1939 - August Kongsted dies
Viewed externally, August Kongsted seems to play an unobtrusive role, while August Krogh and Hans Christian Hagedorn are the driving forces of the company. Nevertheless, Kongsted is entrusted with the task of chairing Nordisk Insulinlaboratorium when August Krogh retires in December 1938, although he only serves for a very short time. Kongsted is considered a talented pharmaceutical manufacturer who focuses on quality and standardization. His life’s work, Løvens kemiske Fabrik, now LEO Pharma, is a leading global pharmaceutical company with more than 3000 employees.