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Global Trade Alert

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France: Bpifrance establishes fund with Sanofi to invest in biotechnology companies

Description

On 4 February 2019, Bpifrance launched the InnoBio 2 fund with the global biopharmaceutical company Sanofi headquartered in France. The fund has a total initial value of EUR 135 million with Bpifrance...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 Feb 2019

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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