JLABS in the media

Oct 18 2011XconomyBruce V. Bigelow

Johnson & Johnson Creates Innovation Center for Life Sciences Startups in San Diego

“It’s a completely ‘no-strings attached’ business model,” says Miralles. He estimates the innovation center will occupy about 35,000 square feet, and consist of “modular and flexible” offices available for startups developing mostly biotech and health IT-related technologies. The companies would share a common space designated for high-end research equipment, such as mass spectrometers and flow cytometers, as well as copy machines, office supplies, and other tools. “There is no quid pro quo. None,” Miralles says. “Entrepreneurs like to be free.”

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