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Medi-Science R & D Framework (i2i)

  •  Reference: 20030508
  •  Release date: 16 June 2004
Promoter – Financial Intermediary

Fresenius – The Health Care Group.

Location
  • Germany
Description

The project concerns the promoter’s Research and Development expenditures in medical care and biotechnology (antibodies and cell therapy) and upgrading of existing manufacturing facilities for dialysis and products.

Objectives

The research activities aim at the innovation of high-quality products and new therapy approaches in line with the Bank’s Innovation 2010 Initiative. The promoter’s main production facilities in dialysis technology are located in Objective 2 areas for allocations from the EU Structural Fund. The project will result in creation of some new jobs while safeguarding existing employment.

Comments

Fabrication of medical equipment and pharmaceuticals.

Sector(s)
  • Industry
Proposed EIB finance (Approximate amount)

EUR 232m.

Total cost (Approximate amount)

Up to EUR 330m.

Environmental aspects

Compliance with EU environmental directives and national laws shall be ensured.

Procurement

Procurement regulations do not apply to this private industry project. The promoter carries out competitive enquiries among potential suppliers for goods and services, as is usual in the industry.

Status

Signed   -   13/07/2005.


Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).



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