Venture Capital in USA – Johnston Associates Inc.

Johnston Associates, Inc (JAI) is a venture capital firm founded in 1968 by Robert F. Johnston. JAI provides seed capital to emerging companies in the general Princeton, New Jersey area for healthcare related start-up businesses, with emphasis in the pharmaceutical and biotechnology industries. JAI has started several companies by finding the technology, assembling the management team and raising the follow on money. Due to the time-consuming nature of start-ups, Johnston Associates typically invests in one enterprise a year. JAI\'s investments have ranged from $300,000 to over $3,000,000. Stringent criteria are applied to scientific achievement, market potential, uniqueness of approach, and caliber of co-founders. Their INTERESTS include: Therapeutics and delivery mechanisms, Separations and purification technologies, Databases for therapeutic discovery, Drugs from Europe, and Drugs to be repositioned. © Johnston Associates Inc.