According to the bank website, IRBM provides a synergistic multifaceted response to tackle coronaviruses. The supports the development of increased GMP manufacturing, testing and release capacity for the manufacture of COVID-19 vaccines.
The proposed transaction will support the company to set up and implement vaccine manufacturing facilities to respond to the current sizeable demand for COVID-19 vaccines and also leverage rapid access for future epidemic threats. In addition, the project will develop next generation novel therapeutic solutions for both existing and potential coronaviruses.
The project mainly concerns investments in research, development and innovation (RDI) that are expected to be carried out in the Promoter's existing facilities or other research centres
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