The 30 partners in the European Lead Factory plans to contribute at least 300,000 compounds and develop about 200,000 more compounds.

Seven corporations, including Bayer and Johnson & Johnson, have joined academics in a crowd-sourcing and open innovation platform for the European drugs industry. The other corporations that are in aggregate are investing more than €100m ($120m) are AstraZeneca, Lundbeck, Merck KGaA, Sanofi and UCB Pharma. The 30 partners in the European Lead Factory plans to contribute at…

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