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Switzerland: Federal government announces new corona vaccine and therapeutic drug development support program

Description

On 19 May 2021, the Swiss Federal Council (Cabinet) announced an incentive program of CHF 50 million (approximately USD 55 million). According to the press release, the programme aims to enable the ra...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 May 2021

Revocation date

31 Dec 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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