Hong Peng
About Hong Peng
Hong Peng serves as the Director of Business Development at Yale Ventures, where he has played a key role in forming pharmaceutical alliances and new ventures based on Yale innovations. He has a strong academic background in molecular biology and business, along with extensive experience in intellectual property management and licensing.
Current Role at Yale University
Hong Peng serves as the Director of Business Development at Yale Ventures, a position he has held since 2006. In this role, he has been instrumental in establishing pharmaceutical alliances and new ventures that leverage Yale's innovations. He manages a large portfolio of technologies in the life sciences sector, focusing on fostering collaborations that enhance the commercialization of research outcomes.
Previous Experience in Licensing and Patents
Prior to his current role, Hong Peng worked at the New York Blood Center's Lindsley F. Kimball Research Institute as the Director of Patents & Licensing from 2001 to 2006. He led operations that generated an annual royalty income of $60 million. His earlier experience includes a five-year tenure as a Licensing Associate at Memorial Sloan-Kettering Cancer Center from 1996 to 2001, where he gained significant expertise in intellectual property management.
Educational Background
Hong Peng has an extensive educational background in the sciences and business. He earned a Bachelor of Science in Biology from Peking University from 1978 to 1982. He then pursued a Ph.D. in Molecular Biology at Cornell University from 1989 to 1995. Following this, he obtained a Master of Business Administration (MBA) from Columbia University from 2001 to 2003, which complements his scientific expertise with business acumen.
Expertise in Intellectual Property and Negotiation
Hong Peng possesses extensive expertise in negotiating intellectual property-related contracts. His experience includes patent licenses, options, dispute settlements, sponsored research agreements, and corporate alliances. This skill set is crucial for his role in business development, where he navigates complex agreements to support innovation and collaboration in the life sciences.
Language Proficiency and Interpersonal Skills
Hong Peng is fluent in Chinese and possesses excellent interpersonal skills, which enhance his ability to work across multiple cultural disciplines. His language proficiency and communication abilities are valuable assets in his role at Yale Ventures, where he engages with diverse stakeholders in the pharmaceutical and academic sectors.