Cassa Depositi e Prestiti

Cassa Depositi e Prestiti is Italy's national promotional institution and a publicly controlled joint-stock company focused on financing economic development, infrastructure, innovation, and strategic national projects. The organization provides loans, guarantees, equity investments, advisory services, and development-finance support to public administrations, companies, and strategic sectors. CDP is not a life sciences, biotech, pharma, or healthcare operating company; rather, it is a broad financial and investment institution that may invest across multiple industries, including occasional healthcare-related opportunities through its investment activities. Its business centers on mobilizing Italian savings and institutional capital to support sustainable growth, competitiveness, digitalization, infrastructure, and international development initiatives. For biotech analyst purposes, CDP should be classified primarily as a financial/investment institution rather than a therapeutic-product developer.