Novo Nordisk Foundation pours $850m into European life sciences economy [Yahoo! Finance]
Novo Nordisk A/S (NVO)
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Source: Yahoo! Finance
Through this cash injection, which will be allocated over the next nine years, the enterprise foundation is hoping to expand the BII's capacity to support start-ups and entrepreneurs across the continental life sciences sector. The grant will also facilitate the BII's further collaborations with industry bodies and academic institutions across its home country of Denmark, while expanding its focus to support innovation across Europe as a whole. The BII was established by the Novo Nordisk Foundation in 2017, though the non-profit later became an independent organisation in 2020. Since its spinout, the BII's goal remains largely the same - to support the continued growth of the biotech and life sciences sectors within Denmark and other Nordic countries. The non-profit achieves this by offering early-stage funding, access to infrastructure and business development support to businesses, thus supporting them in moving innovations through to the clinic and beyond. Now, the commerc
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NVO
Earnings
- 11/6/25 - Beat
NVO
Sec Filings
- 12/23/25 - Form 6-K
- 11/25/25 - Form 6-K
- 11/24/25 - Form 6-K
- NVO's page on the SEC website