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Janssen Research & Development, LLC Opens JANSSEN LABS at San Diego
Date:1/17/2012

ave access to core research labs hosting specialized capital equipment and core administrative areas maintained by Janssen Labs operations management team.

"This arrangement allows the companies to focus on the development of the science instead of setting up and managing the labs," said Miralles.  "We believe this open innovation model will minimize cost and time and is an effective way for companies to develop and focus on research."

Because Janssen Labs is an open innovation model, the agreement for the space does not grant Janssen any stake in the companies nor will the companies have a guaranteed future affiliation with Janssen.
If either Janssen or a residing company is interested in furthering the business relationship, the process would be the same as for any external partnership or collaboration. 

To date, the management team of Janssen Labs has received and reviewed more than 100 applications. Companies are evaluated based on criteria such as compelling science and/or technology, area of significant medical or market need, credible science/technology team, demonstrated financial solvency, etc.  The applying companies represent diverse sectors across healthcare including biotech, pharmaceuticals, medical devices, instrumentation and diagnostics.  The facility can accommodate a maximum of 18 to 20 companies, and the application and assessment process will continue throughout 2012."We are pleased by the overwhelmingly positive response since we announced our plans to open Janssen Labs at San Diego a few months ago," says Miralles.  "Across sectors, stages and geographies, entrepreneurs and start-up companies are interested in this 'no-strings-attached' capital-efficient model to progress their scientific work.  Our goal with Janssen Labs is to give novel technologies a greater opportunity to reach the patient by reducing some of the hurdles of early stage discovery."

Janssen's operational manageme
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SOURCE Janssen Research & Development, LLC
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