Johnson & Johnson (JNJ -0.1%) and GlaxoSmithKline (GSK -0.2%) join forces with VC firm Index...

|About: Johnson & Johnson (JNJ)|By:, SA News Editor

Johnson & Johnson (JNJ -0.1%) and GlaxoSmithKline (GSK -0.2%) join forces with VC firm Index Ventures to form a €150M ($199M) life sciences fund to identify and invest in early stage technologies in disease areas with high market needs.