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Senior Venture Scientist, WEHI VenturesJob Description
An excellent opportunity is available for a Senior Venture Scientist to join the newly created and growing WEHI Ventures team at Australia’s pre-eminent biomedical research institute.
About the Position
WEHI’s mission is mastery of disease through discovery. Improving health outcomes and maximising impact of WEHI’s discovery science requires the development of innovative products and services. Spinout company formation and licensing WEHI intellectual property to spinouts, as well as licensing WEHI intellectual property (IP) to industry players are the pathways that WEHI is using to commercialise its discoveries.
Through WEHI Ventures, we aim to create the conditions that maximise opportunities for WEHI to enter commercial transactions, to generate value to WEHI, increase the impact of WEHI’s research by orders of magnitude, and benefit patients around the world. We also aim to support WEHI’s ambition to be more financially independent through the generation of substantial income from commercial transactions. This income will be returned to WEHI to help fulfil its research mission and contribute to its long-term financial sustainability. WEHI Ventures will achieve these goals through the deployment and management of its committed 66ten Fund ($66M over the next 10 years).
Within WEHI Ventures, Venture Scientists and Senior Venture Scientists develop commercial projects starting with the development of plans, then leading and implementing data generation activities to support commercial transactions – either industry partnerships or formation of a spin-out company.
Several laboratories at WEHI are developing innovative projects including novel therapeutic approaches in a variety of modalities and therapeutic areas, as well as other technologies for innovative products or services aiming at improving human or animal health. The Senior Venture Scientist position brings an exciting opportunity to accelerate the development of those projects with a commercial endpoint in mind and view to progress the assets into the clinic, and to advance and develop additional, alternative emerging projects.
Internally, the position will work with the WEHI Ventures team, with Business Development and with the scientists, to expedite the development of the novel projects towards the clinic. This will include accelerating the development of pre-clinical data packages and commercialisation plans that consolidate the unique points of differentiation, benchmarking activities, safety, manufacturing considerations to progress to clinical trials, and mentoring Venture Scientists by supporting their proposals in preparation and ongoing projects through networks and advice.
Selection Criteria
Personal Qualities:
Excellent attention to detail, ensuring that data, methods and theories are accurate, of high-quality and accessible to other staff as needed
Ability to manage time effectively and be reliable and approachable
Outstanding interpersonal and communication skills with the capacity to drive internal and external linkages.
Adherence to the highest standard of integrity and of scientific practice. An individual who leads by enthusiasm, energy, and maturity, and is deeply committed to WEHI and its broader goals.
Excellent oral, written and interpersonal skills, including the ability to build and manage relationships with a broad range of academic, commercial and clinical stakeholders, together with the aptitude to interact with both technical and non-technical groups
Strong presentation and public speaking skills
A proven track record of high level analytical, conceptual, problem solving and research project management skills
Focus on patient outcome rather than technological/methodological/academic advance
Key Relationships:
Laboratory staff and students – to inform, manage, and get the best out of them
Co-founder(s) – to confer on research direction and performance, contribute to shared plans, collaborate on resources, and focus on intellectual property and POC data generation
Business Development– to coordinate all investor and business-related activities, manage confidentiality, raise profile of new company, establish agreements, to gain an always up-to-date overview on patent literature, identify and protect intellectual property, generate branding
Leading scientists in the area – to develop knowledge, links, and collaborations
Clinician scientists and other experts – to keep focus of development on unmet clinical need
Knowledge and Skills:
A PhD degree in a science-based discipline relevant to the pharmaceutical or biotechnology areas with significant laboratory research experience and significant experience in a commercial setting
Demonstrated capacity for leadership of a group, ability to influence stakeholders
Previous people development and management experience; successful track record in this area.
Industry Research and Development experience is a must. Outstanding performance in a role along the therapeutic product development path (pharmaceutical or biotechnology industry) is ideal.
Outstanding performance in roles equivalent to equivalent to Group Leader, Director or Head of a department, preferably in a biotechnology company.
Record of high-quality research achievements, measured by publications and/or translational outcomes.
Established global and high-value network of contacts and recognition in business development and industry collaborations.
Demonstrated interpersonal and communication skills to gain cooperation and influence others in achieving scientific goals and building collaboration.
Terms of Appointment
This position is a five-year appointment in a full-time capacity. Salary is negotiable and commensurate to experience. Up to 17% superannuation and very attractive salary packaging options are available.
A position description is available here.
How to Apply
Please apply by uploading your CV, cover letter and a document addressing the key selection criteria in pdf format.
Application Closing Date: 13 May 2024
