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Abacus Medicine to IPO at DKK 1.2-1.3bn valuation in May
May 23, 2019

Abacus Medicine, a Danish-based parallel importer and distributor of prescription drugs across Europe. Abacus expects to raise EUR 79.2m in the IPO. Abacus Medicine reported a LTM turnover of EUR 339.6m and LTM EBITDA of EUR 13.3m by March 2019, which corresponds to an EV/EBITDA multiple of 12-13.3x. Abacus will be listed on Frankfurt Stock Exchange.

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