The contract related to the "PROCUREMENT OF INNOVATIVE PHARMACEUTICAL AND DERMATOCOSMETIC PRODUCTS BASED ON SYNTHETIC ACTIVE SUBSTANCES IN ASSOCIATION WITH VEGETABLE EXTRACTS FROM PLANTS, ALGAE AND CYANOBACTERIA" project was signed, Beneficiary: SAPIENT SRL, SMIS code 142102.

The project is financed by ROP 2014-2020, Priority Axis 1 – Promotion of technology transfer, Investment Priority 1.1 – Promotion of investments in R&I, development of links and synergies between enterprises, research and development centers and higher education, especially promotion of investments in development of products and services, technology transfer, social innovation, eco-innovation and public service applications, demand stimulation, networking and clustering and open innovation through smart specialization, as well as supporting technological and applied research activities, pilot lines, early product validation actions, advanced production and early production capabilities, in particular in the field of essential generic technologies and the diffusion of general purpose technologies.

The Project implementation period is 46 months, respectively between 01.03.2020 and 31.12.2023, this also includes the period of project activities before the signing of the Financing Agreement, according to the rules of eligibility of expenses.

The total value of the project is 77,940,114.94 lei, of which the non-refundable financial support from the European Regional Development Fund is 34,636,836.30 lei.