Tuesday, September 18, 2012

Johnson & Johnson to open 'innovation centers' in Bay Area, globally

Johnson & Johnson will establish an innovation center in the Bay Area as part of a global plan to scout early innovation and boost partnerships with universities and biotech companies. The New Brunswick, N.J.-based drug, medical device and diagnostic powerhouse (NYSE: JNJ) said Tuesday that it will set up "innovation centers" over the next few months in San Francisco -- including a satellite in San Diego -- as well as Boston, London and China.

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