Leading biomedical charity the Wellcome Trust is to set up a free online journal for scientific publications to compete with existing academic journals and boost wider access to research.
Wellcome’s policy has for some years been towards open access publishing, whereby researchers’ institutions pay for publication and access to the paper is unrestricted. This is a different model from most prominent scientific and medical journals, where publication is free for authors and their institutions, but payment is required to access and read the papers...
