LABORATOIRES THEA INNOVATION PROGRAMME

Promoter – Financial Intermediary

LABORATOIRES THEA SAS

Location

• France

Description

The project will support the company's research and development (R&D) investments for the development of new molecules, formulations and innovative drug delivery systems for ophthalmic use.

Objectives

EIB financing will accelerate the research, development and innovation (RDI) efforts conducted by the Promoter.

Sector(s)

• Services - Professional, scientific and technical activities

Proposed EIB finance (Approximate amount)

EUR 50 million

Total cost (Approximate amount)

EUR 116 million

Environmental aspects

The project concerns research, development and innovation (RDI) activities within the Promoter's research centre in France. The project's compliance with all applicable national and EU environmental legislation will be verified during the appraisal. Environmental studies or appropriate assessments will be carried out as applicable and mitigating and/or compensation measures applied as necessary.

Procurement

The Promoter has been assessed by the EIB as being a private company not 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 the EU public procurement legislation Directive 2014/24/EU, then the Bank would require that the Promoter ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation Directive 2014/24/EU, where applicable, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the European Union, with the publication of tender notices in the Official Journal of the European Union, as and where required.

Status

Signed - 2/06/2021