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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    France : € 50,000,000
    Services : € 50,000,000
    Signature date(s)
    2/06/2021 : € 50,000,000

    Summary sheet

    Release date
    16 November 2020
    Status
    Reference
    Signed | 02/06/2021
    20200234
    Project name
    Promoter - financial intermediary
    LABORATOIRES THEA INNOVATION PROGRAMME
    LABORATOIRES THEA SAS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    EUR 116 million
    Location
    Sector(s)
    • Services - Professional, scientific and technical activities
    Description
    Objectives

    The project will support the company's research and development (R&D) investments for the development of new molecules, formulations and innovative drug delivery systems for ophthalmic use.

    EIB financing will accelerate the research, development and innovation (RDI) efforts conducted by the Promoter.

    Environmental aspects
    Procurement

    The project concerns research, development and innovation (RDI) activities within the Promoter's research centre in France. The project's compliance with all applicable national and EU environmental legislation will be verified during the appraisal. Environmental studies or appropriate assessments will be carried out as applicable and mitigating and/or compensation measures applied as necessary.

    The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the Promoter is after all subject to the EU public procurement legislation Directive 2014/24/EU, then the Bank would require that the Promoter ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation Directive 2014/24/EU, where applicable, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the European Union, with the publication of tender notices in the Official Journal of the European Union, as and where required.

    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) - LABORATOIRES THEA INNOVATION PROGRAMME
    Publication Date
    11 Dec 2020
    Document language
    Main Topic
    Lending
    Document Number
    134689721
    Document Focus
    Environmental Information
    Project Number
    20200234
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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    General enquiries and comments

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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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    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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