Wellcome Trust launches open-access publishing venture; Nature, 7/6/16

Declan Butler, Nature; Wellcome Trust launches open-access publishing venture:

"One of the world’s largest biomedical charities, the Wellcome Trust in London, will launch an open-access publishing venture later this year. The idea behind Wellcome Open Research is to allow Wellcome grant recipients to publish their findings more quickly and to create a model that, according to the charity, other funders might adopt in future.

Management of the venture, which Wellcome announced on 6 July, will be contracted out to F1000Research, an open-access publishing platform. The platform publishes manuscripts and data sets within days of their submission, after a quick sanity check by its in-house editors, and then arranges post-publication peer review."