Fagron NV is a publicly traded
multinational group of companies governed by Belgian law. Its
registered office
A registered office is the official address of an incorporated company, association or any other legal entity. Generally it will form part of the public record and is required in most countries where the registered organization or legal entity ...
is located in
Waregem
Waregem (; vls, Woaregem), sometimes known as Waereghem, is a municipality and city located in the Belgian province of West Flanders. The municipality lies in the valley of the river Leie, between Kortrijk and Ghent. It is part of the arrondiss ...
,
Belgium
Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to th ...
, and its headquarters is located at
Rotterdam
Rotterdam ( , , , lit. ''The Dam on the River Rotte'') is the second largest city and municipality in the Netherlands. It is in the province of South Holland, part of the North Sea mouth of the Rhine–Meuse–Scheldt delta, via the ''"N ...
,
Netherlands
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, anthem = ( en, "William of Nassau")
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, map_caption =
, subdivision_type = Sovereign state
, subdivision_name = Kingdom of the Netherlands
, established_title = Before independence
, established_date = Spanish Netherl ...
.
Founded as Arseus NV, it was formerly the Professional Health Division of
Omega Pharma
Omega Pharma was a Belgian-based pharmaceutical company which was acquired in 2014 by Perrigo Company plc, an Irish/U.S.-based global pharmaceutical public company. The company was founded in 1987 and was based in the Industrial area 'de Prijkels' ...
, and became an independent entity via an
IPO
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
on October 5, 2007 and has been listed on
NYSE Euronext
NYSE Euronext, Inc. was a transatlantic multinational financial services corporation that operated multiple securities exchanges, including the New York Stock Exchange, Euronext and NYSE Arca (formerly known as ArcaEx). NYSE merged with Archip ...
Brussels and NYSE Euronext Amsterdam since then. Its share is included in the BEL MID-index and the Amsterdam Small Cap Index (AScX). The head office of Fagron is located in Rotterdam (the Netherlands).
Overview
Fagron supplies products and services to professionals and institutions in the healthcare sector in Europe, the United States, Brazil and Argentina. The company comprises four company divisions:
* Fagron Group supplies products for
pharmaceutical drug
A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field and re ...
compounding to hospitals and pharmacists. This division also sells products under the Fagron brand name.
Fagron was founded in Rotterdam (the Netherlands) in 1990 by Ger van Jeveren. Rafael Padila is the current CEO of the Fagron Group. Fagron is currently active in 29 countries in Europe, Africa, the Americas, Asia and the Pacific. Fagron products are sold to 150,000 customers in over 55 countries around the world. With 1,500 employees, Fagron generated a turnover of US$400 million in 2012.
Pharmaceutical compounding - the creation and dispensing of tailor-made medications - is the root of the pharmacy profession, often symbolised by the mortar and pestle. Compounding allows the pharmacist to work with the patient and the prescriber to customise medication to meet the patient’s specific needs. It regularly happens, for example, that patients need their medication in a dosage form or strength that is not available or that patients are allergic to an ingredient. In such situations, pharmaceutical compounding provides a tailor-made solution for the patient.
* Arseus Dental supplies dental products such as cameras and dental x-rays to dentists
and dental laboratories in Belgium, the Netherlands, France, Germany and Switzerland.
* Arseus Medical supplies medical and surgical products to specialists, elderly homes, homecare nurses and hospitals
in Belgium and the Netherlands.
* Corilus supplies
software
Software is a set of computer programs and associated documentation and data. This is in contrast to hardware, from which the system is built and which actually performs the work.
At the lowest programming level, executable code consists ...
applications for the management of medical records, medical tests and other aspects of information technology used in healthcare,
for medical specialists in Belgium, the Netherlands and France.
History
Omega Pharma has been taking over smaller companies for a long time and has also set up several specialized divisions. This was part of the company's buy-and-build strategy. An important takeover was that of the Dutch company Fagron (van Ger van Jeveren) in 2000. Fagron was founded in 1990 by Ger van Jeveren and distributed raw materials for medicines. Arseus was founded in 2006 as an umbrella organization for 35 small companies (the first available annual report dates from 2007). Arseus formed the integration of the "professional healthcare division" (B2B) of Omega Pharma. Arseus went public in 2007 after a management buy-out. Omega Pharma then still retained 24% of the shares of Arseus.
References
Further reading
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External links
* {{official, https://fagron.com/en
Companies based in Rotterdam
Health care companies of the Netherlands
Holding companies established in 2007