Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

Johnson & Johnson Innovation Announces Collaborations with Two Canadian Early-Stage Drug Technology Development Centers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/10/2013 | 02:09pm CEST

Johnson & Johnson Innovation and its affiliate Janssen Inc. in Canada today announced new collaborations with two Canadian early-stage drug technology development centers, Montreal-based NEOMED and Toronto-based MaRS Innovation, to identify and advance promising bio/pharmaceutical technologies that have the potential to impact human health.

Through these collaborations, technical experts from the Johnson & Johnson Innovation Center in Boston, Massachusetts will work with NEOMED and MaRS Innovation to identify investment opportunities emerging from well-validated scientific research discoveries within their communities of academic institutions and biotechnology companies.

"We know from our history of engagement that the Canadian bio/pharmaceutical environment is one of the most vibrant in the world," said Robert Urban, Head of the Johnson & Johnson Innovation Center, Boston. "These new collaborations will allow us to potentially advance important new clinical candidates against disease."

"Quebec and Ontario are home to numerous world-class academic and biomedical research enterprises," said Paul Kershaw, Vice President of Medical Affairs, Janssen Inc. in Canada. "These new relationships with NEOMED and MaRS Innovation are an extension of our commitment to Canada's innovative research community."

NEOMED is a not-for-profit, public-private Pharma alliance dedicated to drug discovery and development. Partially funded by the Ministère des Finances et de l'Économie du Québec, NEOMED is within the NEOMED Institute, a state-of-the-art R&D facility in the Montréal Technoparc.

MaRS Innovation is the commercialization agent for Ontario's discovery pipeline from 16 leading academic institutions. MaRS Innovation is supported by the Government of Canada through the Networks of Centres of Excellence, by the Government of Ontario through the Ontario Centres of Excellence, and by its 16 member institutions.

About Johnson & Johnson Innovation

The Boston Innovation Center is part of Johnson & Johnson Innovation, a division of Johnson & Johnson Finance Corporation. Johnson & Johnson Innovation focuses on accelerating early innovation and enhancing opportunities for collaboration and investment across Johnson & Johnson's global healthcare businesses. Johnson & Johnson Innovation provides scientists, entrepreneurs and emerging companies focused on early-stage opportunities a one-stop access to science and technology experts who can facilitate collaborations across the pharmaceutical, medical device and diagnostics and consumer companies of Johnson & Johnson. Johnson & Johnson Innovation includes local deal-making capabilities with the flexibility to adapt deal structures to match early-stage opportunities and establish novel collaborations that speed development of those innovations to solve unmet needs in patients. Follow us @jnjinnovation on Twitter. Please visit www.jnjinnovation.com for more information.

About Janssen Inc.

Janssen is dedicated to addressing and solving some of the most important unmet medical needs of our time in oncology, immunology, neuroscience, infectious diseases and vaccines, metabolic and chronic diseases and women's health. Driven by our commitment to patients, we bring innovative products, services and solutions to people throughout the world. Janssen Inc. in Canada is part of the Janssen Pharmaceutical Companies of Johnson & Johnson. Please visit http://www.janssen.ca for more information.

Johnson & Johnson
John Lacey, 781-392-5514
jlacey1@ITS.JNJ.com
or
Feinstein Kean Healthcare
Jessica Rowlands, 202-729-4089
jessica.rowlands@fkhealth.com


© Business Wire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news
Date Title
01:50p SCIENCE APPLICATIONS : MILITARY $39,522 Federal Contract Awarded to Science Applications International
01:50p EXTRA : HomeServe Eyes US Growth After Annual Profit Rises
01:48p EXTRA : Entertainment One Outlook Good As Annual Profit Rises
01:48p AB „Vilniaus degtinė“
01:48p Higher home sales, prices drive Toll Brothers revenue beat
01:48p Rhino Resource Partners LP Announces Amendment for Credit Agreement Extension
01:47p MERCK : Nigeria Receives Record Praziquantel Donation
01:46pDJKirkland's Misses Views
01:46p SGS SOCIETE GENERALE DE SURVEILLANCE : Formulating Cosmetics for Different Markets
01:46p MINISTRY OF FINANCE OF REPUBLIC OF INDONESIA : Minister of Finance Inaugurates 28 Second-Echelon Officials of DJP, DJA and DJPB
Latest news
Advertisement
Hot News 
DGAP-NEWS : Deufol SE: Deufol SE resolves share buyback
MOSMAN OIL AND GAS : & Gas Buys 20% Stake In GEM International (ALLISS)
JUPAI : Reports First Quarter 2016 Results
U.K. Region Approves First Fracking Permit Since 2011
SEB Shares Soar on WMF Deal
Most Read News
05/23DJTurkey and EU At Odds Over Funding Delivery
Most recommended articles
05/17DJU.S. Grains, Soybeans Climb Amid Fund Buying
07:48a Higher home sales, prices drive Toll Brothers revenue beat
07:46aDJKirkland's Misses Views
07:46aDJToll Brothers Results Beat Forecasts
07:43a Buy UK bank bonds, long-dated gilts regardless of Brexit vote - Pimco