LifeArc Technology Transfer

Why complete this job simulation

A risk-free way to experience work on the job with us. Practise your skills with example tasks and build your confidence to ace your applications.

Self-paced

2-3 hours

No grades

No assessments

Intermediate

LifeArc* is a leading medical research charity dedicated to translating scientific discoveries into real-world healthcare solutions. We collaborate with researchers, industry partners, and investors to bridge the gap between cutting-edge research and commercially viable medical advancements. Our expertise spans drug discovery, diagnostics, and technology transfer, ensuring that promising innovations reach the people who need them most.

During this programme, you will get the opportunity to step into the shoes of a technology transfer associate and complete tasks that replicate the work that our Technology Transfer team does every day. You’ll develop key skills in evaluating commercial pathways for scientific innovations and crafting professional communications to justify your commercialisation strategies.

We hope this programme provides a great resource for you to upskill and strengthen your CV as you explore career options and a potential career at our company.

*Disclaimer:
For the purposes of this simulation, the organisation LifeArc is referred to as Judd Street Innovations. All content remains grounded in real-world practice and reflects typical responsibilities and workflows within the sector.

How it works

Complete tasks guided by pre-recorded videos and example answers from our team. No live sessions, all self-paced.
Earn a certificate and add it to your CV and LinkedIn as an extracurricular activity.
Stand out in applications. Confidently answer interview questions and explain why you’re a good fit for our team.

Skills you will learn and practice:

Analytical Writing

Business Communication

Commercial Awareness

Due Diligence

Strategic Decision Making

Strategic Thinking

Introduction from LifeArc

Tasks

Intro & Scenario

Background context and your project team

Your role

You are a technology transfer associate at Judd Street Innovations (JSI), working within the Partnerships team.
You collaborate with researchers, patent attorneys, and industry partners to facilitate the commercialisation of scientific innovations.
You have been assigned a project involving a new diagnostic tool for early-stage cancer detection. The research team has completed the initial development phase, and the focus is now on evaluating the potential applications and commercialisation pathways for this innovation.

Your goal

Your primary goal is to assess the innovation’s potential as a diagnostic tool, considering both its intellectual property (IP) and collaboration opportunities.
You need to evaluate existing IP, identify funding and partnership opportunities, and recommend a strategic path forward—whether through licensing, spinout formation, or further research collaboration.

Intro & Scenario

Background context and your project team

Your role

You are a technology transfer associate at Judd Street Innovations (JSI), working within the Partnerships team.
You collaborate with researchers, patent attorneys, and industry partners to facilitate the commercialisation of scientific innovations.
You have been assigned a project involving a new diagnostic tool for early-stage cancer detection. The research team has completed the initial development phase, and the focus is now on evaluating the potential applications and commercialisation pathways for this innovation.

Your goal

Your primary goal is to assess the innovation’s potential as a diagnostic tool, considering both its intellectual property (IP) and collaboration opportunities.
You need to evaluate existing IP, identify funding and partnership opportunities, and recommend a strategic path forward—whether through licensing, spinout formation, or further research collaboration.

Reviews

4.5

The simulation provided a highly practical and well-structured learning experience. I particularly liked how it translated complex technology transfer concepts into a realistic project, such as Dr. Carter’s diagnostic tool. The step-by-step guidance through the Invention Disclosure Form (IDF) and the due diligence search was excellent for building professional skills.

Student, Chhatrapati Shahu Ji Maharaj University

I liked how realistic the scenarios felt, especially the interaction between the auditor and client. It helped me understand how small phrasing choices can impact the quality of information gathered. The step-by-step format made it easy to reflect on mistakes and learn best practices in a practical way rather than just theory.

Student, University of East London

The job simulation program provides a practical, hands-on experience that closely mirrors real technology transfer roles. It effectively builds skills in market analysis, IP evaluation, and strategic decision-making while fostering clear, professional communication. Overall, it is a valuable and well-structured learning tool for anyone pursuing a career in innovation commercialization.

Student, Harcourt Butler Technical University

More from LifeArc

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