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&lt;br /&gt; LEDELSESBERETNING &lt;br /&gt; &Aring;rsskrift 2009&lt;br /&gt; I&lt;br /&gt; ndholdsfortegnelse&lt;br /&gt; &lt;br /&gt; N S 3&lt;br /&gt; ovo A/&lt;br /&gt; &lt;br /&gt; &lt;br /&gt; &middot; L&lt;br /&gt; edelsesberetning&lt;br /&gt; 4&lt;br /&gt; Hovedbegivenheder i 2009&lt;br /&gt; &lt;br /&gt; B&lt;br /&gt; &lt;br /&gt; L&lt;br /&gt; &lt;br /&gt; estyrelse og direktion&lt;br /&gt; edelsesberetning&lt;br /&gt; &lt;br /&gt; 5&lt;br /&gt; &lt;br /&gt; 6&lt;br /&gt; &lt;br /&gt; 7&lt;br /&gt; &lt;br /&gt; &lt;br /&gt; &lt;br /&gt; &middot;&lt;br /&gt; Novo Seeds&lt;br /&gt; 14&lt;br /&gt; &lt;br /&gt; E&lt;br /&gt; t begivenhedsrigt 2009 &ndash; Novo Seeds programmer&lt;br /&gt; 15&lt;br /&gt; Seed investeringer og pre-seed bevillinger&lt;br /&gt; 16&lt;br /&gt; SeedSummit09&lt;br /&gt; 17&lt;br /&gt; &lt;br /&gt; &lt;br /&gt; &middot; s <a title="novo &Aring;rsrapport 2009 page 1" href="http://viewer.zmags.com/publication/a00fc7aa?page=1">&Aring;rsskrift 2009</a> &Aring;rsskrift 2009<a title="novo &Aring;rsrapport 2009 page 2" href="http://viewer.zmags.com/publication/a00fc7aa?page=2">IndholdsfortegnelseN S </a> IndholdsfortegnelseN S <a title="novo &Aring;rsrapport 2009 page 3" href="http://viewer.zmags.com/publication/a00fc7aa?page=3">Novo A/SNovo A/S er et dansk, unoteret aktiese</a> Novo A/SNovo A/S er et dansk, unoteret aktiese<a title="novo &Aring;rsrapport 2009 page 4" href="http://viewer.zmags.com/publication/a00fc7aa?page=4">LEDELSESBERETNING </a> LEDELSESBERETNING <a title="novo &Aring;rsrapport 2009 page 5" href="http://viewer.zmags.com/publication/a00fc7aa?page=5">Hovedbegivenheder i 2009Novo Nordisk A/S og No</a> Hovedbegivenheder i 2009Novo Nordisk A/S og No<a title="novo &Aring;rsrapport 2009 page 6" href="http://viewer.zmags.com/publication/a00fc7aa?page=6">BestyrelseUlf J. JohanssonBestyrelse</a> BestyrelseUlf J. JohanssonBestyrelse<a title="novo &Aring;rsrapport 2009 page 7" href="http://viewer.zmags.com/publication/a00fc7aa?page=7">J&Oslash;rgen BoeBestyrelsesmedlemJ&Oslash;rgen Bo er f&Oslash;dt</a> J&Oslash;rgen BoeBestyrelsesmedlemJ&Oslash;rgen Bo er f&Oslash;dt<a title="novo &Aring;rsrapport 2009 page 8" href="http://viewer.zmags.com/publication/a00fc7aa?page=8">8LedelsesberetningNovo A/S har i 2009 accele</a> 8LedelsesberetningNovo A/S har i 2009 accele<a title="novo &Aring;rsrapport 2009 page 9" href="http://viewer.zmags.com/publication/a00fc7aa?page=9">Novo SeedsNovo A/S og Novo Nordisk Fonden driv</a> Novo SeedsNovo A/S og Novo Nordisk Fonden driv<a title="novo &Aring;rsrapport 2009 page 10" href="http://viewer.zmags.com/publication/a00fc7aa?page=10">engestr&Oslash;mme i Novo A/SNovo A/S har i 2009 ud</a> engestr&Oslash;mme i Novo A/SNovo A/S har i 2009 ud<a title="novo &Aring;rsrapport 2009 page 11" href="http://viewer.zmags.com/publication/a00fc7aa?page=11">CSR (Corporate Social Responsibility) i Novo A/</a> CSR (Corporate Social Responsibility) i Novo A/<a title="novo &Aring;rsrapport 2009 page 12" href="http://viewer.zmags.com/publication/a00fc7aa?page=12">12Investeringsstrategien afstikker retningslinj</a> 12Investeringsstrategien afstikker retningslinj<a title="novo &Aring;rsrapport 2009 page 13" href="http://viewer.zmags.com/publication/a00fc7aa?page=13">Derudover er der for Novo A/S finansielle risic</a> Derudover er der for Novo A/S finansielle risic<a title="novo &Aring;rsrapport 2009 page 14" href="http://viewer.zmags.com/publication/a00fc7aa?page=14">NOVO SEEDS </a> NOVO SEEDS <a title="novo &Aring;rsrapport 2009 page 15" href="http://viewer.zmags.com/publication/a00fc7aa?page=15">Et begivenhedsrigt 2009 &ndash; 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stammenNovo A/S er en dedikeret inv</a> Nyt skud p&aring; stammenNovo A/S er en dedikeret inv<a title="novo &Aring;rsrapport 2009 page 34" href="http://viewer.zmags.com/publication/a00fc7aa?page=34">Novo A/S &Oslash;rem&aelig;rker &aring;rligt op til USD 300 mio. til</a> Novo A/S &Oslash;rem&aelig;rker &aring;rligt op til USD 300 mio. til<a title="novo &Aring;rsrapport 2009 page 35" href="http://viewer.zmags.com/publication/a00fc7aa?page=35">Typiske kendetegn for en investering&middot; E </a> Typiske kendetegn for en investering&middot; E <a title="novo &Aring;rsrapport 2009 page 36" href="http://viewer.zmags.com/publication/a00fc7aa?page=36">NOVO FINANCE</a> NOVO FINANCE<a title="novo &Aring;rsrapport 2009 page 37" href="http://viewer.zmags.com/publication/a00fc7aa?page=37">Finansielle investeringerUdviklingen p&aring; de fi</a> Finansielle investeringerUdviklingen p&aring; de fi<a title="novo &Aring;rsrapport 2009 page 38" href="http://viewer.zmags.com/publication/a00fc7aa?page=38">Den danske obligationsportef&Oslash;lje best&aring;r af b&Oslash;rsno</a> Den danske obligationsportef&Oslash;lje best&aring;r af b&Oslash;rsno<a title="novo &Aring;rsrapport 2009 page 39" href="http://viewer.zmags.com/publication/a00fc7aa?page=39">Den v&aelig;sentligste &aring;rsag til at Novos portef&Oslash;lje ha</a> Den v&aelig;sentligste &aring;rsag til at Novos portef&Oslash;lje ha<a title="novo &Aring;rsrapport 2009 page 40" href="http://viewer.zmags.com/publication/a00fc7aa?page=40">REGNSKAB I UDDRAG</a> REGNSKAB I UDDRAG<a title="novo &Aring;rsrapport 2009 page 41" href="http://viewer.zmags.com/publication/a00fc7aa?page=41">Pengestr&Oslash;msopg&Oslash;relsePerioden 1. januar - 3</a> Pengestr&Oslash;msopg&Oslash;relsePerioden 1. januar - 3<a title="novo &Aring;rsrapport 2009 page 42" href="http://viewer.zmags.com/publication/a00fc7aa?page=42"> Totalindkomstopg&Oslash;relsePerioden 1. januar -</a> Totalindkomstopg&Oslash;relsePerioden 1. januar -<a title="novo &Aring;rsrapport 2009 page 43" href="http://viewer.zmags.com/publication/a00fc7aa?page=43">BalancePr. 31. december20092008DKK mio</a> BalancePr. 31. december20092008DKK mio<a title="novo &Aring;rsrapport 2009 page 44" href="http://viewer.zmags.com/publication/a00fc7aa?page=44">NOVO GRUPPEN</a> NOVO GRUPPEN<a title="novo &Aring;rsrapport 2009 page 45" href="http://viewer.zmags.com/publication/a00fc7aa?page=45">Novo Nordisk FondenNovo Nordisk Fonden er en </a> Novo Nordisk FondenNovo Nordisk Fonden er en <a title="novo &Aring;rsrapport 2009 page 46" href="http://viewer.zmags.com/publication/a00fc7aa?page=46">Novo Nordisk A/SSom en fokuseret l&aelig;gemiddelvir</a> Novo Nordisk A/SSom en fokuseret l&aelig;gemiddelvir<a title="novo &Aring;rsrapport 2009 page 47" href="http://viewer.zmags.com/publication/a00fc7aa?page=47">N Sovozymes A/Novozymes er ve</a> N Sovozymes A/Novozymes er ve<a title="novo &Aring;rsrapport 2009 page 48" href="http://viewer.zmags.com/publication/a00fc7aa?page=48">MedarbejdereScott BeardsleySenior pa</a> MedarbejdereScott BeardsleySenior pa<a title="novo &Aring;rsrapport 2009 page 49" href="http://viewer.zmags.com/publication/a00fc7aa?page=49">H neather LudvigseVenture</a> H neather LudvigseVenture<a title="novo &Aring;rsrapport 2009 page 50" href="http://viewer.zmags.com/publication/a00fc7aa?page=50">&middot; 4 </a> &middot; 4 <a title="novo &Aring;rsrapport 2009 page 51" href="http://viewer.zmags.com/publication/a00fc7aa?page=51">Gra&#64257;sk design: Burson-MarstellerFotos af Novo A/</a> Gra&#64257;sk design: Burson-MarstellerFotos af Novo A/<a title="novo &Aring;rsrapport 2009 page 52" href="http://viewer.zmags.com/publication/a00fc7aa?page=52">Novo A/STuborg Havnevej 192900 HellerupTlf.: </a> Novo A/STuborg Havnevej 192900 HellerupTlf.: