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Summary sheet

Release date
16 April 2026
Reference
20250741
Project name
Promoter - financial intermediary
TECHEU VD SALVIA (BIOTECH ACT)
SALVIA BIOELECTRONICS BV
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 25 million
EUR 59 million
Location
Sector(s)
Description
Objectives

The project supports research, development and clinical evaluation of an implantable neurostimulation device used as a treatment for patients suffering from chronic migraine and cluster headache.

The project supports the Research, Development and Innovation (RDI) activities of a medical technology company specialised in developing innovative neuromodulation solutions for chronic migraine and other severe headache disorders. Its technology aims to provide therapeutic options for conditions with significant unmet medical needs, thereby strengthening innovation in the field of bioelectronic medicine.

Environmental aspects
Procurement

The specific RDI activities included in the project are expected to be performed in existing facilities without changing their already authorised scope. Therefore, the project activities would not require an Environmental Impact Assessment (EIA) under the Directive 2014/52/EU (amending the Directive 2011/52/EU). Full environmental details will be verified during 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 generally not covered by EU directives on procurement. However, the EIB will require that all project contracts are procured in accordance with the applicable EU procurement legislation. The Bank's services will verify details during the project due diligence.

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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

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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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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