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11 Mar 2011

Europeans Inject $241M into New Development Projects

A two billion-euro program unleashed a fresh, $241 million round of financing for dozens projects aimed at spurring close alliances among academics and drug developers.

A fresh, $241 million round of financing for dozens projects  has been unleashed by a program funded by the European Commission and the biopharma industry,  aiming at spurring close alliances among academics and drug developers.

 

In this latest round 65 projects involving members of the European Federation of Pharmaceutical Industries and Associations, 103 academic teams, various enterprises and patient groups gained funds to develop drugs for rheumatoid ar

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