J&J Sprouts New Innovation Centers In Industry Hot Spots

In an effort to expand outreach to and interaction with innovation rich communities, J&J is creating four new regional innovation centers to act as scouts, dealmakers and alliance managers in Shanghai, Boston, California and London.

Johnson & Johnson has announced a significant reshuffling and expansion of its external innovation initiatives. It is creating four new hubs in Boston, California, London and Shanghai that will act as combined scouting, dealmaking and alliance management centers in major life sciences hotspots.

J&J’s introduction of its innovation centers Sept. 18 is partly an opportunistic strategy and partly defensive maneuvering designed to gain...

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