Novo Nordisk Ownership Model
The Novo Nordisk Foundation is a non-profit
institution, whose formal purpose is to provide a stable basis for its
company's operations and to make contributions to scientific,
humanitarian and social progress.
Novo Holdings A/S is an unlisted Danish
private limited liability company, owned by the Novo Nordisk
Foundation and established to manage the Foundation's funds and to
invest actively in other companies. All A and B shares in Novo Nordisk
A/S, previously held by the Novo Nordisk Foundation, were transferred
to Novo holdings A/S (formerly Novo A/S) on 31 December 1999.
Novo Holdings A/S is the major shareholder in the Novo Group’s two publicly listed companies, Novo Nordisk A/S and Novozymes A/S.