Faculty of 1000 praised by Wellcome Trust

The Wellcome Trust has used Faculty of 1000 evaluations to monitor the
success of their funding support.

To determine whether their grants were being put to good use, the Wellcome
Trust analyzed close to a thousand publications resulting from
Wellcome-funded projects . They assembled a group of reviewers to assess
the merit of these papers, and found that the scores given by their panel
of experts agreed with those of Faculty of 1000 evaluations, where
available.

In a few cases, both Faculty of 1000 members and the Wellcome Trust
experts identified landmark papers that nevertheless did not have an
exceptionally high citation score, indicating that the merit of a paper
cannot be judged by bibliometric data alone.

The Wellcome Trust points out that "mechanisms such as Faculty of 1000 of
post-publication peer review are a valuable additional mechanism for
assessment of the quality of biomedical research literature". They
recommend using both qualitative expert reviews and quantitative data when
assessing the impact of a published paper.

Source: Faculty of 1000: Biology and Medicine