“Peter Binfield, publisher of PLoS One, is leaving PLoS to found a new company,” (from the Scholarly Kitchen).

PeerJ’s mission:

“Provide a platform to openly publish peer reviewed scholarly research at a price that reflects the dramatic decrease in costs brought about from today’s technology”.

As an alternative to open access journals that charge high author fees (ie. PLoS), PeerJ plans to offer researchers Lifetime Memberships (starting at $99) to publish in their peer reviewed journal.

More info here.

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