MedWatch

Lundbeck Foundation makes hire for new investment department

The foundation, which owns the majority of pharmaceutical firm Lundbeck, has hired Kevin Dalgaard, who comes to the firm from a role in business development at Boehringer Ingelheim.

Photo: Lundbeckfonden / PR

Earlier this year, the Lundbeck Foundation merged its two investment arms Emerge and Ventures together to form Biocapital, which focuses exclusively on early-stage life science startups.

The foundation is now strengthening the team through the hire of Kevin Dalgaard as principal. He comes to the role from a position as strategic partner of business development at Boehringer Ingelheim, where he was also responsible for the German firm’s global licensing activities within cardiovascular disease, metabolic disorders and eye diseases.

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