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EU's Innovative Medicines Initiative Funds Eight More Projects to Develop New Drugs


3/10/2011 7:28:13 AM

Pharma Letter -- The European Union’s Innovative Medicines Initiative (IMI), Europe's largest public-private partnership in the biopharmaceutical sector, yesterday launched its second wave of research projects. With a total budget of 172 million euros ($240.8 million), the eight new projects will aim to develop new treatments for cancer, rheumatoid arthritis and infectious diseases.

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