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Signature(s)

Amount
€ 70,000,000
Countries
Sector(s)
United Kingdom : € 30,000,000
Ireland : € 40,000,000
Services : € 70,000,000
Signature date(s)
22/06/2016 : € 30,000,000
22/06/2016 : € 40,000,000

Summary sheet

Release date
17 March 2016
Status
Reference
Signed | 22/06/2016
20150839
Project name
Promoter - financial intermediary
MALIN CORPORATION - LIFE SCIENCES INVESTMENTS
MALIN CORPORATION PLC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 70 million
EUR 300 million
Location
Sector(s)
Description
Objectives

The project concerns the investment into innovative research and development (R&D) intensive early-stage companies in the life sciences sector.

The project supports the growth phase of innovative technology small and medium-sized enterprises (SMEs) by ensuring their ability to fund their development programme.

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 environmental impact assessment (EIA) by a competent authority according to Directive 2011/92/EU should not be required.

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).

Documents

Environmental and Social Data Sheet (ESDS) - MALIN CORPORATION - LIFE SCIENCES INVESTMENTS
Publication Date
15 Jul 2016
Document language
Main Topic
Lending
Document Number
67713071
Document Focus
Environmental Information
Project Number
20150839
Sector(s)
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - MALIN CORPORATION - LIFE SCIENCES INVESTMENTS
Publication Date
30 Dec 2020
Document language
Main Topic
Lending
Document Number
128956837
Document Focus
Environmental Information
Project Number
20150839
Sector(s)
Publicly available
Download now

News & Stories

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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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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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