Business

Around the Region

Boston to get J&J research unit

NEW BRUNSWICK, N.J. — Johnson & Johnson says it will set up four regional ‘‘innovation centers’’ in life sciences hot spots around the world to speed up early research. One will be in Boston.

The health care giant wants to increase collaboration and investment across its businesses: prescription drugs, consumer health products, and medical devices and diagnostic equipment.

Advertisement

Scientists, entrepreneurs, and start-up companies will get one-stop access to J&J technology and science experts, who can facilitate collaborations with the company’s businesses.

Besides Boston, the centers will be in London, China, and California, with that one including campuses in San Diego and San Francisco. They’re expected to begin operating in the coming months.

Get Talking Points in your inbox:
An afternoon recap of the day’s most important business news, delivered weekdays.
Thank you for signing up! Sign up for more newsletters here

Many drugmakers increasingly are doing collaborations like this, particularly with university researchers. That’s because their own scientists haven’t been creating enough new drugs to replace billion-dollar blockbusters getting generic competition.

Associated Press

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com