Volume 95 Issue 3 | p. 8 | News of The Week
Issue Date: January 16, 2017 | Web Date: January 11, 2017

J&J sets up NYC biotech incubator with partners

Pharma company establishes seventh JLABS location to house start-ups
Department: Business
Keywords: entrepreneurship, biotechnology, Johnson & Johnson, start-ups, New York

Johnson & Johnson is joining with the New York Genome Center to open a biotech incubator at the center’s site in New York City. Established in 2013, the nonprofit has 18 research institutions as its members. The state will contribute $17 million toward the JLABS@NYC facility, which will open in 2018.

Able to house up to 30 start-ups, the 2,800-m2 incubator is the seventh JLABS set up by J&J in five years. Biotech, pharma, medical . . .

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