Global Trade Alert
Global Trade Alert

Germany: EIB grants investment support for PAION AG's anaesthetic drug development

Announcement

28 Jun 2019

In June 2019, the European Investment Bank (EIB) signed a loan agreement with PAION AG to support its research and development of an anaesthetic compound including costs related to bringing it to market. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Jun 2019

Revocation date:

No revocation date

Updated: 28 Jun 2019
State loan In force

On 28 June 2019, the European Investment Bank (EIB) and PAION AG signed a loan agreement having a total value of EUR 20 million (approx. USD 224.5 million). The loan will s...

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