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Wellcome Trust report on sustainability of Open Access Journals

The Wellcome Trust released a report on 29th April 2004 into the sustainability of Open Access Journal funding models. In summary it concludes that there is a sustainable business model for Open Access Journals, which would allow the price of publication to fall by as much as 30% compared to traditional models. The report shows that such journals would be cheaper than current models, allow wider access to research material and maintain current standards of excellence and peer review.

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