OTMC INTERNSHIP PROGRAM OTMC Mission: Advancing Technologies Through Partnerships with Faculty, Staff and Industry Moffitt Cancer Center • Single Mission – To contribute to the prevention and cure of cancer • Statutorily created as free-standing instrumentality of state of Florida • Moffitt is one of the busiest cancer centers in the U.S. (325,000 outpatient visits a year) • Moffitt is a major research center (>82 MM annually in grants) • Moffitt is the only Florida-based NCI designated Comprehensive Cancer Center. OFFICE OF TECHNOLOGY MANAGEMENT AND COMMERCIALIZATION (OTMC) Patents & Licenses Startup Support OTMC Industry Collaboration OTMC OVERVIEW • Office established in 2003 to protect and advance Moffitt Cancer Center’s inventions • Office Structure • Business Development Team • Core Services Team • Operations Team • Office Metrics • Invention Disclosures Submitted - 357 • Original Patent Applications Filed - 250 • Licenses Executed – 90 • Startups Formed - 13 INTERNSHIP PROGRAM HISTORY • OTMC began its internship program in 2007 • OTMC has hosted approximately 30 interns • The internship program transformed in 2012 • Instituted cultural change in office • Created formal program structure • Established program features to deliver enhanced internship experience CULTURE CHANGE IN OFFICE • Interns are integrated into the office • Staff meetings • Department retreats • Teambuilding activities • Project presentations • Focus on maximizing educational opportunities • Business of Biotech Conference investor forum • Company presentations and business plans • Webinars • Shadowing OTMC staff • Promote interactions among interns RECRUITMENT • Promotion • Website • Information sessions • Flyers • Science Interns • Moffitt Cancer Biology PhD Program • Moffitt Post Doctoral Fellows • Universities • Business Interns • Business schools • Legal Interns • Law schools APPLICATION PROCESS • Internship application and resumé • Why do you want to intern at Moffitt and what knowledge do you hope to gain during this internship program? • What experience do you have that relates to the Technology Transfer field and/or Intellectual Property? • Where do you see yourself professionally in 5 years? • Interview all applicants • Faculty approval for internal candidates • Internship Program Steering Committee makes selection decisions for internal candidates ONBOARDING • Distribution of Internship Program Guide • Department Orientation • Requirement of 120 hours • Magnetic Board • Journal • Work-Product Presentations • No promise of permanent position • Tour of office and shared drive • Confidentiality Agreement • Primary mentor assigned EXITING • Exit interview • Evaluation form by mentor • Intern’s strengths • Intern’s major accomplishment • Growth opportunities for intern • Evaluation form by intern • What did you learn? • What was the highlight of your experience? • What are suggestions for improving the program? • Certificate of completion • Letter of recommendation • Farewell reception INTERN PROJECTS • Disclosure analysis • Technology offering memorandum • Marketing list and contacts • Company presentations • Startup business plans • Patent prosecution UNIQUE OPPORTUNITIES • Watch presentations at Business of Biotech Conference Investor Forum • Join business student teams in writing startup business plans • Attend office seminar series • Join staff for lunch, teambuilding activities, staff meetings, and department retreats • Participate in faculty interviews • Observe license negotiation meetings • Network with former interns at annual intern reunion TESTIMONIALS Latanya Scott “This internship has opened new doors for me in a scientific market with an abundance of biomedical PhDs. The opportunities and training I have received have also put me in a position to be considered for employment by technology transfer offices and intellectual property law firms. Additionally watching inventors pitch their technologies to investors, gave me great “real-world” insight of the business side of science.” Sebastian Nishimoto “The highlight of my internship was being able to witness the interaction between science, business and law, as they relate to the development of new technologies. I felt like I was really putting the past six years of my university studies to good use. I had the opportunity to review a variety of complex agreements involving some of the largest pharmaceutical and biotechnology companies in the world. I am sure that my time in the OTMC will benefit me greatly in my future legal career, no matter what area of law I end up practicing in.” Jessica McDaniel “Professionally, this entire internship experience has been essential for me to gain experience in intellectual property outside of the laboratory setting. As a research PhD student, this internship has given me hands-on experience in patent law that employers outside of research academia desire. I have learned how to write technology offering memorandums (TOMs) that summarize the potential value of a technology so it can be marketed to licensing partners. One TOM that I wrote even resulted in an option agreement between Moffitt and a small start-up company.” John Diamantas “As a graduate entrepreneurial student and budding web designer, this internship has really opened doors for me. While in the office, I routinely work with startup CEOs, researchers, physicians and lawyers. I've also had the opportunity to learn the ins and outs of technology transfer. A particularly valuable facet of my experience in tech transfer has been my research into current marketing techniques.” PROGRAM SUCCESSES • Recognition in multiple publications • Job offers received by interns • Increased OTMC’s marketing and licensing productivity • Integration of components of OTMC’s program by other Moffitt departments • Elevated intern engagement and satisfaction • Greater researcher awareness of OTMC’s functions FUTURE ENHANCEMENTS • Intern boot camp • Senior interns coaching new interns • Integrate into PhD program • Augment program to include financial and marketing interns