Teri Willey Appointed Vice President for Technology and Business Development at Mount Sinai School of Medicine

Mount Sinai School of Medicine has appointed Teri Willey as Vice President for Technology and Business Development.

New York, NY
 – May 19, 2011 /Press Release/  –– 

Teri Willey, an expert in licensing and commercialization of inventions, has joined Mount Sinai School of Medicine as Vice President for Technology and Business Development. Her appointment will begin June 1.

As the leader of the Mount Sinai School of Medicine Office of Technology and Business Development, Ms. Willey will work closely with faculty to maximize the commercial potential of their inventions. She will oversee the School’s efforts to develop intellectual property, identify opportunities for commercialization, create a venture fund, and enhance research collaborations with industry. Ms. Willey also will apply her entrepreneurial vision to the creative development and expansion of strategic business opportunities and partnerships.

"Ms. Willey has devoted her career to technology transfer activities at preeminent universities in the United States and abroad," said Dennis S. Charney, MD, Anne and Joel Ehrenkranz Dean of Mount Sinai School of Medicine and Executive Vice President for Academic Affairs of The Mount Sinai Medical Center. "Her expertise will enable the Office of Technology and Business Development to continue its expansion of activities and maximize the commercialization of the inventions by Mount Sinai scientists."

Ms. Willey has been recruited to Mount Sinai from Cambridge Enterprise Limited, a wholly owned subsidiary of the University of Cambridge, where as Chief Executive she works with University academics to commercialize their inventions through new and existing companies. Prior to joining Cambridge Enterprise Limited, Ms. Willey held prominent technology transfer positions at the University of Chicago, the Purdue Research Foundation, and Northwestern University. Her work experience also includes corporate business planning and development for the Indiana Corporation for Science and Technology, and for International Minerals and Chemical. Ms. Willey majored in animal studies and veterinary science at the University of Idaho, and has an MBA from Indiana State University.

About The Mount Sinai Medical Center

The Mount Sinai Medical Center encompasses both The Mount Sinai Hospital and Mount Sinai School of Medicine. Established in 1968, Mount Sinai School of Medicine is one of few medical schools embedded in a hospital in the United States. It has more than 3,400 faculty in 32 departments and 15 institutes, and ranks among the top 20 medical schools both in National Institute of Health funding and by U.S. News & World Report. The school received the 2009 Spencer Foreman Award for Outstanding Community Service from the Association of American Medical Colleges.

The Mount Sinai Hospital, founded in 1852, is a 1,171-bed tertiary- and quaternary-care teaching facility and one of the nation's oldest, largest and most-respected voluntary hospitals. U.S. News & World Report consistently ranks The Mount Sinai Hospital among the nation's best hospitals based on reputation, patient safety, and other patient-care factors. Nearly 60,000 people were treated at Mount Sinai as inpatients last year, and approximately 530,000 outpatient visits took place.

For more information, visit http://www.mountsinai.org/.
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