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    Signature(s)

    Amount
    € 45,000,000
    Countries
    Sector(s)
    Poland : € 45,000,000
    Industry : € 45,000,000
    Signature date(s)
    3/06/2015 : € 45,000,000

    Summary sheet

    Release date
    12 December 2013
    Status
    Reference
    Signed | 03/06/2015
    20130328
    Project name
    Promoter - financial intermediary
    BIOLOGICS INVESTMENT PROGRAMME RDI
    Private company
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Not disclosed.
    EUR 98 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the development of biosimilar and biobetter medications.

    To provide more affordable alternatives to current treatments and give patients easier access to modern biological drugs within a new segment of the pharmaceutical market, whose approval requires extensive clinical trials (in comparison to other generic products). The extensive trials are necessary to prove bioequivalence and similarity to the original biological drugs, based on strong research and development efforts. EIB financing of the project corresponds to the Community’s role to encourage Research and Technological Development as defined in Article 179 of the EC Treaty and with the “Common Interest” criterion under the Treaty’s Article 309 point (c), i.e. the Bank’s financing activities under the Knowledge Economy (i2i), research & development.

    Environmental aspects
    Procurement

    The project mainly concerns investments in R&D that are expected to be carried out in existing facilities already authorised for the same purpose and would therefore not require an EIA under the Directive 2011/92/EU. Full environmental details will be verified during the appraisal.

    The promoter is a private company not operating in the Utilities sector and not having the status of a contracting authority. Thus it is not covered by EU Directives on procurement. However, the promoter’s procurement procedures are expected to be in line with EIB guidelines for private sector projects. The Bank’s services will verify details during the project due diligence.

    Disclaimer

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

    Documents

    Environmental and Social Data Sheet (ESDS) - BIOLOGICS INVESTMENT PROGRAMME RDI (RSFF)
    Publication Date
    17 Jul 2014
    Document language
    Main Topic
    Lending
    Document Number
    49707495
    Document Focus
    Environmental Information
    Project Number
    20130328
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - BIOLOGICS INVESTMENT PROGRAMME RDI (RSFF)
    Publication Date
    1 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    88722992
    Document Focus
    Environmental Information
    Project Number
    20130328
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    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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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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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.

    Zero tolerance against fraud and corruption

    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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