About us
How it all began
Abacus Medicine was founded in 2004 by CEO Flemming Wagner and his father John Wagner (1932-2018).
The founding of Abacus Medicine, which specialises in parallel imports of original European medicines, was based on the aim of boosting competition in the Danish pharmaceutical industry and thus contributing to fairer medicine pricing.
Since then, Abacus Medicine has grown continuously and has established itself among the market leaders in the European parallel import industry.
Abacus Medicine is currently active in more than 14 European countries and employs over 1,100 dedicated employees. This success makes us particularly proud as a family-run company.
The history of Abacus Medicine
Our UK team
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.
