The Lundbeck Foundation awards annually the 1 mio. € Brain Prize. The Lundbeck Foundation is one of Denmark’s largest commercial foundations, worth over DKK 50 billion. We award research grants amounting to DKK 400 to 500 million each year, primarily to Danish-based, biomedical sciences research. We also fund science education and research communication activities. With ‘brain health’ as our special focus area, we aim to create a better life through new knowledge.
The business activities of the foundation encompass three large subsidiaries, an international portfolio of 20 venture capital companies, a portfolio of small biotech companies based on Danish university research, and in-house administration of assets of around DKK 14 billion.