Sr. Principal IP legal Counsel - Diabetes at Medtronic

Los Angeles, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical Devices, Diabetes TechnologyIndustries

Requirements

Comfort and confidence in communicating intellectual property advice in a clear and succinct way to management
Ability to deliver clear, concise, and actionable legal advice
Experience in preparing and prosecuting patent portfolios worldwide
Proficiency in managing and reviewing outside counsel work
Skill in diligently managing dockets using corporate docketing systems
Capability to implement patent maintenance decisions
Ability to interface with R&D and business development teams for proactive IP strategy development
Expertise in managing invention disclosures and prioritizing filings
Knowledge of leveraging existing patent applications to develop IP assets
Experience in performing global freedom-to-operate evaluations and overseeing opinions of counsel
Support experience in patent litigation, pre-suit assessments, USPTO post-grant proceedings, and EPO oppositions
Background in IP due diligence for mergers/acquisitions
Skills in drafting and negotiating IP agreements (e.g., patent licensing, joint-development, material transfer, acquisition agreements)
Ability to determine if inventions should be protected as patents or trade secrets
Proficiency in directing, developing, and analyzing patent searching strategies for patentability, invalidity, and competitive landscape
Awareness of competitors’ products, activities, and IP portfolios
Ability to operate within budget constraints for outside counsel and third-party vendors

Responsibilities

Provide intellectual property legal support to the Medtronic Diabetes Operating Unit
Implement global IP strategies
Develop strategic IP portfolios for medical technologies
Support product development and research through proactive IP counseling and education
Support M&A activities and related licensing transactions
Advise R&D and business on various IP matters
Execute all aspects of creation and management of intellectual property
Prepare and prosecute a patent portfolio worldwide in support of global business and IP strategies
Manage IP risk for Medtronic’s pipeline, including freedom-to-operate evaluations
Provide support on patent litigation, pre-suit assessments, and patent office proceedings
Assist in IP due diligence for mergers/acquisitions with a solution-focused approach
Draft and negotiate IP agreements
Direct brainstorms and make filing decisions for expansive protection of new technologies and therapies, including whitespace coverage
Develop strategic relationships with operating unit leaders, marketing, business development, and R&D to integrate IP into overall strategy
Manage stakeholder expectations through proactive and clear communications
Protect Medtronic’s highest value R&D investments by managing invention disclosures and prioritizing filings
Ensure ongoing awareness of competitors’ products, activities, and IP portfolio

Skills

Patent Prosecution

IP Strategy

Intellectual Property Management

Patent Portfolio Management

M&A IP Support

Licensing Transactions

IP Counseling

Medical Device IP

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters

1949Year Founded

$3.2MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Employee Assistance Program

Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.

Spine biologics market growth may attract new entrants, increasing competition for Medtronic.

Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.

The company invests heavily in R&D to drive innovation in medical devices.

Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.

Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.

Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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