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Business

Janssen Labs To Open Incubator

by Lisa M. Jarvis
May 19, 2014 | A version of this story appeared in Volume 92, Issue 20

Janssen Labs, a part of Johnson & Johnson’s pharmaceutical R&D arm, is building a 30,000-sq-ft facility in South San Francisco to host up to 50 biotech start-ups. The incubator will include shared and private lab and office space, as well as business support services. Since early 2012, Janssen Labs has established incubators in San Diego, San Francisco, and Boston; currently, 53 companies are hosted across the three sites. In a separate move, Janssen Labs will award three start-ups $50,000 each to become part of its Boston site.

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