Release date: 17 March 2016
Promoter – Financial Intermediary
MALIN CORPORATION PLCLocation
Description
The project concerns the investment into innovative research and development (R&D) intensive early-stage companies in the life sciences sector.
Objectives
The project supports the growth phase of innovative technology small and medium-sized enterprises (SMEs) by ensuring their ability to fund their development programme.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 70 million
Total cost (Approximate amount)
EUR 300 million
Environmental aspects
R&D activities included in the project will not materially change current R&D practice and will be carried out within existing facilities making use of existing laboratories, pilot plants, clinical centres etc. An environmental impact assessment (EIA) by a competent authority according to Directive 2011/92/EU should not be required.
Procurement
The promoter is a private company not operating in the utilities sector and is thus not covered by EU directives on procurement.
Status
Signed - 22/06/2016
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).