{"id":12203,"date":"2024-08-20T06:00:00","date_gmt":"2024-08-20T04:00:00","guid":{"rendered":"https:\/\/leo-foundation.org\/en\/?p=12203"},"modified":"2024-08-20T07:49:36","modified_gmt":"2024-08-20T05:49:36","slug":"40-years-of-the-leo-foundation","status":"publish","type":"post","link":"https:\/\/leo-foundation.org\/en\/2024\/08\/20\/40-years-of-the-leo-foundation\/","title":{"rendered":"40 years of the LEO Foundation"},"content":{"rendered":"\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div style=\"height:19px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:61px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><em>20 August 2024<\/em><\/p>\n\n\n\n<p><strong><strong><strong>The LEO Foundation is celebrating its 40th anniversary.<\/strong><\/strong><\/strong><\/p>\n\n\n\n<p>Exactly 40 years ago \u2013 on 20 August 1984 &#8211; the LEO Foundation was established by Knud Abildgaard, who, together with his wife Gertrud Abildgaard, owned Denmark\u2019s largest pharmaceutical company, &#8220;L\u00f8vens kemiske Fabrik&#8221; &#8211; today known as LEO Pharma.<\/p>\n\n\n\n<p>Abildgaard wanted to ensure the continuance and independence of the company by transferring the ownership to a foundation. Long story short \u2013 on 20 August 1984, Abildgaard signed a deed of gift and donated all shares in LEO Pharma to the LEO Foundation. This marked the beginning of the LEO Foundation.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"40 years of the LEO Foundation\" width=\"500\" height=\"281\" data-cookieconsent=\"statistics, marketing\" data-src=\"https:\/\/www.youtube.com\/embed\/oIUK-FtIktE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><div class=\"cookieconsent-optout-statistics cookieconsent-optout-marketing\">\t\t\tPlease accept <a href=\"javascript:Cookiebot.renew()\">statistics, marketing<\/a> cookies to watch this video.\t\t\t<\/div>\n<\/div><\/figure>\n\n\n\n<div style=\"height:55px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>For many years, the LEO Foundation lived a quiet life, but much has changed over the years.<\/p>\n\n\n\n<p>Today, the Foundation&#8217;s primary objective remains to ensure the continuance of LEO Pharma \u2013 thereby helping to advance the standard of care for the millions of people living with skin diseases.<\/p>\n\n\n\n<p>Additionally, the LEO Foundation\u2019s philanthropic activities support independent research that strengthens our understanding of the skin and its diseases.<\/p>\n\n\n\n<div style=\"height:48px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n<div class=\"block-accordion-element accordion align\" data-block_a9c64a449b58c8e286be98285cd10574>\n  <div class=\"row\">\n    <div class=\"offset-md-2 offset-lg-2 offset-xl-3 col-sm-8 col-md-6 col-lg-6 col-xl-5 border-wt pl-0 order-1\">\n      <div class=\"d-flex flex-row align-items-center h-100\">\n        <button type=\"button\" class=\"btn btn-collapse collapsed p-0 mr-3\" data-toggle=\"collapse\" data-target=\"#collapse-block_a9c64a449b58c8e286be98285cd10574\" title=\"Click to expand\"><\/button>\n        <div class=\"d-flex flex-column justify-content-center\">\n          <h3>40 years of the Foundation<\/h3>\n                  <\/div>\n      <\/div>\n    <\/div>\n    <div class=\"col-sm-8 col-md-6 col-lg-6 col-xl-5 border-wt pr-0 order-sm-first order-first order-sm-2\">\n      <img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/LEO_40YEARS_Logo_Tal_negativ-2-1024x1024.png\" class=\"w-100 h-auto\" alt=\"\" srcset=\"https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/LEO_40YEARS_Logo_Tal_negativ-2-1024x1024.png 1024w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/LEO_40YEARS_Logo_Tal_negativ-2-300x300.png 300w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/LEO_40YEARS_Logo_Tal_negativ-2-150x150.png 150w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/LEO_40YEARS_Logo_Tal_negativ-2-768x768.png 768w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/LEO_40YEARS_Logo_Tal_negativ-2-960x959.png 960w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/LEO_40YEARS_Logo_Tal_negativ-2-320x320.png 320w, https:\/\/leo-foundation.org\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/LEO_40YEARS_Logo_Tal_negativ-2.png 1537w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\n    <\/div>\n    <div class=\"offset-md-2 offset-lg-2 offset-xl-3 col-sm-16 col-md-12 col-lg-12 col-xl-10 py-4 px-0 collapse fade out order-3\" id=\"collapse-block_a9c64a449b58c8e286be98285cd10574\">\n      <p>The LEO Foundation was <strong>founded in 1984<\/strong> by LEO Pharma\u2019s owner, Knud Abildgaard, primarily to secure the continuance of the company.<\/p>\n<p>The LEO Foundation\u2019s Charter stipulates that the Foundation must always be the <strong>controlling owner of LEO Pharma<\/strong>.<\/p>\n<p>The LEO Foundation will mark its <strong>40th anniversary<\/strong> by awarding an <strong>anniversary prize of 5 million Danish kroner<\/strong> (EUR 670,500) to an active researcher who has made an extraordinary contribution to skin research. The recipient of the prize will be announced on 5 September at the Foundation\u2019s anniversary reception.<\/p>\n<p>The story of the LEO Foundation stretches back more than 400 years to 1620, when King Christian IV granted a Royal Warrant to L\u00f8ve Apoteket \u2013 the lion pharmacy \u2013 in Copenhagen. Read more about <a href=\"https:\/\/leo-foundation.org\/en\/about-us\/#history\">the LEO Foundation\u2019s history<\/a>.<\/p>\n\n    <\/div>\n    <div class=\"offset-md-2 offset-lg-2 offset-xl-3 col-sm-16 col-md-12 col-lg-12 col-xl-10 border-wb order-4\"><\/div>\n  <\/div>\n<\/div>\n\n\n\n<div style=\"height:48px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>The LEO Foundation awarded its first philanthropic grant in 2011. Since then around more than DKK 1.3 billion have been awarded to support independent research around the world. This makes the LEO Foundation one of the world\u2019s largest private funders of independent skin research. And we are committed to doubling our philanthropic grants to research and education to around 500 million Danish kroner by 2030.<\/p>\n\n\n\n<p><em>\u201cThe LEO Foundation builds on a rich history with research into and treatment of skin diseases at its heart \u2013 and our purpose is clear. We want to do our part in paving the way for curing skin diseases. Our efforts as company owner, philanthropist, and investor are all aimed at making a difference for people living with skin diseases,\u201d <\/em>says Peter Haahr, CEO, the LEO Foundation.<\/p>\n\n\n\n<p>The LEO Foundation is marking its 40th anniversary at a reception on 5 September 2024. At this event, a special anniversary prize of DKK 5 million (EUR 670,500) will be awarded to a researcher who has made an extraordinary contribution to skin research.<\/p>\n\n\n\n<div style=\"height:23px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The LEO Foundation is celebrating its 40th anniversary. <\/p>\n","protected":false},"author":8,"featured_media":12240,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>40 years of the LEO Foundation<\/title>\n<meta name=\"description\" content=\"The 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