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Finland: European Innovation Council provides Faron Pharmaceuticals with equity

Description

On 12 February 2021, the European Commission announced support in the form of equity to Finnish company Faron Pharmaceuticals to the value of EUR 10 million (approx. USD 12.1 million). The equity is m...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 Feb 2021

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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