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Novo Annual Review 2016
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novo
nordisk foundation
t he novo nordisk foundation is an independent danish foundation with corporate interests. its history dates back to 1923. the foundation has two objectives ? one commercial and one societal: 1) to provide a stable basis for the companies in the novo group; and 2) to support scientific, humanitarian and social purposes. the vision of the foundation is to contribute significantly to research
and development that improves the health and welfare of people. foundation ownership ensures stable and long-term ownership of the companies in the novo group. three areas of support the foundation provides support within three main areas: ? physiological, endocrinological, metabolic and other medical research; ? research hospital activities within the field of diabetes in denmark; ? other scientific fields ? including research on sustainable production, art history and nursing ? as well as humanitarian and social causes. the foundation supports free and independent research, primarily at hospitals and universities in denmark and the other nordic countries. the foundation supports the entire value chain within research ? from education to innovation ? contributing to building bridges between the discoveries researchers make and their commercial applications. for this reason, the foundation supports a range of initiatives, either directly or through novo a/s, that aim to accelerate the use of innovative, research- based knowledge. the ambition is to create added value by establishing new life science and bio-industrial companies that provide employment for people ? ultimately benefiting society as a whole. in 2016, the foundation awarded dkk 4.2 billion within its three areas of support through 340 grants, both large and small. the foundation funds its activities primarily through the dividends received from novo a/s, which manages the foundation?s assets. for more information, please visit www.novonordiskfonden.dk grants awarded according to the foundation?s main areas of support, 2010?2016 since 2010, the foundation has donated more than dkk 10 billion, primarily for research. 44% ? physiological, endocrinological, metabolic and other medical research 31% ? research hospital activities within diabetes in denmark 25% ? other scientific as well as humanitarian and social purposes 56 novo a/s 2016
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