Innovation in Victoria is set to flourish as Johnson & Johnson, in collaboration with the Victorian Government and Monash University, launched a Victorian office for identifying, nurturing and accelerating the commercial development of early stage health care solutions sourced from research organisations across the state.
BioMedVic CEO Jan Tennent was delighted to be in attendance when the new Johnson & Johnson Innovation Partnering Office at Monash (JJIPO@MONASH) was officially opened on 15 February by Victorian Minister for Health Jill Hennessy MP.
JJIPO@MONASH will enable greater access by Victorian researchers and companies to the global expertise in the scientist research, investment, and commercialisation arms of the Johnson & Johnson Family of Companies, which span pharmaceuticals, medical devices and consumer products.
The commitment from Johnson & Johnson is a testament to the world-class health and medical research capability in Victoria.
With a focus on generating healthcare solutions through partnerships, Johnson & Johnson Innovation already has research collaborations with a number of BioMedVic member organisations including Monash University, the University of Melbourne, RMIT University and St Vincent’s Institute. Building on these connections, the JJIPO@MONASH will act as a hub to “coordinate and upskill the Victorian life science community and to develop programs which will facilitate greater connectivity at both a state and global level,” said Pro Vice-Chancellor of Monash University (Enterprise) Sarah Newton.
Jan Tennent said the long term commitment was “great for research, great for industry, and great for Victorians and for people everywhere.”