JLINX launched amid excitement at pharma's role in stimulating biotech discoveries

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A new initiative launched to harness some of Europe’s most exciting biotech prospects could help to inspire the next generation of drug discoveries, according to bosses at US pharma giant Johnson & Johnson (NYSE: JNJ) and its subsidiary Janssen.

They officially launched Johnson & Johnson Innovation, JLINX, at the newly-modernized Janssen Campus in Belgium this week.

The arrangement does not just offer researchers the chance to use Janssen’s laboratories and all their testing facilities and other infrastructure, as well as to make use of its scientific expertise – both vital in reducing the cost and time of carrying out research.

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