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    Reference: 20230332
    Release date: 13 September 2023

    Promoter – Financial Intermediary

    BIOHOPE SCIENTIFIC SOLUTIONS FOR HUMAN HEALTH SL

    Location

    Description

    Company dedicated to the development of precision medicine in-vitro diagnostic tools for chronic inflammatory conditions

    Objectives

    The loan will finance the research and development (R&D) investments to further advance the promoter's product pipeline and bring the products to the medical market.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 15 million

    Total cost (Approximate amount)

    EUR 34 million

    Environmental aspects

    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 environmental impact assessment (EIA) under the Directive 2011/92/EU. Full environmental details will be verified during the appraisal.

    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. 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.

    Status

    Signed - 20/12/2023

    Milestone
    Under appraisal
    Approved
    Signed
    10 October 2023
    20 December 2023

    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).

    Related tags

    Spain Industry