Titan Medical Inc (TMDIF)

[JeezTrades]

"Following the trend of the broader pharmaceutical world, Johnson & Johnson’s medtech division is interested and ready for partnering out – pushing a decentralized business model that focuses heavily on external collaboration.

“We have the humility to understand that we don’t own all the information or knowledge on medical technology,” Martin Fitchet, global head of R&D for J&J Medical Devices, said in an interview at this week’s AdvaMed 2015 conference in San Diego. “There’s a big world out there. Academia. Startups. Other companies. Government. All working on technologies that we’d love to partner with, and add our expertise.”

Indeed, despite a pattern of stagnant funding in the medical device industry, the medtech behemoth is optimistic and looking to branch out – pursuing early stage technologies. J&J already has a well-established innovations arm and a venture capital team – and it’s looking to expand..."


http://medcitynews.com/2015/10/jjs-medtech-arm-partnering-out-pushing-innovation-agenda/