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Launch of IMIDIA - An Innovative Medicines Initiative Project for Diabetes
Date:6/14/2010

FRANKFURT, Germany and LAUSANNE, Switzerland and PARIS, June 14, 2010 /PRNewswire-FirstCall/ -- IMIDIA ("Innovative Medicines Initiative for Diabetes"), a public private consortium funded by the Innovative Medicines Initiative (IMI), announced today the launch of a project focusing on pancreatic islet cell function and survival. Academia, biotech and pharma industry have joined forces to develop biomarkers and tools to pave the way for improved disease management and ultimately provide a cure for diabetes.

Leading European experts from 14 academic institutions, 8 pharmaceutical research organizations and 1 biotech company in the area of pancreatic ss-cells (= the body's own insulin producing cells) officially launched the IMIDIA project. The project is supported by the Innovative Medicines Initiative (IMI). IMI a unique Public Private Partnership between the pharmaceutical industry (represented by the European Federation of Pharmaceutical Industries and Associations / EFPIA) and the European Union. The EU contributes a total of EUR 1 billion over ten years, which is matched in-kind by the EFPIA member companies.

IMIDIA is an important stepping stone in the development of better tools, biomarkers and understanding to enable the development of ss-cell medicines - a key to an ultimate long-term vision: the cure for diabetes. This pandemic disease of the 21st century currently affects 285 million people worldwide. It is anticipated that this number will rise sharply to affect 439 million people worldwide by 2030 in particular spreading to the younger population.

IMIDIA is a unique collaboration of leading research groups in Europe focusing on the nec
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SOURCE Sanofi-aventis R&D
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