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    Signature(s)

    Amount
    € 40,000,000
    Countries
    Sector(s)
    France : € 40,000,000
    Industry : € 40,000,000
    Signature date(s)
    25/03/2009 : € 40,000,000

    Summary sheet

    Release date
    24 September 2008
    Status
    Reference
    Signed | 25/03/2009
    20080368
    Project name
    Promoter - financial intermediary
    Guerbet Medical Imaging R&D

    Guerbet S.A.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 40 million.
    Estimated at around EUR 90 million.
    Location
    Sector(s)
    Description
    Objectives

    The project focuses on the development of new or improved contrast agents for medical imaging. If successful, they will improve the anatomic visualisation of human organs, the detection of pathologies as well as the functional evaluation of certain organs.

    The project helps to strengthen the knowledge base and, by default, the market position of a European specialist pharmaceutical company that operates in the segmented global market for medical imaging. Furthermore, the project is expected to increase the small number of contrast agents that are currently on the market.

    Environmental aspects
    Procurement

    The R&D activities encompassed within this project will not materially change current R&D practices and will be carried out within existing facilities, making use of existing laboratories, pilot plants, clinical centres etc. An EIA required by EU Directive 97/11 as amended by Directive 2003/35 is therefore not required. Compliance of R&D activities with relevant EU environmental legislation will be verified during appraisal.

    The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU directives on procurement.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    General enquiries and comments

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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