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History

The Lundbeck Foundation is an active industrial foundation established in 1954 by Grete Lundbeck, widow of the founder of the pharmaceutical company H. Lundbeck A/S.

The main objective of the Lundbeck Foundation is to maintain and expand the activities of the Lundbeck Group, and to provide financial support for research of the highest quality in biomedical and natural sciences.

The  Foundation holds a major portion of the share capital of H. Lundbeck A/S and ALK-Abelló A/S as well as in Falck A/S. The Foundation is registered with the Danish Commerce and Companies Agency under CVR no. 11814913 and is under the supervision of the Danish Civil Affairs Agency.

The Lundbeckfond Foundation has - in addition to its holdings in H. Lundbeck, ALK and Falck - portfolio investments of approx. DKK 12 billion, which are managed by Lundbeckfond Invest. In 2010 the Foundation established Lundbeckfond Ventures to invest in life science companies through holdings of 10-20 percent. Furthermore, Lundbeckfond Emerge was established in 2012 with the purpose of identifying and initiating the commercial development of Danish scientific results stemming from academia with major commercial potential.

The Foundation's equity in terms of market value amounted to DKK 37.6 billion at the end of 2013.

The Foundation's support of scientific activities takes place mainly through the financing of concrete scientific projects in the areas of biomedicine and natural sciences. It grants a number of stipends and fellowships, and also supports education and procurement activities in biomedical and natural sciences. Geographically, research in Denmark receives the highest priority, though it may be in connection with international collaborative research projects. Each year, the Lundbeck Foundation also awards a number of research prizes.

The Foundation awarded DKK 376 million in 2013 to scientific research primarily within the biomedical and natural sciences.

The statutes of foundation and the most recent annual reviews can be downloaded from the page, Publications, where you also can read a summary of the Foundation's history throughout 50 years.