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 the global business-to-business leader in pharmaceutical compounding. It offers raw materials, branded products and concepts and compounding services, thereby bringing personalised pharmaceutical care to healthcare institutions and therefore patients. The company services pharmacies and institutional clients (hospitals and clinics) in 34 countries worldwide.

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.

In total 100% of the revenues of the company is aligned with the Well-being transition. The contribution to the Well-being transition comes from 100% of revenues related to the impact objective Healthcare.