Reference: 20160480
Release date: 16 December 2016

Promoter – Financial Intermediary

CURETIS GMBH

Location

Description

The project would support the company's activities in the development of molecular diagnostics tests for severe infectious diseases in hospitalised patients. The project would support the development of novel test panels, e.g. for intra-abdominal infections and sepsis host response as well as urinary tract infection, cardiology-associated infection and extended respiratory panels, as well as future panels on platforms such as the Unyvero platform. In addition, the project would support the necessary clinical trials to obtain the relevant regulatory approvals for market authorisation and reimbursement, and capital expenditure for manufacturing expansion.

Objectives

The project falls within the scope of the Societal Challenges Horizon 2020 programme (Health, Demographic Change and Wellbeing), addressing research and development (R&D) within molecular diagnostics. By supporting development of rapid, reliable and accurate diagnostics, this project contributes to the need for improved and cost-effective treatment of hospitalised patients while increasing accuracy.

Sector(s)

  • Services - Professional, scientific and technical activities

Proposed EIB finance (Approximate amount)

EUR 30 million

Total cost (Approximate amount)

EUR 50 million

Environmental aspects

The promoter's investments concern research, development and innovation activities as well as production deployment that will be in large part carried out in existing facilities already authorised for similar activities and volumes and that do not require an environmental impact assessment (EIA) according to the relevant EU directives.

Procurement

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.

Status

Signed - 12/12/2016

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).

Related tags

Germany Services