DRAEGERWERK MEDICAL TECHNOLOGY

Promoter – Financial Intermediary

DRAEGERWERK AG & CO KGAA

Location

• Germany

Description

The project will finance the promoter's Medical Division research and development (R&D) programme for 2025-2026. The related &D investments will focus on connected health devices.

Objectives

The aim is to support R&D and new product improvements of critical care medical devices to be used in acute care departments.

Sector(s)

• Industry - Manufacturing

Proposed EIB finance (Approximate amount)

EUR 100 million

Total cost (Approximate amount)

EUR 248 million

Environmental aspects

The project concerns investments in that are expected to be carried out in existing facilities, already authorised, and which would therefore not require an environmental impact assessment (EIA) 2014/52/EU amending the EIA Directive 2011/92/EC.

Procurement

The promoter is a private company not operating in the utilities sector, and is thus not covered by EU directives on procurement.

Status

Under appraisal - 21/08/2024