Three Biomedical Funders to Launch Open Access Journal – ScienceInsider

“Three heavyweight, nongovernmental funders of science announced today that they are launching a free online biology journal aimed at publishing the very best papers within a few weeks of submission. But few confirmed details are available about the journal, which doesn’t yet have a name, editor, publisher, or business model.”

These are big organizations, backing an old, but still small, area of science publishing. The good thing is that these organizations bring yet another business model for open access publication, and they have the funds to be patient before the venture funds itself.

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