Global Trade Alert
Global Trade Alert

Italy: MISE signs development contracts with companies in the pharmaceutical industry

Announcement

23 Apr 2022

In April 2022, the Italian Ministry of Economic Development (MISE in Italian) announced the provision of a EUR 44 million investment subsidy to support the pharmaceutical companies BSP Pharmaceuticals S.p.A and Gelesis S.R.L under two development contracts.

 

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

23 Apr 2022

Revocation date:

No revocation date

Financial grant In force

On 23 April 2022, the Italian Ministry of Economic Development granted a EUR 17.4 (USD 18.7) million financial grant to support the investment projects of BSP Pharmaceuticals S.p.A. This subsidy will ...

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Financial grant In force

On 23 April 2022, the Italian Ministry of Economic Development granted a EUR 20.3 (USD 21.9) million financial grant to support the investment projects of Gelesis S.R.L. These subsidies will contribut...

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