EU releases more funding for innovative medicines

Published: 15-Dec-2009

A second formal call for research proposals from the pharmaceutical industry has been made by the European Union's innovative medicines initiative.


A second formal call for research proposals from the pharmaceutical industry has been made by the European Union's innovative medicines initiative.

The joint venture operated by the European Commission (EC) and the European Federation of Pharmaceutical Industries and Associations wants research consortia to bid for funding on nine topics. The EC is contributing Euro 76.8m matched by in-kind donations from pharmaceutical companies.

Three topics would improve knowledge management, focusing on improving data standards to help evaluate new medicine efficacy and safety of new medicines and ease the sharing of information accelerating drug development.

The six other topics focus on improving drugs against cancer, inflammatory and infectious diseases.

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