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Clearer IP rules in €2 billion pharma project, but biotechs still wary

This article was originally published in Scrip

Executive Summary

The €2 billion Innovative Medicines Initiative (IMI), set up by the European Commission and the European pharma trade association EFPIA to kick start consortia research in drug development, has made some progress in pleasing some of its critics, by improving its intellectual property (IP) rules that were seen to mostly benefit big pharma. However, the biotech sector is still finding it a little too complicated.



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