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EU Rolls Out New Medicines Initiative

With backing from pharma and high hopes, EU takes steps to improve front-end approaches to R&D.

By the time you read this, the European Union will have announced the formal start of its so-called Innovative Medicines Initiative-and the clinical trials support programs that go with it

The initiative, backed by the European Union-with an initial grant of euro122 million ($200 million)-and the European pharmaceutical industry, claims to support more efficient discovery and development of better medicines by removing research bottlenecks in the current drug development process. No new medicines will be developed as such. The focus will be on the delivery of new approaches and technologies ...

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