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    Signature(s)

    Amount
    € 20,000,000
    Countries
    Sector(s)
    Belgium : € 20,000,000
    Services : € 20,000,000
    Signature date(s)
    25/09/2019 : € 20,000,000
    Link to source

    Summary sheet

    Release date
    9 September 2019
    Status
    Reference
    Signed | 25/09/2019
    20190016
    Project name
    Promoter - financial intermediary
    UNIVERCELLS (IDFF)
    UNIVERCELLS SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 20 million
    EUR 49 million
    Location
    Sector(s)
    • Services - Professional, scientific and technical activities
    Description
    Objectives

    Univercells develops and commercializes modular bio-manufacturing equipment, aimed at producing vaccines and biosimilars in low and medium income countries. The project supports the company's research and development investments to develop a portfolio of four essential vaccines at affordable prices, high quality and large volumes.

    The investment is expected to contribute to a sustainable growth of the promoter while maintaining or increasing its highly-skilled jobs in research and development (R&D). The project aims to increase the reach of several essential vaccines to a broader population.

    Environmental aspects
    Procurement

    The project mainly concerns investments in R&D (process development, clinical studies, regulatory development/production capacity, etc.) that are expected to be carried out in existing facilities already authorised for the same purpose and would therefore not require an EIA under the Directive 2014/52/EU amending the EIA Directive 2011/92/EU. Full environmental details will be verified during the appraisal.

    The Promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the Promoter is after all subject to EU public procurement legislation (Directive 2014/24/EU), then the Bank would require the Promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2014/24/EU as well as Directive 89/665/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    Link to source
    Summary sheet

    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) - UNIVERCELLS (IDFF)
    Publication Date
    20 Dec 2019
    Document language
    Main Topic
    Lending
    Document Number
    95863847
    Document Focus
    Environmental Information
    Project Number
    20190016
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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