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Fundacion Butantan

Sector: Manufacturing (Industrial) • Location: Brazil

Source: Inter-American Development Bank (IADB)

Project
In Implementation

The purpose of the operation with Fundação Butantan (“Client” or “Butantan”) is to finance the construction of two new pharmaceutical manufacturing and processing units: i) the Egg-based Vaccine Research Center (“CPVO II”), which consists of an Influenza vaccine manufacturing plant; and ii) the Final Processing Center for Immunobiologicals (“CPFI”), which consists of a plant for formulating, filli

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The project “Fundacion Butantan” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Brazil. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Description

Description

The purpose of the operation with Fundação Butantan (“Client” or “Butantan”) is to finance the construction of two new pharmaceutical manufacturing and processing units: i) the Egg-based Vaccine Research Center (“CPVO II”), which consists of an Influenza vaccine manufacturing plant; and ii) the Final Processing Center for Immunobiologicals (“CPFI”), which consists of a plant for formulating, filling, lyophilizing, crimping, labeling, and packaging pharmaceutical products (“Project”).The operation will be structured in the form of a loan, with a final term of 10 years, including a 3-year grace period. The project will be developed in the City of São Paulo, Brazil, at the same location where Fundação Butantan currently operates.Addendum:On November 7, 2022, a revised version is uploaded for the Environmental and Social Impact Study.Amendment:The operation’s purpose was modified in 2023 to finance: (i) the Cold Storage Center (“CAR”), (ii) the Central Repository and Biobank (“CRB”), (iii) a Central Vivarium and (iv) a Gas Generation Plant – Cogeneration.  Therefore, a revised version of its Environmental and Social Review Summary as well as an update to its Environmental and Social Action Plan (ESAP) were disclosed in this page.

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