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J&J Funds Deshpande Center

Johnson & Johnson Services, a subsidiary of global healthcare giant Johnson & Johnson, will donate $750,000 to MIT’s Deshpande Center for Technological Innovation over the next five years, the center announced today. As a new member of the center’s Corporate Program, J&J’s Corporate Office of Science and Technology will also advise projects and grantees at the center, which is dedicated to lab-bench technologies developed at MIT toward commercialization.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.

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