Technology Transfer:Technology Transfer:An Alternative Career PathAn Alternative Career Path

Presented by thePresented by theOffices of Biotechnology Offices of Biotechnology

and Business Developmentand Business Development____________________________________________________________________

May 6, 2008May 6, 2008

““Technology Transfer”Technology Transfer”

DefinitionDefinition ““Technology Transfer is the process Technology Transfer is the process

of transferring scientific findings of transferring scientific findings from one organization to another from one organization to another for the purpose of further for the purpose of further development and development and commercialization.” commercialization.”

– – Association of University Technology ManagersAssociation of University Technology Managers

Our OfficesOur Offices

The The Office of BiotechnologyOffice of Biotechnology serves as the serves as the

Technology Transfer officeTechnology Transfer office

of the College.  The office facilitates of the College.  The office facilitates licensing of College technology to licensing of College technology to

industry and research collaborations industry and research collaborations between industry and faculty. between industry and faculty.

The The Office of Business DevelopmentOffice of Business Development is is focused on capturing and/or developing focused on capturing and/or developing novel or more aggressive novel or more aggressive Technology Technology

TransferTransfer opportunities. opportunities.

Technology Transfer Technology Transfer OfficesOffices

TTOs can be found where research is TTOs can be found where research is conductedconducted Universities, businesses, non-profit Universities, businesses, non-profit

organizations (i.e., NIH, foundations, etc.)organizations (i.e., NIH, foundations, etc.) TTOs can also be referred to as:TTOs can also be referred to as:

Office of Office of IndustrialIndustrial Liaison Liaison Technology Technology CommercializationCommercialization Office Office Science and Technology Science and Technology VenturesVentures Office of Technology Office of Technology Licensing Licensing and and

Industry RelationsIndustry Relations Business Development Business Development Office Office AcademicAcademic Liaison Liaison Office of Office of Scientific AffairsScientific Affairs Department of Department of Translational ResearchTranslational Research ……and more…and more…

Typical Structure of a Typical Structure of a TTOTTO

Backgrounds and Backgrounds and experiencesexperiences Very diverseVery diverse

Educational degreesEducational degrees Science, business, lawScience, business, law

Roles and Roles and responsibilities have responsibilities have a lot of cross-overa lot of cross-over

PatentingPatenting Assess novelty of invention Assess novelty of invention

(prior art searches)(prior art searches) MarketingMarketing

Highlight value proposition of Highlight value proposition of invention and contact invention and contact appropriate commercial appropriate commercial partnerspartners

LicensingLicensing Negotiate agreement terms Negotiate agreement terms

with commercial partners and with commercial partners and draft agreementdraft agreement

Director/Associate Director

Patenting(Intellectual Property)

Marketing Licensing

Structure of Our Offices Structure of Our Offices

Director, Office of Business Development

Sr. Business Development

Analyst

Business Development

Analyst

Director, Office of Biotechnology

Assistant Director

Contracts & Licensing Associate

David Schoenhaut, Ph.D. David Schoenhaut, Ph.D. Assistant DirectorAssistant Director

Interest in new technologies, biotech & pharma industry Interest in new technologies, biotech & pharma industry developments, non-incremental science, & “daily news” developments, non-incremental science, & “daily news”

Educational backgroundEducational background B.A. Biology (NYU), Ph.D. Biology-Molecular B.A. Biology (NYU), Ph.D. Biology-Molecular

(UPenn)(UPenn) Career pathCareer path

Post-doc at RochePost-doc at Roche ““teamwork”, cross-licensing collaborationsteamwork”, cross-licensing collaborations

R&D/scientist at big pharma R&D/scientist at big pharma Consultant – Business Development Consultant – Business Development Director, Technology Affairs at start-up biotechDirector, Technology Affairs at start-up biotech

Academic Technology Transfer at EinsteinAcademic Technology Transfer at Einstein Benefits and comparisonBenefits and comparison

David Silva, Ph.D. David Silva, Ph.D. Sr. Business Development AnalystSr. Business Development Analyst

Educational backgroundEducational background B.S. in Microbiology - UMass at AmherstB.S. in Microbiology - UMass at Amherst Ph.D. in Biochemistry - BU School of Ph.D. in Biochemistry - BU School of

MedicineMedicine Factors that influenced career decisionFactors that influenced career decision

Personal and professionalPersonal and professional Working in Technology Transfer Working in Technology Transfer

Employers, roles, responsibilities, etc.Employers, roles, responsibilities, etc. Industry v. Academia Industry v. Academia

Organizations, politics, responsibilities, etc.Organizations, politics, responsibilities, etc. Responsibilities at EinsteinResponsibilities at Einstein

Final ThoughtsFinal Thoughts

Technology Transfer Technology Transfer Provides a personally rewarding and Provides a personally rewarding and

challenging careerchallenging career Resides at the intersection of Resides at the intersection of

business/law/science-engineeringbusiness/law/science-engineering Requires both business skills/common sense Requires both business skills/common sense

as well as effective communication skillsas well as effective communication skills Offers diverse projects and playing diverse Offers diverse projects and playing diverse

roles within their organizations/employersroles within their organizations/employers Has potential to make a large positive impact!Has potential to make a large positive impact!

Is this a career path you should consider? Is this a career path you should consider?

Advice & Tips Advice & Tips

Acquaint yourself with patents and their Acquaint yourself with patents and their significancesignificance

Collaborate on industry projects (if Collaborate on industry projects (if possible) possible)

Work in area of medical applications/drug Work in area of medical applications/drug discoverydiscovery Emphasize biomedical vs. biological researchEmphasize biomedical vs. biological research Mammalian systemsMammalian systems

Engage in multidisciplinary projectsEngage in multidisciplinary projects Develop concise technical & business Develop concise technical & business

communication skills (written and spoken) communication skills (written and spoken)

Additional ResourcesAdditional Resources Association of University Technology Association of University Technology

Managers (www.autm.net) Managers (www.autm.net) Licensing Executives Society (Licensing Executives Society (

www.usa-canada.les.orgwww.usa-canada.les.org) ) US Patent and Trademark Office (US Patent and Trademark Office (

www.uspto.govwww.uspto.gov) ) Biotechnology Industry Organization Biotechnology Industry Organization

(www.bio.org) (www.bio.org) Journal of Technology Transfer Journal of Technology Transfer

(http://www.springerlink.com/content/0892-(http://www.springerlink.com/content/0892-9912) 9912)

New York Biotechnology Association New York Biotechnology Association (www.nyba.org)(www.nyba.org)

Technology Transfer Technology Transfer Internship Program (TInternship Program (T22IP) IP)

Open to Ph.D. students that have (or will Open to Ph.D. students that have (or will have) submitted theses prior to June 2009have) submitted theses prior to June 2009

Gain Technology Transfer knowledge and Gain Technology Transfer knowledge and business development experience business development experience

Unpaid position with flexible hours Unpaid position with flexible hours Program expected to run from mid-June to Program expected to run from mid-June to

mid-Septembermid-September

Applications are due Applications are due no laterno later than than Thursday, May 28, 2009Thursday, May 28, 2009

Additional information can be found at: Additional information can be found at: www.aecom.yu.edu/biotechnologywww.aecom.yu.edu/biotechnology

NEW

Thank YouThank You

Any Questions?Any Questions?

Offices of Biotechnology Offices of Biotechnology

and Business and Business DevelopmentDevelopment

1300 Morris Park Avenue1300 Morris Park Avenue

Room 908, Belfer BuildingRoom 908, Belfer Building

Tel: (718) 430-3357Tel: (718) 430-3357

Fax: (718) 430-8938Fax: (718) 430-8938

biotech@aecom.yu.edubiotech@aecom.yu.edu