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Nature Medicine 14, 107 (2008)
doi:10.1038/nm0208-107

Europe pledges billions to solve its drug development woes

Virginia Hughes1

  1. New York

When the Danish biopharmaceutical company Action Pharma incorporated in May 2000, it had four academic founders and AP214—an anti-inflammatory drug candidate designed to prevent organ failure after heart surgery. However, despite the promise of AP214 and the scientific credentials of its creators, Action Pharma had a tough time attracting investors.