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Monday, 21 September 2009

Innovative Medicines Initiative

The Innovative Medicines Initiative (IMI), the public-private partnership between the European Commission and the European pharmaceutical industry, represented by EFPIA, made its first major announcement of the success of the collaboration. IMI announced the topics of research of its second call for proposals. With these topics, IMI aims to accelerate the discovery and development of new medicines in the field of cancer, inflammatory and infectious disease. The funding available for the 2nd call will be €156.3 million, with €76.8 million provided by the European Commission and €79.5 million expected to be provided in kind from EFPIA member companies. IMI also introduced also its newly-appointed Executive Director, Michel Goldman, who officially took up his post on 16 September.

Source: European Commission

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