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    Signature(s)

    Amount
    € 20,000,000
    Countries
    Sector(s)
    Spain : € 20,000,000
    Industry : € 20,000,000
    Signature date(s)
    14/01/2021 : € 10,000,000
    14/01/2021 : € 10,000,000
    Link to source

    Summary sheet

    Release date
    28 April 2020
    Status
    Reference
    Signed | 14/01/2021
    20200266
    Project name
    Promoter - financial intermediary
    PHARMACEUTICAL RDI & INVESTMENTS
    GALENICUM HEALTH SL
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 20 million
    EUR 50 million
    Location
    Sector(s)
    Description
    Objectives

    The project will finance the promoter's pharmaceutical RDI and expansion investments in Spain.

    The EIB loan will be used to support the implementation of the company's strategy. The investments are expected to support the promoter's competitiveness and growth.

    Environmental aspects
    Procurement

    All aspects related to the environmental impact and permits will be verified during the project's appraisal.

    The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, thus not being subject to EU rule on public procurement.

    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) - PHARMACEUTICAL RDI & INVESTMENTS
    Publication Date
    26 Jan 2021
    Document language
    Main Topic
    Lending
    Document Number
    133600547
    Document Focus
    Environmental Information
    Project Number
    20200266
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    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.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    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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