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THE SECOND round of the European Union’s (EU) Innovative Medicines Initiative (IMI2) that starts in the New Year has been designed to ease funding applications by interested companies and other organisations forming consortia to develop innovative drugs, according to Michel Goldman, IMI executive director.…

A EUROPEAN Commission report has welcomed the outcome of a Euro EUR1.1 million European Union (EU) research project examining Good Practice in Traditional Chinese Medicine Research in the Post-Genomic Era – or GP-TCM.

Brussels said the project helped develop a European-Chinese network for collaborating on functional genomics research; reviewed current research practice; proposed standard methodological protocols; identified priority areas for future research; and developed online resources to support best practices.…

FRAUDSTERS using telecommunications without paying will cost the global industry around USD46 billion in 2013, according to the USA based Communications Fraud Control Association (CFCA). Based on a worldwide survey, its experts predict such losses this year will be 15% up on 2011 and will represent 2.09% of global revenues.…

THE EXTENT of waste in Europe’s austerity-hit public health services was one of the ‘elephants in the room’ – a big issue seldom discussed – identified by a professionals’ conference in Brussels, Belgium, on September 4 and 5.

150 delegates at the European Public Health Alliance (EPHA) annual conference heard that, on average, between 3% and 10% of budgets for European Union (EU) national health systems was lost through waste, but in some cases could even reach 30%.…

TELEPHONE scams where fraudsters dupe people into revealing personal and financial information or into making payments into the crook’s account may have affected at least 4% of the United Kingdom’s adult population.

This is according to estimates from the UK financial industry joint task force Financial Fraud Action UK (FFA UK) which studied this form of phone fraud known as ‘vishing’.…

QUITE a lot has happened at Europe’s airports since the European Commission took them to task in December 2010 over their ability – or want of it – to handle snow emergencies. The blizzards in that month were in many countries the worst for 30 years, bringing chaos to aviation and prompting Siim Kallas, the EU’s transport commissioner, to threaten airports with the imposition of minimum service requirements if things did not improve. …

A WORKSHOP held last week (Friday September 6th) to hear the views of interested parties on the conflicts of interest (COI) policies of the European Medicines Agency (EMA)has left the agency with a slew of sometimes conflicting opinions as it ponders the next step forward.…

Sandy Grant, CEO of Australia’s Hardie Grant, has told The Bookseller that he has bought British publisher Quadrille not only to fully participate in an increasingly global marketplace but to also fight the predators in the book market.

“Years ago I was told if your business is going to be cannibalised you should do it yourself.…

IS IT possible to divine ‘golden rules’ that increase the likelihood of freezing order relief being granted and lessen the risk of scoring an own-goal when potential costs are compared with what may be recovered?

Fraud Intelligence asked Thomas K Sprange, a partner and Solicitor Advocate in the London office of international law firm King & Spalding and a member of the firm’s International Arbitration Group.…

British universities have been partnering with the University of Hargeisa (UoH), of breakaway state Somaliland, to boost the institution’s international credibility.

Although international recognition has yet to be conferred on Somaliland since it separated from Somalia in 1991, its largest university with 6,500 students, located in the capital city of Hargeisa, been seeking foreign partners to supply a higher educational system to Somaliland students.…