Global Trade Alert
Global Trade Alert

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

Announcement

26 Feb 2021

In February 2021, the European Commission approved an Italian state aid measure to support ReiThera SRL in the development of a new COVID-19 vaccine.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

31 Mar 2021

Revocation date:

No revocation date

Financial grant In force

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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