Norwegian Government Unveils Package to Aid Life-Sci Industry, Including Oslo Cancer Cluster
The government of Norway has developed a package of measures intended to aid the nation's life sciences industry, particularly its Oslo Cancer Cluster. One key provision calls for Innovation Norway, the country's main industrial development agency, to nearly triple its funding of "Innovation" loans from $44.8 million to $133 million. The loans may be used as working capital for biotech companies.
Other highlights of the package: