(Alliance News) - Neosperience Spa announced Tuesday that in the last days of December two research and development projects submitted at the time to the Ministry of Economic Development were finally approved by the Court of Auditors.

The first is Neosperience Health Cloud, for a total project amount of about EUR6.1 million and an indicative expected duration of 30 months, with facilities of EUR2.2 million as non-repayable grants and EUR1.2 million as an 8-year subsidized loan.

The second, on the other hand, Neosperience Empathic Commerce, has a total amount of EUR5.9 million and an indicative expected duration of 36 months, with facilities of EUR2.1 million as non-repayable grants and EUR1.2 million as 8-year subsidized financing.

Neosperience's stock closed Monday up 0.6 percent to EUR1.81 per share.

By Chiara Bruschi, Alliance News reporter

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