Novo Nordisk Foundation Commits Over $850M to Danish Life Science Incubator BII Over Next Decade
The Novo Nordisk Foundation has granted DKK 5.5 billion (over $850 million) to the BioInnovation Institute (BII), a Danish life science incubator.45
The funding is committed over the next 10 years to support life science and biotech startups.45
This investment will enable BII to expand into new strategic areas and geographies, supporting more entrepreneurs and startups.5
The announcement aligns with recent news coverage as of January 2026.8
Sources:
4. https://firstwordpharma.com/story/7065522
5. https://www.tmcnet.com/usubmit/-novo-nordisk-foundation-grants-dkk-55-billion-elevate-/2026/01/15/10317213.htm
8. https://www.statnews.com/pharmalot/2026/01/15/fda-antitrust-lilly-novo-compounders-insulin-ai-novartis/