Fagron

Waregem, Belgiumfagron.com/
Invested through
  • Triodos Multi Impact Fund
  • Triodos Future Generations Fund
  • Triodos Impact Strategy Fund - Defensive
  • Triodos Impact Strategy Fund - Balanced
  • Triodos Impact Strategy Fund - Offensive
  • Triodos Impact Strategy Fund - Dynamic
Asset ClassesListed equity
Impact strategyImpact Equities and Bonds
Bloomberg tickerFAGR BB
ISIN codeBE0003874915
Aligned with SDGs
  • Good health and well-being

Fagron is a global leader in pharmaceutical compounding, specialising in business-to-business solutions for pharmacies, hospitals, and other healthcare institutions. The company was founded in 1990 and offers pharmaceutical raw materials, branded compounding products and concepts, and a comprehensive range of compounding services, enabling personalised medicine for patients worldwide. Fagron operates in over 30 countries, serving pharmacies and institutional clients (such as hospitals and clinics) with a strong commitment to quality and innovation.

Investment rationale

Traditional medicine is the mainstream approach in most healthcare systems and follows a one-size-fits-all approach. Drugs and other therapies are designed and tested on broad populations and are then prescribed using statistical averages. On average, however, any given prescription drug now on the market only works for half of those who take it (according to the Jackson Laboratory, an independent, non-profit biomedical research institution).

The necessity of having more precise and effective treatments resulted in the development of a scientific field currently known as 'personalised medicine', which tailors health care to each person’s unique genetic makeup. This is done through what is known as drug compounding, the process of combining, mixing, or altering ingredients to create a medication tailored to the needs of an individual patient. This results in benefits such as reducing side effects, enabling a greater drive towards innovative therapies, and achieving more effective drugs. Fagron is a pure-play in the compounding business and the only listed company active in this field.

Alignment with Triodos Transitions:
In total 100% of the revenues of the company is aligned with the Wellbeing transition. The contribution to the Wellbeing transition comes from 100% of revenues related to the impact objective Healthcare.