Janssen Labs at San Diego
Janssen Labs is a new life science innovation center created by Janssen Research & Development, LLC (JRD) at its La Jolla-based West Coast Research Center. By providing emerging healthcare companies with many big company advantages, Janssen Labs offers a capital efficient way for companies to discover and develop solutions to the healthcare challenges we face today. This model is intended to give companies the opportunity to invest their capital in research instead of infrastructure and to focus resources on progressing science instead of day-to-day operations.
The Janssen Labs companies reside in modular and scalable lab units, designed to grow with the companies, while access to core research facilities with specialized equipment and administrative areas make it easier to do business. Janssen Labs daily operations are supported Prescience International, an external, award-winning team specialized in the creation and management of innovation centers. Through this "no strings attached" model, JRD does not take an equity stake in the companies occupying Janssen Labs and the companies are free to develop products - either on their own, or by initiating a separate external partnership with JRD or any other company.
Janssen Labs is looking for high-potential companies from diverse healthcare sectors including biotech, pharmaceuticals, medical devices, instrumentation and diagnostics to be a part of Janssen Labs. Companies are selected based on the following criteria:
- Compelling and credible science and/or technology
- Area of significant medical or market need
- Demonstrate financial solvency