Novonordiskfoundation

The Novo Nordisk Foundation is a Danish foundation with corporate interests. The Foundation has two objectives: 1) to provide a stable basis for the commercial and research activities of the companies in the Novo Group; and 2) to support scientific, humanitarian and social purposes. The Foundation has a 90-year history and the vision is to contribute significantly to research and development that improves the health and well-being of people. Since 2010, the Foundation has donated more than EUR 1.3 billion (DKK 10 billion) for research, innovation, treatment, education and humanitarian and social purposes. Through its holding company Novo Holdings A/S the Foundation is a major shareholder in Novo Nordisk A/S and Novo enzymes A/S as well as more than 75 other companies. The Foundation awards grants for research, primarily at public universities and hospitals. While the main focus lies within biomedical and biotechnology research, the Foundation also awards grants for general practice and research in medicine, nursing and family and social nursing.