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Global Trade Alert

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France: EIB to finance EUR 15 million of AB Science's COVID-19 treatment programme

Description

On 27 November 2020, the European Investment Bank (EIB) and AB Science signed a EUR 15 million (approx. USD 17.9 million) loan to support the company’s clinical development programme for a COVID-19 tr...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Nov 2020

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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