Novo Holdings 5% and increasing - perspective26 Aug 2024 08:15
The fact that Novo Holdings has taken 5% and is intending to increase that holding (joining BioMerieux on the register with its 7%) should not be underestimated. Novo's glowing testimonial to Oxford Nanopore is highly significant - why?
Novo Holdings is a holding and investment company that is responsible for managing the assets and wealth of the Novo Nordisk Foundation, one of the world’s largest enterprise foundations.
Novo Holdings is the controlling shareholder of Novo Nordisk and Novozymes (the Novo Group companies). It manages assets of €150bn
Novo Nordisk headquartered in Denmark, Novo Nordisk A/S employs more than 64,000 employees in 80 countries and markets its products in 168 countries. In 2023, Novo Nordisk A/S had revenue of DKK 232,261 million.
Novozymes A/S has more than 6,700 employees worldwide and markets more than 700 products in 140 countries. In 2023, Novozymes A/S had revenue of DKK 17,899 million
Novo is a pathfinder and first mover.