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Référence: 20220380
Date de publication: 4 octobre 2022

Promoteur – Intermédiaire Financier

AFFIBODY MEDICAL AB

Lieu

Description

The project consists of the development and modernisation of next generation multi-specifics biologics based products, matching the unmet needs in the immunology and oncology field.

Additionality and Impact

The promoter is a European clinical stage pharmaceutical R&D company specialised in development of next generation biopharmaceuticals based on a proprietary technology, Affibody. In addition to its own R&D capabilities, the promoter has developed a well-established network of collaborations with universities, research institutions and reputed industry partners. Companies producing innovative high quality products are key drivers of economic growth, productivity and social protection, and generally a source of high value added employment. The EIB support to this operation is expected to provide tangible value-added benefit, positively contributing to the promoter's R&D investments by lowering the associated cost of financing and offering loan maturity beyond the tenor usually offered by commercial banks as well as disbursement mechanics more suitable for the project's financing and more flexible than those normally proposed by the market.

Objectifs

The loan will finance the much needed research and development (R&D) investments to further advance the promoter's product pipeline and bring the products to the medical market.

Secteur(s)

Montant BEI envisagé (montant approximatif)

EUR 20 million

Coût total (montant approximatif)

EUR 57 million

Aspects environnementaux

The project mainly concerns investments in 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 the Directive 2011/92/EU. Full environmental details will be verified during the appraisal.

Passation des marchés

The Promoter is a private company not operating in the utilities sector and not having the status of a contracting authority. Thus, it is not covered by EU Directives on procurement. However, the promoter's procurement procedures are expected to be in line with EIB guidelines for private sector projects. The Bank's services will verify details during the project due diligence.

Statut

Signé - 22/12/2022

Clause de non-responsabilité

Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).

Mots-clés correspondants

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