Global Trade Alert
Global Trade Alert

France: Bpifrance establishes fund with Sanofi to invest in biotechnology companies

Announcement

04 Feb 2019

In February 2019, the Public Investment Bank and Export Credit Agency of France Bpifrance launched the InnoBio 2 fund with Sanofi to invest in French and European biotechnology companies.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

04 Feb 2019

Revocation date:

No revocation date

State loan In force

On 4 February 2019, Bpifrance launched the InnoBio 2 fund with the global biopharmaceutical company Sanofi headquartered in France. The fund has a total initial value of EUR 135 million with Bpifrance...

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