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Novo Annual Report 2015
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n ovo a/s is a danish private limited liability company fully owned by the
novo
nordisk
foundation. it is the holding company of the
novo
group and, as such, the controlling shareholder in the publicly listed companies,
novo
nordisk
a/s,
novo
zymes a/s and nnit a/s.
novo
a/s was established in 1999 prior to the demerger of
novo
nordisk
, where
novo
zymes was established as a stand-alone, publicly listed company.
novo
's objectives are to meet the
novo
nordisk
foundation?s strategic and commercial goals. we do so by being a strong owner of the companies in the
novo
group, and by: ? complying with the rules and principles that are set out in the statutes of the
novo
nordisk
foundation regarding exercise of the voting rights of a and b shares in
novo
nordisk
and
novo
zymes, respectively; and ? always maintaining a material influence on
novo
nordisk
and
novo
zymes. by investing in the life
science
sector,
novo
can meet the commercial objectives of the
novo
nordisk
foundation and ensure value creation because: ? the
novo
group has a unique heritage and purpose within life
science
; ? the life
science
industry is financially attractive in a long- term perspective; ?
novo
?s capabilities as investor include life
science
investment competences, a strong industry network, financial strength, and a long-term investment horizon; and ?
novo
may make select investments outside life
science
and maintains a liquid buffer to support any investment needs in the
novo
group.
novo
?s investment objectives are to: ? generate competitive financial returns; ? gain the respect of its stakeholders as a responsible investor; ? help to address unmet medical needs; and ? generate a broader support for the life
science
industry. the common denominator for all
novo
?s investments is that they must comply with ? or at least not act against ? the values and commitments defined in the charter for companies in the
novo
group and
novo
?s governance framework.
novo
a/s annual review 2015 5
novo
a/s
novo-investments-2015-6.html
