J&J, PCH join forces for medtech hardware incubator

Johnson & Johnson (NYSE:JNJ) is teaming up with hardware manufacturer PCH to create a medtech hardware accelerator.

The joint operation, titled Hardware for Health, will be overseen by PCH and provide physical space, funding, and assistance designing, distributing, marketting and navigating regulatory channels for medical devices, according to the companies.

The program, based in the San Francisco, Calif. area, is accepting applications starting today, according to the Hardware for Health site.

The new accelerator is looking for applications from a wide breadth of start-ups, including early prototype companies and companies that have already produced products for the market.

“Hardware and healthcare are converging as consumers increasingly interact with health-related devices. We will help take hardware health companies to market with a one-stop program to assist with product design, manufacturing and distribution, while navigating the complex regulatory framework surrounding healthcare,” PCH Access veep David Austin said in a press release.

The program won’t be limited to only healthcare, however, with the incubator program allowing any devices related to well-being that target an area of unmet need, according to the companies.

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