Company name
Mega Pharma Holding Uruguay S.A.
Project number
16522-01
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
E&S category
B
Country
Regional
Sector
Social Infrastructure
Status
Proposed
Disclosed date
11/13/2026
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
12/15/2026
Approval date
N/A
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Corporates Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 90,000,000
Currency
USD
Project scope and objective
The proposed transaction consists of a senior secured financing facility of up to US$90 million for the Megalabs Group, specifically for some of its main subsidiaries in the region. The financing includes a loan consisting of: (i) a committed tranche from IDB Invest of up to US$20 million to finance the company’s planned investments in Venezuela for 2026 and 2027, associated with the expansion of production capacity serving that country; (ii) an additional uncommitted tranche of up to US$70 million to support future investments to be made at its Parque de las Ciencias plant as well as at the Laboratorios Poen Argentina export plant. In both cases, the funds are also intended to increase production capacity.
Megalabs is a conglomerate of companies in the pharmaceutical sector specializing in the production and distribution of a wide range of medications. Megalabs has a diversified product portfolio and operates in both the manufacturing and distribution segments across 18 countries in Latin America and the Caribbean. Megalabs employs more than 9,000 people in the region.
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Contact information
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Client Contact
Information not available on IDB Invest website may be requested by mailing to 1350 New York Ave NW, Washington, DC 20577, by e-mailing [email protected] or by calling +1(202)-566-4566.
Individuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing [email protected] or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to [email protected] or [email protected] or calling +1(202) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
For information requests about the project.
Request informationLearn more about how we provide private-sector solutions in the region .
Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
MEGALABS - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (RRAS OU ESRS)
297.0 Kb
MEGALABS - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP OR PAAS)
143.4 Kb