Novo Nordisk foundation gives billions back to Denmark to fund development
The Novo Nordisk Foundation’s role in Denmark is getting bigger and bigger, and in 2030, the foundation’s grants will reach a sum of DKK 10bn (USD 1.4bn). According to CEO Mads Krogsgaard Thomsen, public and private players must come together to shape society.
by BENJAMIN WERNER CHRISTENSEN, translated by daniel pedersen
If the Novo Nordisk Foundation wasn’t sending billions of kroner back into its home country, Denmark would lose out on a bunch of opportunities, says the foundation’s CEO, Mads Krogsgaard Thomsen.
Expres2ion CEO Bent U. Frandsen is one of 3,000 volunteers participating in a phase III trial of Bavarian Nordic’s Covid-19 booster candidate. If the vaccine reaches the market, Expres2ion will be entitled to royalties.