France's Fonds Strategique d’Investissement

France's Biotech Sector To Get Government Stimulous

Submitted by Jennifer L. Schenker on June 4, 2009

France, like other countries around the world, must choose if it will use its stimulus package to prop up ailing industrial giants or make bets on young innovative companies. The government announced June 3 that it will team with France Biotech to aid life science companies, but it is still unclear how much of the state’s  six billion euro Strategic Investment Fund will be invested in the sector.
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