JJDC Strategy Emphasizes the J & the J

Under the leadership of new president David Holveck, Johnson & Johnson Development Corp. is aligning its strategy more closely with the needs and wants of J&J's many companies.

by Tom Salemi

Founded in 1973, Johnson & Johnson Development Corp. (JJDC) is highly lauded by venture capitalists as perhaps the premier corporate venturing unit. It’s a prolific investor, usually among the most active investors in both biopharmaceutical and medical device start-ups. And it invests well, regularly finishing among the top tier of health-care investors ranked according to the number of portfolio companies that have gone public or been acquired

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