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A new open-access journal that will allow researchers to publish a paper every year for a one-off fee of just $99 (Pounds 64) has prompted hopes that a more competitive market in open-access fees may soon emerge.
PeerJ, which will launch later this year, will also offer researchers in biomedicine an unlimited, lifetime right to publish for $259.
By paying either fee, scholars will become "members" of the journal.
Currently, academic authors who wish to make their papers open access are required to pay a fee for each article they publish. Elsevier's prestigious Cell titles charge $5,000 per paper, while even the giant open-access journal PLoS ONE charges $1,350.
PLoS ONE's former publisher, Peter Binfield, is one of the co-founders of PeerJ.
He agreed that the journal was being launched...