Johnson & Johnson Innovation Announces New Collaborations Advancing Ground-Breaking Biomedical Innovation Around the Globe

NEW BRUNSWICK, N.J., June 15, 2017 /PRNewswire/ -- Johnson & Johnson Innovation LLC today announced new collaborations that seek to develop potential treatments for diseases in urgent need of solutions, including obesity and related complications, such as type 2 diabetes and non-alcoholic steatohepatitis (NASH), and rheumatoid arthritis, and advance cutting-edge technologies, including 3-D printing to create customized health solutions.

Additionally, through an effort to advance global public health, the Janssen Pharmaceutical Companies is sharing its molecular compound libraries with collaborators developing treatments for diseases of the developing world. The need for new efforts to fight infectious diseases to prevent pandemics and address other threats was recently highlighted with "The Unseen Enemy," a documentary supported by the Johnson & Johnson Family of Companies. The mission of the film is to raise awareness of the importance of outbreak preparedness and prevention.

"Fulfilling the unmet needs facing patients today requires continued investment in the ideas that could become the healthcare solutions that improve and extend patients' lives in the future," said Paul Stoffels, M.D., Chief Scientific Officer, Johnson & Johnson. "Today's collaborations illustrate Johnson & Johnson Innovation's continued commitment to identifying and advancing the most innovative ideas - wherever they originate - that could transform patients' lives, particularly those in most need in developing parts of the world."

Catalyzing Innovation for Improved Global Public Health

    --  Sharing Molecular Libraries to Fight Neglected Diseases and Pandemic
        Threats - As part of the Johnson & Johnson global public health
        commitment, Janssen Pharmaceutica NV (Jannsen) has established
        collaboration agreements with the goal of accelerating the discovery of
        new treatments for tuberculosis, malaria, neglected tropical diseases
        (NTDs) and other diseases prevalent in the developing world. Through
        WIPO Re:Search, the international research consortium led by the
        non-profit BIO Ventures for Global Health (BVGH) and the United Nations
        World Intellectual Property Organization (WIPO), Janssen has opened
        segments of its molecule library - containing a set of 80,000 diverse,
        high-quality chemical compounds - to the global research community to
        enable collaborators to identify and advance promising drug candidates.

Key institutions and programs leveraging the opened library include:

    --  The U.S. National Institute of Allergy and Infectious Diseases (NIAID)
        of the National Institutes of Health has designed screens they will use
        to potentially identify compounds from the library that can potentially
        kill Mycobacterium tuberculosis, the etiologic agent of tuberculosis
        (TB), the world's leading cause of death due to an infectious agent,
        with the goal of developing these compounds into new drugs for TB
        patients. Other TB work includes collaborations with Washington
        University in St. Louis and University of California, Berkeley.
    --  The Center for Discovery and Innovation in Parasitic Diseases at the
        University of California San Diego, in collaboration with Janssen
        Discovery Sciences, is boosting discovery of Chagas disease therapies
        leveraging CRISPR technology in conjunction with Janssen's molecule
        library and other resources to develop treatments for a debilitating and
        potentially life-threatening parasitic infection.
    --  The Walter and Eliza Hall Institute of Medical Research (Australia) is
        leveraging its high throughput P. falciparum assay platform to identify
        a novel class of small molecules from the library with the requisites of
        a drug-like scaffold to treat malaria. Selection of the most promising
        compounds for further development would be performed in collaboration
        with Janssen.

"By working collectively, the global health community can increase and accelerate the potential to achieve major research breakthroughs for the millions of people worldwide who suffer from these devastating diseases," said Wim Parys, M.D., Head, R&D Global Public Health, Johnson & Johnson. "Opening our compound libraries and providing our partners access to the research capabilities of the Johnson & Johnson Family of Companies underscores our commitment to accelerate the pace of innovation to broaden our reach and deepen our impact."

New Collaborations in Johnson & Johnson Innovation Portfolio

The collaborations announced by Johnson & Johnson Innovation today include investments and strategic transactions to advance biomedical research that could ultimately improve patients' lives. The collaborations formed are as follows:

    --  Uncovering New Treatment Approaches for Obesity and Related
        Complications - The obesity epidemic continues to grow globally,
        creating an urgent need for new therapeutics delivering stronger
        efficacy and sustained results for both obesity and obesity related
        conditions, such as type 2 diabetes and nonalcoholic steatohepatitis
        (NASH). Janssen Pharmaceuticals, Inc. has formed a multi-project
        collaboration with the University of California San Diego School of
        Medicine to identify pathways and mechanisms driving disease
        progression, as well as clinically useful biomarkers, therapeutic
        targets and gastric bypass approaches that could yield improved
        treatments for obesity and related conditions, including NASH, chronic
        kidney disease (CKD), metabolic liver disease and additional obesity
        related conditions. Projects under this collaboration will include
        exploration of animal and cell models of NASH and CKD, discovery of
        mechanisms invoked by bariatric surgery, disease-related biomarkers and
        novel therapeutic targets.
    --  3-D Printing to Create Customized Health Solutions - 3-D printing holds
        the potential to create customized health solutions that can mean
        increased satisfaction and better outcomes for patients. Johnson &
        Johnson is working to change the landscape of healthcare through 3-D
        printing innovations and its affiliate Johnson & Johnson Services, Inc.
        recently executed a research collaboration with Inkbit Corporation, a
        3-D printing startup recently spun out of MIT. The collaboration will
        help to optimize and validate Inkbit's manufacturing platform. Inkbit
        has developed a unique multi-material 3-D printing technology that is
        well suited for highly complex consumer products with integrated
        electronics.
    --  Advancing World-Class Improvements for Contact Lenses -To help maintain
        its position as a leader and bring premier innovation to eye health and
        vision correction, Johnson & Johnson Vision Care formed two distinct,
        multi-year collaborations with the University of Waterloo in Ontario,
        Canada. Johnson & Johnson Vision Care and the Johnson & Johnson
        Innovation Center in Boston will work closely with leading translational
        researchers at Waterloo with the aim to develop contact lenses with
        unparalleled visual performance and new health benefits.
    --  Advancing Novel RA Therapeutics - Rheumatoid arthritis (RA) affects more
        than 1.3 million adults in the United States and nearly one percent of
        the world's population. Janssen Biotech has formed a multi-year
        collaboration and pre-negotiated option-to-license agreement with Monash
        University to discover and develop biologic next-generation therapeutics
        to treat, prevent and intercept RA.
    --  Improving Manufacturing Efficiencies -Johnson & Johnson Consumer, Inc.
        and SLIPS Technologies, which has developed a unique surface coating
        technology in which residual process fluids slip right off, have entered
        into a research collaboration aimed at improving manufacturing process
        efficiency and saving costs by reducing downtime, waste, energy and
        water usage.

New Technology Platform Company Joins JLINX

    --  Analyzing the Host-Microbiome Relationship - Clarity Genomics is joining
        the JLINX incubator and is developing a platform that learns how human
        microbiome communities interact with the host through analysis of
        genetic, functional and metabolic data and applies this knowledge to
        facilitate biomarker discovery and patient stratification for better
        healthcare.

"Our unique approach to creative deal making has helped us build of one of the most robust innovation portfolios in the industry, and through these collaborations we are advancing transformative products that could improve or extend patients' lives," said Robert G. Urban, Ph.D., Global Head, Johnson & Johnson Innovation. "The innovative ideas of our collaborators paired with the unmatched resources we can offer through Johnson & Johnson Innovation have advanced multiple programs to key inflection points resulting in acquisition or in-licensing of several technologies."

Johnson & Johnson Innovation has established more than 20 significant new strategic relationships in 2017 to add to its innovation portfolio, including leading a $900 million Series B financing in GRAIL to support development of blood tests for the early detection of cancer. Several collaborations in the Johnson & Johnson Innovation portfolio have matured to the point of strategic licensing or acquisitions of the programs by members of the Johnson & Johnson Family of Companies this year. In April, DePuy Synthes Products, Inc. announced the acquisition of 3-D printing technology from Tissue Regeneration Systems, Inc. to create patient-specific, bioresorbable implants to support bone healing in patients with orthopaedic and craniomaxillofacial deformities and injuries. In May, Janssen Biotech, Inc. announced a worldwide exclusive license and collaboration agreement with Protagonist Therapeutics, Inc. to develop, manufacture and commercialize PTG-200, a first-in-class, oral interleukin-23 receptor antagonist drug candidate in development for the treatment of Crohn's disease and ulcerative colitis.

About Johnson & Johnson Innovation
Johnson & Johnson Innovation LLC focuses on accelerating all stages of innovation worldwide and forming collaborations between entrepreneurs and Johnson & Johnson's global healthcare businesses. Johnson & Johnson Innovation provides scientists, entrepreneurs and emerging companies with one-stop access to science and technology experts who can facilitate collaborations across the pharmaceutical, medical device and consumer companies of Johnson & Johnson. Under the Johnson & Johnson Innovation umbrella of businesses, we connect with innovators through our regional Innovation Centers, Johnson & Johnson Innovation | JLABS, Johnson & Johnson Innovation - JLINX, Johnson & Johnson Innovation - JJDC, Inc. and our Business Development teams to create customized deals and novel collaborations that speed development of innovations to solve unmet needs in patients. For more information, visit www.jnjinnovation.com or follow @JNJInnovation.

Cautions Concerning Forward-Looking Statements
This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding new collaborations seeking to discover and develop potential treatments for diseases and to advance research and development of healthcare solutions and technologies. These forward-looking statements are based on current expectations and beliefs. However, there are substantial risks and uncertainties that could cause actual outcomes to vary materially from the expectations or projections expressed or implied by Johnson & Johnson Innovation LLC, Johnson & Johnson and their affiliated companies. Risks and uncertainties include, but are not limited to: the potential that the expected benefits and opportunities related to the collaborations may not be realized or may take longer to realize than expected; challenges and uncertainties inherent in research and development of new products, including the possibility that research might not yield beneficial results and the uncertainty of clinical success and obtaining regulatory approvals; competition, including technological advances, new products and patents attained by competitors; changes in behavior and spending patterns of purchasers of health care products and services; and global health care reforms and trends toward health care cost containment. Further discussion of the risks, uncertainties and other factors that could cause actual results to differ from the expectations expressed in this release can be found in Johnson & Johnson's Annual Report on Form 10-K for the fiscal year ended January 1, 2017, including under "Item 1A. Risk Factors," in its most recently filed Quarterly Report on Form 10-Q, including in the section captioned "Cautionary Note Regarding Forward-Looking Statements," and the company's subsequent filings with the Securities and Exchange Commission. Copies of these filings are available online at www.sec.gov, www.jnj.com or on request from Johnson & Johnson. Johnson & Johnson Innovation LLC, Johnson & Johnson and their affiliated companies do not undertake to update any forward-looking statement as a result of new information or future events or developments.

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SOURCE Johnson & Johnson Innovation LLC