Novo Nordisk Foundation

The Novo Nordisk Foundation is an international enterprise foundation focusing on medical treatment and research.

In 2022, the foundation had a net worth of $107 billion (805 billion DKK), making it the wealthiest charitable foundation in the world. Novo Nordisk Foundation owns Novo Holdings A/S, a holding company that is the majority voting shareholder of Novo Nordisk, a Danish pharmaceutical corporation.

From 2016 to 2022, the foundation distributed more than US$4.5 billion in grants for research, innovation, treatment, education, humanitarian and social purposes. In 2023, the foundation awarded grants worth 9.1 billion DKK (approx. $1.33 billion) and paid out 5.8 billion DKK (approx. $0.84 billion).

While the main focus lies within biomedicine and biotechnology research, the Foundation also awards grants for research in general practice and family medicine, nursing and art history. Provided by Wikipedia

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