Global Trade Alert
Global Trade Alert

Belgium: EIB invests in Belgian medical technology company iSTAR Medical SA

Announcement

30 Jul 2021

On 30 July 2021, the EIB announced a EUR 20 million (USD 24 million) investment in Belgian iSTAR Medical SA to support the development of innovative ophthalmic devices.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Jul 2021

Revocation date:

No revocation date

Updated: 30 Jul 2021
Loan guarantee In force
<p>The EIB's 20 million (approx. USD 24 million)&nbsp;capital injection with Istar Medical signed on 30 July 2021 was backed by the European Guarantee Fund (EGF).&nbsp;</p> &...
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Updated: 30 Jul 2021
State loan In force

On 30 July 2021, the European Investment Bank (EIB) and Istar Medical signed a quasi-equity agreement worth EUR 20 million (approx. USD 24 million). The total cost of the project is estimated at EU...

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