Johnston Associates
Johnston Associates (JAI), founded by venture capitalist Robert F. Johnston in 1968, specializes in providing seed capital to emerging healthcare-related startups, particularly in the pharmaceutical and biotechnology sectors. The firm has a proven track record of nurturing young companies through financial assistance and strategic managerial and technical support, leveraging an extensive network across academia and the medical community for ongoing growth.
JAI has invested in a diverse portfolio of companies, ranging from diagnostics to drug delivery and environmental solutions. With a focus on scientific achievement and market potential, the firm applies stringent criteria for investment, typically committing between $300,000 and $3,000,000 per enterprise, and has been instrumental in the launch and development of notable biotech companies over the decades.
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