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Reference: 20240546
Release date: 20 January 2025

Promoter – Financial Intermediary

SIDEKICKHEALTH EHF

Location

Description

The project will support the development of the Company's existing and new digital health application, including the respective programmes in different therapeutic areas. The investment will cover costs associated with platform development and technical solutions, as well as quality and data management systems.

Objectives

The aim is to to support the promoter's research development and innovation (RDI) activities, including platform development, clinical validation, quality and data management systems, related to the development of digital health applications and pogrammes covering different therapeutic areas.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 35 million

Total cost (Approximate amount)

EUR 75 million

Environmental aspects

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 (amended by). Full environmental details will be verified during appraisal.

Procurement

The Bank will require that all project contracts are procured in accordance with the applicable EU procurement legislation.

Status

Under appraisal

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

Iceland Services