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According to the Bank’s website, the operation consists in a blended finance facility to support the investment by Biontech - a Rwandan based Promoter - to establish a mRNA-based vaccines manufacturing plant in Rwanda.
The aim is to support the promoter in establishing a regional research and development (R&D;) and manufacturing site for vaccines in Rwanda to strengthen the vaccine R&D; ecosystem across Africa.
The site will focus on the delivery of an African end-to-end commercial-scale manufacturing plant, initially producing an already approved vaccine with the intention of transferring other vaccines which are still in clinical development phase to address epidemic and pandemic threats.
The manufacturing plant will produce commercial vaccine products, including those currently under development, once approved. It will also operate as a Contract Manufacturing Organisation (CMO), serving African R&D; partners such as universities and private research institutions. The facility will manufacture products for clinical research purposes in compliance with good manufacturing practice (GMP) standards.
In addition to production, the operation includes capacity building activities to strengthen the capabilities of African R&D; partners and contribute to the development of the regional vaccine R&D; ecosystem.
The EIB will require the project's compliance with the relevant environmental legislation and alignment of the EIB's Environmental and Social principles and standards. Additional project activities, such as R&D, are expected to be carried out in existing facilities that are already used for similar purposes or are investments of intangible nature and hence are not expected to create significant impact on the environment.
A loan under EFSD+ Guarantee.
Biopharmaceutical New Technologies (BioNTech) is a next generation immunotherapy company pioneering novel therapies for cancer and other serious diseases. The Company exploits a wide array of computational discovery and therapeutic drug platforms for the rapid development of novel biopharmaceuticals. BioNTech Rwanda, established in 2022, will manage the Kigali facility. To date, BioNTech has made a triple digit million Euro investment in the establishment of its mRNA manufacturing facility in Kigali and plans to continue investingover the next years.
| Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
|---|---|---|---|---|---|---|
| - | - | - | - | BioNTech SE | Client | - |
Contact: Antonie Kerwien
Email: a.kerwien@eib.org
Phone: + 352 4379-82175
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