The Organisation
About the Foundation: Board of directors and management
We fund biomedical sciences research – and we have a special fondness for the brain. We invest responsibly, sustainably and with a long-term perspective, focusing in particular on healthcare enterprises.
All of our activities focus on improving lives and steering society in a healthier direction. Our ambition is for Denmark to become a leading research nation, with a flourishing business sector in the field of healthcare and offering exemplary diagnosis and treatment of patients with brain disorders.
The Lundbeck Foundation is worth approximately DKK 52 billion and grants at least DKK 500 million each year to Danish-based biomedical sciences research, focusing particularly on neuroscience.
Our commercial activities include four long-term ownerships (H. Lundbeck, ALK, Falck, and Ferrosan Medical Devices), a portfolio of 20 international as well as Danish biotech companies, and in-house administration of assets of around DKK 22 billion.
What is an enterprise foundation?
An enterprise foundation owns a controlling share of a business enterprise or runs its own business. The Lundbeck Foundation owns 69% of the shares in H. Lundbeck, 40% of the shares in ALK and 58% of the shares in Falck.
What is long-term ownership?
Over the past decades, we have established ourselves as an engaged owner – across all of the Foundation’s fields of activity. In close collaboration with the companies’ management teams, we play an active role in creating long-term value.
The commercial foundation model is a strong, sustainable type of ownership that ensures long-term value creation, keeps companies in Danish hands and contributes to society by – in the case of the Lundbeck Foundation – awarding grants for public biomedical sciences research at Danish universities.
The organisation
The Lundbeck Foundation’s around 50 employees put the decisions of its board of directors into practice. With the assistance of the management team, the Foundation’s CEO, Lene Skole, is responsible for daily operations.
