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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Portugal : € 50,000,000
    Industry : € 50,000,000
    Signature date(s)
    21/06/2010 : € 25,000,000
    27/05/2010 : € 25,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    16 April 2010
    Status
    Reference
    Signed | 27/05/2010
    20050222
    Project name
    Promoter - financial intermediary
    Bial Inovação RDI

    Bial Portela & CA SA.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 50 million.
    Estimated at EUR 120 million.
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the R&D-activities in the period 2009 up to and including 2012, with a focus on drugs for epilepsy, cardiovascular affections and Parkinson’s disease. The project will take place at the company’s facilities mainly at Porto.

    Contribute to private sector investments in R&D.

    Environmental aspects
    Procurement

    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 EIA therefore is not required by EU Directive 97/11; this will be verified during appraisal together with compliance of R&D activities with relevant EU legislation.

    The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement. Procedures followed will be verified during appraisal.

    Link to source
    Summary sheet

    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).

    News & Stories

    Other links
    Data sheet
    Summary sheet

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    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.
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