Leading European experts from 20 academic institutions, 5 EFPIA (European Federation of Pharmaceutical Industries and Associations) pharmaceutical organisations and two SMEs have collaborated closely in the Innovative Medicines Initiative (IMI) project RHAPSODY. IMI is a unique Public Private Partnership between the pharmaceutical industry (represented by the EFPIA) and the European Union. The RHAPSODY project has received funding of more than EUR 18 million through the IMI2 programme, which includes an EC contribution of around EUR 8 million, matching the dedicated resources provided by participating pharma companies, as well as funding from the Swiss State Secretariat for Education, Research and Innovation (SERI).