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Image header Agence Europe
Europe Daily Bulletin No. 12774
Contents Publication in full By article 13 / 27
EU RESPONSE TO COVID-19 / State aid

European Commission approves €108 million in Danish aid for Bavarian Nordic’s research and development activities

23/08/2021 (Agence Europe)On Monday 23 August, the European Commission authorised a Danish aid measure worth €108 million to support the coronavirus-related research and development (R&D) activities of Bavarian Nordic, a company active in the development and manufacture of vaccines. The scheme was approved under the State Aid Temporary Framework. Public support will take the form of a repayable advance. The measure aims to support the development of a new vaccine against coronavirus, developed by AdaptVac and licenced to Bavarian Nordic. The vaccine candidate is currently in Phase II clinical trials. (LC)

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BEACONS
EXTERNAL ACTION
EU RESPONSE TO COVID-19
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
NEWS BRIEFS