Global Trade Alert
Global Trade Alert

France and Germany: EIB grants investment support for Evotec AG's business activities in the area of drug discovery and development services

Announcement

08 Sep 2017

In September 2017, the European Investment Bank (EIB) signed a loan agreement with Evotec AG to support its Innovate strategy concerning its drug discovery and development services for pharmaceutical and biotech companies. The loan will be guaranteed by the European Fund for Strategic Investment (EFSI).

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Sep 2017

Revocation date:

No revocation date

Updated: 08 Sep 2017
State loan In force

The EIB's loan to Evotec AG signed on 8 September 2017 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 75 million (approx. USD 90.3 million) an...

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Updated: 08 Sep 2017
State loan In force

The loan agreement between the European Investment Bank (EIB) and Evotec AG was signed on 8 September 2017 and has a total value of EUR 75 million (approx. USD 90.3 million).

The loan ...

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