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Signature(s)

Amount
€ 400,000,000
Countries
Sector(s)
Germany : € 400,000,000
Industry : € 400,000,000
Signature date(s)
28/10/2009 : € 400,000,000
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Summary sheet

Release date
12 May 2009
Status
Reference
Signed | 28/10/2009
20080802
Project name
Promoter - financial intermediary
Boehringer Ingelheim III
A family-owned, mid-sized pharmaceutical company.
Proposed EIB finance (Approximate amount)
EUR 400 million.
Location
Sector(s)
Description
Objectives

The project concerns the investment in research and development of new pharmaceutical compounds in the area of CNS (Central Nervous System), Respiratory Diseases and Metabolic Diseases (in particular diabetes).

New pharmaceutical products in the area of CNS, Metabolism and Respiratory.

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. Compliance of R&D activities with relevant EU legislation in particular in regards to animal testing will also 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. Procedures followed will be verified during appraisal.

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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

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.
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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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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