JJDC (Johnson & Johnson Development Corporation)

JJDC, Inc. is the corporate venture capital arm of Johnson & Johnson, founded in 1973 and one of the longest-running corporate VC programs in healthcare. It makes equity investments across the full healthcare spectrum—pharmaceuticals, medical devices, diagnostics, and consumer health—at all stages from seed and Series A through Series B and beyond, including private investments in public equity. JJDC customizes each deal to the opportunity, acting as lead or follow investor, and portfolio companies gain access to J&J's global capabilities spanning discovery, clinical development, regulatory affairs, manufacturing, and commercialization. The investment team operates out of life science hubs in Boston, San Francisco, London, and Shanghai. JJDC does not publish a standard application portal; founders typically engage through J&J Innovation's regional offices or events.