SAN DIEGO, Jan. 17, 2012 /PRNewswire/ -- Janssen Research & Development, LLC, (Janssen) today opens Janssen Labs at San Diego, a 30,000-square-foot life science innovation center, located within the company's Janssen West Coast Research Center. The innovation center provides a capital efficient, flexible lab environment for start-up companies pursuing new technologies and research platforms to advance medical care.
"A thriving biotech ecosystem is crucial for the success of the pharmaceutical industry as a whole," said Diego Miralles, M.D., site head for the West Coast Research Center. "Recent challenges in the economic environment have made it difficult for many emerging biotech companies. We believe that supporting and nurturing these companies will be good for the entire industry."
San Diego Mayor Jerry Sanders will present Janssen with a commendation in recognition of their contributions to the vibrant and growing life science industry in San Diego.
"This new venture is part of our overall strategy to spur innovation, and underscores our commitment to advance novel discoveries quickly and efficiently from the bench to the patient bedside," said Miralles. "By providing a flexible and cost-efficient way to test new ideas, Janssen Labs provides early stage companies a way to overcome the typical hurdles faced by start-up companies, which are even greater in the current economic climate."
The Janssen Labs model provides small companies many of the advantages of being in a big company, without the capital investment. Companies can license for space and equipment modular wet lab units on a short-term renewable basis and only pay for the space that they need, with an option to quickly expand when they have the resources to do so. The companies will also h
|SOURCE Janssen Research & Development, LLC|
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