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Finance Watch: J&J Notes JLabs Incubators' Success Stories To Date

Private Company Edition: Life science firms in J&J's JLabs incubators have raised $9.4bn to date from deals and financings, including five IPOs. Also, October brings a wide range of new equity and VC financings.

Finance Watch

Johnson & Johnson has made a big push with its JLabs life science incubators, with locations in the US biotechnology hubs of San Diego, San Francisco and Boston as well as in Houston, Texas and Toronto, Canada, and is now releasing data quantifying the accomplishments being made.

In an Oct. 12 report, Johnson & Johnson Innovation noted that J&J and its subsidiaries have entered into collaborations with 71 of the 312 start-ups that have been chosen as...

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