Biotechnology Industry Research Assistance Council Hiring Associate Consultant - MSc in Pharma, Life Sciences Apply

Biotechnology Industry Research Assistance Council (BIRAC) is a not-for-profit Section 8, Schedule B, Public Sector Enterprise, under Department of Biotechnology (DBT), Government of India as an Interface Agency to strengthen and empower the emerging Biotech enterprise to undertake strategic research and innovation, addressing nationally relevant product development needs. As a Government of India enterprise, BIRAC endeavors to bring professionalism, transparency and efficiency into its functioning while providing support to catalyse the transformation of the emerging Indian bio-economy. It has a very special and unique governance structure and a very carefully developed workforce strategy that includes an enabling work environment, a work culture that is caring, fosters excellence and hires the most talented and professional workforce.

Post : Associate Consultant - Licensing & Technology Commercialization

Position Code : CON-39
Consolidated Fee : The consolidated fee for Associate Consultant shall be Rs. 75,000/- per month.
Duration : The engagement is contractual initially for a period of one year which is extendable based on performance and organizational priorities.
Job Description : The Consultant-Licensing & Technology Commercialization shall work closely with IP & Tech Management division of BIRAC for identification, protection and commercial exploitation of IPRs developed by the Universities/Start-ups through a variety of commercial arrangements including licensing and start-up creation.

Essential Qualification :
• M.Sc./M. Tech in life sciences/Bio- Technology/Pharma/Agri/Plant sciences from a recognized and reputed institute.
• Formal degree in IP or advanced level of practical understanding of IP or a formal degree/certificate in Technology Management or advanced level of practical understanding of technology transfer & commercialization process, valuation and negotiation process.
Desirable : c-RTTP/RTTP professional, Degree in Law, Degree in Management

Experience :
• Post qualification between 03 to 10 years with Minimum 03 years of experience in identification, evaluation, market research valuation negotiation and commercialization of technologies/IPRs in industry or university technology transfer.
• Should have drafted, executed at least 5-7 licensing agreements, material transfer agreements including at least for 3-4 to large companies and must have experience in managing or advising spin-outs.
• Have worked with University’s Technology Transfer Offices, Central/State Government or Autonomous Institutions or Public Sector Undertakings.

Age Limit : Maximum 45 years as closing date of vacancy.

Key Responsibilities
• Evaluates new inventions for market and commercial potential.
• Technology scouting Nationally as well as Internationally.
• Initiate proactive marketing strategies to target potential Industry licensees.
• Valuation of technologies.
• Design and propose initial term sheets for licensing deals based on a variety of factors, including but not limited to established licensing norms and internal/external market comparables.
• Conducts licensing strategies and draft licensing agreements.
• Conducts negotiations with potential licensees.
• Oversees the administration of complex active license and related research agreements.
• Provides support in the general maintenance of the patent portfolio including working closely with investigators to solicit invention disclosures.
• Fosters relationships between licensee and faculty/staff inventors to aid in commercialization of licensed IP, including the facilitation and encouragement of sponsored research in the inventors' laboratories.
• To support nurturing and structuring industry- academia partnerships and post licensing monitoring.
• Performs other duties as assigned.

Employees of Central / State Govts and or other CPSEs should send a copy of their applications through proper channel in a sealed envelope at below mentioned address:-
Head [Human Resource & Administration]
Biotechnology Industry Research Assistance Council (BIRAC)
5th Floor, NSIC Business Park
NSIC Bhawan, Okhla Industrial Estate
New Delhi-110020

Last date of submission of application : 13th May 2024