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The LEO Foundation is the controlling shareholder of LEO Pharma

The LEO Foundation is one of Denmark’s largest enterprise foundations, driving progress for people living with skin diseases through ownership, philanthropy and investments.

The LEO Foundation owns about 80% of LEO Pharma and exercises engaged, ambitious controlling ownership. Its primary objective is to ensure LEO Pharma’s long-term development and success as a global leader in medical dermatology.

 

Besides its ownership role, the Foundation is one of the world’s largest private funders of independent skin research. It provides philanthropic grants to support research that pioneers new discoveries and transforms our understanding of the skin and its diseases. Over the years, the LEO Foundation has awarded more than EUR 240 million.

 

In addition, the Foundation manages substantial financial assets. These assets are invested to ensure the Foundation’s continued capability to support LEO Pharma’s long-term continuation and strategic development and to provide a growing basis for philanthropic grants.

About the LEO Foundation

The LEO Foundation was established in 1984 by Knud Abildgaard, who owned LEO Pharma. He wanted to ensure the continuation of the company by transferring controlling ownership to an enterprise foundation. Knud Abildgaard passed away in 1986, and the Foundation has been the controlling shareholder of LEO Pharma since then.

Visit www.leo-foundation.org 

Follow the LEO Foundation on LinkedIn