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Global Trade Alert

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Italy: EUR 40 million grant to ReiThera SRL for developing COVID-19 vaccine

Description

On 26 February 2021, the European Commission approved a EUR 40.2 million (approx. USD 48.4 million) Italian financial grant to support biotech company ReiThera SRL in the development of a new COVID-19...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Mar 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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