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Signature(s)

Amount
€ 20,000,000
Countries
Sector(s)
The Netherlands : € 20,000,000
Services : € 20,000,000
Signature date(s)
28/06/2019 : € 20,000,000
Link to source

Summary sheet

Release date
10 July 2019
Status
Reference
Signed | 28/06/2019
20170706
Project name
Promoter - financial intermediary
ISA PHARMACEUTICALS (IDFF)
ISA PHARMACEUTICALS BV
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 20 million
EUR 48 million
Location
Sector(s)
  • Services - Professional, scientific and technical activities
Description
Objectives

The project supports the company's research and development investments to complete the late stage development (clinical, regulatory, and manufacturing) of ISA101b - a synthetic long peptide (SLP) targeting human papilloma viruses (HPV) - in two HPV-induced therapeutic areas i.e. cervical, head and neck cancer.

The proceeds from the EIB loan will be used to co-finance the project, which - if successful - will create new treatment options for patients suffering from these diseases, thereby addressing a substantial unmet medical need, and saving and improving the lives of thousands of patients. The project will also contribute to the growth of a European biopharmaceutical company and the creation of new high-skilled jobs.

Environmental aspects
Procurement

The project mainly concerns investments in research and development (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 Directive 2014/52/EU amending the Directive 2011/92/EC. However, full environmental details verified during the appraisal are aligned with best practices.

The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions.

Link to source

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).

Documents

Environmental and Social Data Sheet (ESDS) - ISA PHARMACEUTICALS (IDFF)
Publication Date
28 Nov 2023
Document language
Main Topic
Lending
Document Number
95515064
Document Focus
Environmental Information
Project Number
20170706
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - ISA PHARMACEUTICALS (IDFF)
Publication Date
31 Dec 2023
Document language
Main Topic
Lending
Document Number
184162530
Document Focus
Environmental Information
Project Number
20170706
Sector(s)
Regions
Countries
Publicly available
Download now

News & Stories

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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