J&J to open innovation centres
September 19, 2012
JOHNSON & Johnson is set to
establish four innovation centers in
China, California, Boston and
London, to accelerate early
innovation and enhance
opportunities for collaboration and
investment across its global
healthcare businesses.
According to J&J the centres will
serve as regional hubs focused on
identifying early-stage innovations,
and establishing novel collaborations
to invest in and speed development
of those innovations to solve
unmet needs in patients.
The centres will boast in-house
science and technology experts and
will have local deal-making
capabilities, with flexibility to adapt
deal structures to match the earlystage
opportunity.
J&J also said that the four centres
will provide scientists
entrepreneurs and emerging
companies focused on early-stage
opportunities with access to its
experts who can facilitate
collaborations across the
company’s pharmaceutical, medical
device and diagnostics and
consumer companies.
“The innovation centers allow us
to be closer to where the innovation
occurs, to access and invest in the
best early-stage science and
technology, and to fuel our
business as well as the health of
the innovation ecosystem overall,”
said Dr Paul Stoffels, J&J Worldwide
Chairman, Pharmaceuticals .
“Together with innovators and
entrepreneurs, we can more rapidly
deliver value and make a difference
in the health and lives of people
worldwide,” he added.
The above article was sent to subscribers in Pharmacy Daily's issue from 19 Sep 12To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 19 Sep 12
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