About us
Abacus Medicine has been active in the parallel import of high-priced pharmaceuticals since 2004.
Starting in Denmark, Abacus Medicine has continuously developed over the last two decades and now operates in 13 countries with more than 1,300 dedicated employees.
Our vision: Improve global healthcare through better access to medicines.
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The history of Abacus Medicine
Our UK team
Our United Kingdom business consists of 12 dedicated team members and is headed up by our General Manager:
The Business Development and Key Account Management Team are our main customer facing executives. Acting as the primary point of contact for new and existing clients to understanding their business needs and building strong relationships.
The Operations Team ensures that our customers receive the required medicine, at the right time and of the highest quality, underpinned with excellent customer service.
The Portfolio Management and Product Development Team are a vital part of the overall Abacus Medicine UK Team. They are responsible for managing the stock of existing products in the UK and identifying and securing new products to meet our UK customer’s needs.
Sustainability in Abacus Medicine
As a parallel importer, we repackage medicines to meet the requirements of the UK market.
Since this process creates additional amounts of paper waste, it was particularly important to us to do something about it.
Our sustainability initiatives are decided and implemented at Group level.
Recycling program
Our recycling program at our manufacturing facility in Hungary significantly reduces the amount of paper waste we generate each day. As a parallel importer, we pack more than 75,000 packs of medicine every month.
1. Repackaging
All of our medicines for the UK market are repackaged in an authentic design. On the one hand, this means an identical presentation with regard to the design of the original manufacturer, but on the other hand, this leads to an increased volume of cardboard waste.
2. Recycling
In 2019, Abacus Medicine invested in a shredder to sort and then shred the old boxes. This allows 10 tonnes of paper waste to be recycled every month.
3. New raw material
After the waste paper leaves our production facility in shredded form, it is used by various companies as a raw material for new paper products.
4. New use
New hygiene articles such as kitchen roll, handkerchiefs and toilet paper are ultimately made from the paper and cardboard waste.
Memberships
The British Association of European Pharmaceutical Distributors (BAEPD) represents those companies licensed by the UK’s Medicines and Healthcare Products Regulatory Agency (MHRA) and, where applicable, by the European Medicines Agency (EMA) to source and distribute prescription pharmaceuticals within the European Economic Area (EEA) and the UK.
Affordable Medicines Europe is a non-profit organisation that supports the parallel distribution of medicines, promotes competition and strengthens the EU internal market. It focuses on free trade, regulatory compliance and cooperation between members to make affordable medicines accessible across the European Economic Area.
The Independent Pharmacies Association (IPA) is a membership organisation representing independent pharmacies with single or multiple branch pharmacies. The IPA also offers associate membership and partnerships to organisations and companies who would like to work with the community pharmacy sector. Abacus Medicine UK is an associate member of the IPA.
