborations, licensing, etc. Develop and manage synergistic partnerships and collaborations with stakeholders to advance projects. Agreement Management- In partnership with the Portfolio Manager and Directors, participate in due diligence, negotiations, and agreement development/management to ensure the interests of the institution are upheld. Liaise with internal and external counsel when appropriate. Patent Portfolio Strategy- In partnership with the Patent Manager and Portfolio Manager, participate in patent strategy by providing technology and commercial insight so the Patent Manager can consider and lead implementation of overall strategy to ensure highest value patents. Compliance - Maintain accurate records in institutional systems to track intellectual property, disclosures, and agreements. Ensure assessments are completed for proper government and funding reporting. Engage with funding agencies as necessary and negotiate for proper revenue sharing.
EDUCATION/EXPERIENCE
Required: --Bachelor Degree in Biomedical Sciences OR Related Discipline --Advanced degree in biomedical sciences, business, or related discipline --7-10 years of drug development experience --Relevant industry and/or entrepreneurial drug development experience
Preferred: --Experience working in a large biomedical research institution --MBA or PhD Unique Skills:

  • Critical Thinking - Ability to apply critical thinking skills to process and manage a portfolio of technologies, contracts, and patents that result in valuable intellectual property and commercialized products
  • Communication - Excellent communication skills and the ability to work with others in a respectful and tactful manner
  • Team Work - Ability to work as a team member, including contributing to projects and meetings. Understand what is expected and required, and deliver quality results/input in a timely and productive manner. Willingness to compromise to achieve an optimal result consistent with team expectations and business partner needs.
  • Business Development - Ability to prepare business plans and financial forecasts in support of investment opportunities
  • Knowledge of Field - Advanced knowledge of regulations, procedures, and best practices in field
  • Prioritization - Using time efficiently and productively; prioritizing multiple tasks properly to meet deadlines; recognizing time constraints and adjusting work schedule to address them
  • Operation Procedures - Ability to understand and follow operating procedures. Work with the team to learn and optimize procedures and use critical thinking skills to make decisions that limit risk and meet business needs.
  • Influence - Persistently shaping the thoughts and actions of others to achieve desired results; generating excitement and continuously striving to gain support for one's ideas, plans, or courses of action Learn more about working at Cincinnati Children's

Keywords: CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER, Cincinnati , Senior Manager of Acceleration - Small Molecule Therapies, Healthcare , Cincinnati, Ohio

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