| Project Detail |
The promoter is a Romanian mid-cap in the pharmaceutical sector. The project will support research and development (R&D) activities to develop new pharmaceutical products addressing unmet medical needs and investments to to implement the companys digitalisation processes. Objectives The aim is to accelerate the promoters growth and development plans by upscaling the manufacturing capacities and capabilities of essential (generic) drugs. The project is in line with the EU plan to encourage the expansion of manufacturing capacity of pharmaceutical products in Europe, thereby reducing dependency on third-party countries, which is also a core pillar for pandemic preparedness and response. Sector(s) Industry - Manufacturing Services - Professional, scientific and technical activities Proposed EIB finance (Approximate amount) EUR 25 million Total cost (Approximate amount) EUR 95 million |