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1999 - Novo A/S established

The Novo Nordisk Foundation establishes a wholly owned subsidiary, Novo A/S (now Novo Holdings A/S), to manage the Foundation’s endowment. The company is both the Foundation’s investment company and holding company for Nordisk A/S and Novozymes A/S, which is established the following year. The Novo Group is created, covering the three companies and their subsidiaries.

 

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