Today, we are celebrating 40 years of the LEO Foundation! 🎉 The LEO Foundation // LEO Fondet is one of the world's largest private funders of independent skin research. Not only does it uphold ownership of #LEOPharma with a strong, purpose-led governance, but it also drives advancements in skin research and care through its commitment to philanthropy. The foundation's unwavering dedication to advancing skin research and care has helped millions of people. Here’s to their continued mission and making a difference for the next 40 years and beyond! 🌟
🌟 Celebrating 40 years of the LEO Foundation! 🌟 On this day 40 years ago, the LEO Foundation was established by Knud Abildgaard, who, together with his wife Gertrud Abildgaard, owned Denmark’s largest pharmaceutical company, "Løvens kemiske Fabrik" - today known as LEO Pharma. To ensure the company’s future and independence, Abildgaard took the visionary step of transferring ownership to a foundation. Long story short – on 20 August 1984, Abildgaard signed a deed of gift, transferring his shares of the company to the LEO Foundation. This marked the beginning of the Foundation. Today, the LEO Foundation's core objective remains the same: to ensure the continuance of LEO Pharma. Additionally, we are proud to support independent research and awareness activities through our philanthropic efforts. “The LEO Foundation builds on a rich history with research into and treatment of skin diseases at its heart – 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,” says Peter Haahr, CEO, the LEO Foundation. Here’s to 40 years - and many more to come!