Press Release: Innovative Medicines Initiative: putting Europe at the forefront of biopharmaceutical innovation

On 14 September, 2009, 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 its newly-appointed Executive Director, Michel Goldman, who will officially take up his post on 16 September.