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The Novo Nordisk Foundation turns 100 years old

Some say the world is falling apart.

Some say it has never been a better place.

100 years have passed since our founders created what is now the Novo Nordisk Foundation. We are sure they would find today’s world a much better place than the one they lived in.

Through the past hundred years, we have supported many of the world’s best scientists − pioneers who, through their groundbreaking research and innovation, have contributed to defeating disease and improving human health. We will continue to do so. The rapid development and deployment of COVID-19 vaccines based on mRNA technology showed how fast the global community can respond to a critical challenge. Many other scientific and technological advances hold equally promising or even greater potential. Artificial intelligence and machine learning, gene editing, quantum computing, stem cell-based therapies, and digital technologies for remote health care delivery, to name a few.

We will also support science and help scale and implement new solutions that can drive the much-needed green transition of agriculture, industry, and society at large. The rapid growth and decreasing costs of renewable energy sources, such as solar and wind power, are a huge inspiration. Ongoing technological advancements in, for example, carbon capture and storage, sustainable agriculture, and more energy-efficient solutions give further cause for optimism.

As we mark our centennial, the Novo Nordisk Foundation reaffirms its commitment to being a catalyst for better human and planetary health. We are mindful of the responsibilities that come with being a resourceful organization. We pledge to be transparent about our work, involve our stakeholders in shaping our strategies, and address the concerns that some may have with the science and technologies that we support.  Only this way can we earn the trust of our stakeholders and make a meaningful impact, together.

The world is not falling apart. But it must be a better place for all.

 

It all started with a journey...

… A journey driven by scientific curiosity, desire to change the world, business sense and public spirit in addition to unusual commitment and willpower

In 1922, August Krogh, a professor at the University of Copenhagen, went on a lecture tour of universities on the east coast of the United States after receiving the Nobel Prize in Physiology or Medicine in 1920. During this tour, his wife, Marie Krogh, persuaded the renowned Danish scientist to take a detour to Toronto, Canada, where the scientists Frederick Banting, Charles Best and John Macleod had just succeeded in manufacturing active insulin. The outcome was that August Krogh received permission to manufacture insulin in the Nordic countries. This not only changed the lives of August and Marie Krogh but also became the starting-point for a unique scientific odyssey and Danish business adventure.

August Krogh returned to Copenhagen in December 1922 with permission to manufacture insulin and instinctively knew that he had a historic opportunity and responsibility to change the lives of thousands of incurably sick people with diabetes in Denmark and the other Nordic countries. In a commemorative publication from 1924, Krogh gave a comprehensive account of his role in securing the permission and his own journey to Canada: ”I was soon convinced that it would be invaluable to bring the benefits of insulin to Denmark …”

From the very beginning, the primary considerations focused on the special scientific and societal responsibility associated with producing life-saving medicine and how this could best be ensured in a foundation structure. Thus, science and public spirit were integral to the Group’s history and raison d’être and have been ever since. Today, this spirit is extremely important for the Group and its activities: contributing significantly to research and development that improves the health and welfare of people.

Support for the scientific and humanitarian

In 1922, August Krogh joined forces with H.C. Hagedorn, a physician specialising in diabetes, and pharmacist August Kongsted to start the production and sale of insulin in Scandinavia. This led to the establishment in 1923 of the company Nordisk Insulinlaboratorium. From the start, the founders placed the company and its responsibilities in a foundation structure. Hagedorn, August Krogh and Kongsted comprised the formal Nordisk leadership in both the company and the foundation and, although all three were very diverse and charismatic men, they agreed on one thing: the profit from the sale of diabetes medicine would be used for scientific and humanitarian purposes. This was fully in accordance with the agreement that August Krogh made with the Insulin Committee of the University of Toronto.

In 1924, an event took place with far-reaching consequences for the history of the Group. As a result of a disagreement, Hans Christian Hagedorn fired one of his most trusted employees, Thorvald Pedersen, a pharmacist and chemist. His brother, Harald Petersen, a highly valued employee working for August Krogh, resigned out of loyalty to Thorvald.

According to the people involved, the following exchange took place:

August Krogh: “What are you going to do?”

Harald Pedersen: “We want to make insulin.”

August Krogh: “Well, you’ll never manage that.”

Harald Pedersen: “We will show you!”


Selected historical films
See more
Video

Century of Legacies: Episode 1 – “Only If Necessary”

Video

Century of Legacies: Episode 2 – “A Promise For Life”

Video

Century of Legacies: Episode 3. ‘The Dead Hand’

Video

Century of Legacies: Episode 4 – Novo Nordisk Foundation 100 year

Video

August Krogh – Kapitel 1: ”Jagten på den ubarmhjertige sandhed”

Video

August Krogh – Kapitel 2: “Det klareste syn”

Video

August Krogh – Kapitel 3: “Når selv det bedste ikke er godt nok”

Video

August Krogh – Kapitel 4: “En leg for livet”

Century of Legacies: Episode 1 – “Only If Necessary”

Published
December 4th, 2023

Century of Legacies: Episode 2 – “A Promise For Life”

Published
December 10th, 2023

Century of Legacies: Episode 3. ‘The Dead Hand’

Published
December 17th, 2023

Century of Legacies: Episode 4 – Novo Nordisk Foundation 100 year

Published
December 24th, 2023

August Krogh – Kapitel 1: ”Jagten på den ubarmhjertige sandhed”

Published
November 28th, 2020

August Krogh – Kapitel 2: “Det klareste syn”

Published
November 28th, 2020

August Krogh – Kapitel 3: “Når selv det bedste ikke er godt nok”

Published
November 28th, 2020

August Krogh – Kapitel 4: “En leg for livet”

Published
November 28th, 2020

Our full history

Explore the Novo Nordisk Foundation timeline

From past to future: 100th anniversary logo

Our 100th anniversary logo features the message ‘A promise kept’, representing a century of commitment and scientific discoveries.

The design combines our proud history with a look towards the possibilities of the future. The vision of the Novo Nordisk Foundation is a promise to promote human health and the sustainability of society and the planet.

The 100-year logo will be visible on our website, social media, publications and events, serving as a constant reminder of the Foundation’s journey and the promise we have held strong for 100 years.