Johnson & Johnson Innovation Launches Biotech Incubator In Medical Center
Johnson & Johnson Innovation today opened JLABS @ TMC, a new 34k SF life sciences incubator at 2450 Holcombe. It will provide entrepreneurs with shared lab space, private offices, modular laboratory suites and business services.
The space can accommodate up to 50 startups, and will open with 21 companies. This first class of resident startups includes the four winners of the JLABS Quick Fire Challenge, which awards promising early-stage innovation companies with residency at the facility.
This is the fifth JLABS facility to open in the US. The Houston site is the first to open with a medical device prototype lab, including a 3D printer.
JLABS is part of Houston's $2B plan to be a biotech hub, including a 30-acre biotech campus in the Texas Medical Center and the TMCx accelerator that opened in 2014.