Principal, Business Development and Commercialization, UHNRI

Principal, Business Development and Commercialization, UHN Research Institute

• Full-time
• Department:
  Research

UHN is Canada’s #1 hospital and the world’s #1 publicly funded hospital. With 10 sites and more than 44,000 Team UHN members, UHN consists of Toronto General Hospital, Toronto Western Hospital, Princess Margaret Cancer Centre, Toronto Rehabilitation Institute, The Michener Institute of Education and West Park Healthcare Centre. As Canada's top research hospital, the scope of biomedical research and complexity of cases at UHN have made it a national and international source for discovery, education and patient care.

UHN has the largest hospital-based research program in Canada, with major research in neurosciences, cardiology, transplantation, oncology, surgical innovation, infectious diseases, genomic medicine and rehabilitation medicine. UHN is a research hospital affiliated with the University of Toronto.

UHN’s vision is to build A Healthier World and it’s only because of the talented and dedicated people who work here that we are continually bringing that vision closer to reality.

Union: Non-Union
Number of vacancies: 1
New or Replacement Position: Replacement
Site: MaRS
Department: Commercialization
Reports to: Head, Business Development and Commercialization UHN Research Institute
Salary Range: $115,730 to $165,730 annually
Hours: 37.5 hours per week
Shifts: Monday to Friday
Status: Permanent Full-Time
Closing Date: February 27, 2026

The UHN Research Institute is internationally recognized for its multidisciplinary biomedical research which encompasses activity across the UHN sites (other than Princess Margaret Cancer Centre) and drives the convergence of care, research and education across a broad scope of disease fields and disciplines; as such it is a cornerstone of UHN’s innovation ecosystem. These areas include Krembil Brain Institute, Schroeder Arthritis Institute, Donald K.

Johnson Eye Institute, Peter Munk Cardiac Centre, KITE Research Institute, McEwen Stem Cell Institute, Ajmera Transplant Centre, and The Institute for Education Research, as well as research in respiratory health, metabolism and organ function, and health systems and policy. UHNRI’s commercialization successes include the Medly cardiac digital health platform and EVLPlung transplant system among others, which have reshaped patient care and global standards in their respective fields.

The role of Principal, Business Development and Commercialization UHN Research Institute is a key position within our office. It requires a dynamic, creative, business development professional with academic credentials, skills in relationship management and contract negotiation, and experience in fields related to the broad discovery areas of UHNRI.

The Principal will develop and implement strategies to maximize the commercial success of the research being conducted within their portfolio at UHN Research Institute and will foster and leverage internal and external relationships to facilitate the identification, development, commercialization, and transfer to practical use of institute- or program-specific inventions, assets and technologies.

Specifically, and in collaboration with the Head of Business Development & Commercialization for UHNRI, as well as Directors and Program researchers of the relevant sub-institute, the Principal will maintain an overview and pipeline of the various discoveries, research activities, and programs within his or her assigned portfolio. He or she will take the lead in all aspects of revenue generation including evaluation, protection, marketing, licensing, and supporting new company creation.

Specifically, he or she will assess the market potential of specific inventions, develop assets/IP and marketing strategies for each, engage in discussions with pharmaceutical and biotechnology companies, then negotiate research agreements and term-sheets with external parties. He or she will also manage alliances with strategic partners. In addition, and in collaboration with our Venture team, the Principal will work to help source seed and venture funding, from initial…