LONDON, November 7, 2016 /PRNewswire/ -- The UK's research institutions and the world-leading provider of science, technology and medical information products and services signed today a landmark agreement granting academics access to globally-published, high-quality research at costs lower than the industry average. In addition, Jisc Collections and Elsevier have agreed to cooperate on several Open Science opportunities, leveraging Elsevier's world class technology and analytics capabilities to help make science in the UK more collaborative, transparent, effective, and efficient. The 5-year contract grants subscription access to around 1,850 journals on Elsevier's ScienceDirect e-platform. "Jisc Collections' analysis shows that over the course of our previous agreement, Elsevier research articles have been of excellent quality at a price per accessible article below the average for the agreements that Jisc Collections negotiates with other publishers," said Paul Feldman, CEO of Jisc. "Our new ScienceDirect subscription agreement means that in the next five years UK universities will again benefit from Elsevier's outstanding article quality while they continuously push the price per accessible article below industry average. As such, Elsevier will continue to deliver exceptional value for research and teaching across the UK. Combined with our collaboration on Open Science projects, these components add up to a landmark agreement of extraordinary value." Professor Sir David Eastwood, Vice Chancellor at University of Birmingham, said: "I am delighted that we have reached an agreement that recognises the needs of the sector, and the need to ensure affordable access to high-quality content for UK researchers. The agreement offers stability for the sector and for Elsevier, and we hope to build on the many positive aspects of our discussions."