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    Summary sheet

    Release date
    1 April 2026
    Reference
    20250654
    Project name
    Promoter - financial intermediary
    TECHEU VD NMD PHARMA (BIOTECH ACT)
    NMD PHARMA A/S
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 104 million
    Location
    Sector(s)
    Description
    Objectives

    The project finances research, development and clinical activities for innovative therapies addressing rare neuromuscular disorders, based on a mechanism that enhances neuromuscular transmission and muscle activation through modulation of the skeletal-muscle chloride channel ClC-1.

    The project focuses on the development, clinical validation and regulatory approval of NMD670 (Ignaseclant), an innovative compound targeting ClC-1, a chloride channel found only in skeletal muscles. By partially inhibiting ClC-1, NMD670 enhances muscle excitability and restores movement, representing a trasformative approach for various rare neuromuscular diseases. Additionally, the concerned R&D investments include clinical research aimed at advancing next-generation candidates and expanding the therapeutic applications in other neuromuscular disorders.

    Environmental aspects
    Procurement

    The promoter's investments concern RDI activities 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 Directive 2014/52/EU amending Directive 2011/92/EC. Full environmental details will be verified during appraisal.

    The EIB requires that all project contracts are procured in accordance with the applicable EU procurement legislation.

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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).

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