Sand Hill Road in Menlo Park, Calif., is the place where a good idea can often evolve into something new: a good idea with a budget and influential friends.
Daniel Acker/Bloomberg News Now there’s a powerful new player at the base of Sand Hill Road, one that wants to work alongside venture capitalists and perhaps even offer them exits from some of their more promising medical-technology investments.
After opening up successful “innovation centers” in London and Boston, Johnson & Johnson has landed in Silicon Valley, moving investors, executives and clinical specialists into a locale that will put the company in direct contact with medical-technology startups and the venture firms that are frequently their financial engines.
To read the original article: J&J the Latest Health-Care Giant to Venture Into Silicon Valley - Venture Capital Dispatch - WSJ
