Penn JPod will be one of two university-focused networking hubs backed by Johnson & Johnson to drive commercialisation and knowledge transfer in the healthcare sector.

University of Pennsylvania has teamed up with pharmaceutical company Johnson & Johnson to launch a networking hub for the university’s healthcare innovation ecosystem.

The facility, named JPod @ Philadelphia, will operate in partnership with Johnson & Johnson Innovation – JJDC, the firm’s corporate venturing division, as well as its JLabs incubator.

Johnson & Johnson also plans to open another JPod collaboration with University of Alberta, according to the Inquirer.

The JPod initiative aims to confront business, financial and operational barriers…