EU's "Horizon 2020" to fund innovative drug/diagnostic R&D and boost life sciences industry

The European Parliament has given the go-ahead to "Horizon 2020", the EU's most ambitious research and innovation program to date. With a budget of almost €80bn over seven years, the program includes public-private partnerships in areas such as novel medicines, biomarkers and diagnostics.

The European Parliament has given the go-ahead to "Horizon 2020", the EU's most ambitious research and innovation program to date. With a budget of almost €80bn over seven years, the program includes public-private partnerships in areas such as novel medicines, biomarkers and diagnostics.

Horizon 2020, which is expected to be approved by EU member states next month, will succeed the current seventh framework research programme (FP7) from next year

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