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Novo Nordisk (Ozempic)

2115.22 - 2139.933 David Rosenthal

Well, I dug into this a little bit. So yes, this is a very common structure in Denmark. mostly for tax reasons, because Denmark has very, very high taxes. So this is a common like generational transfer mechanism. And Novo later, we'll talk about Novo in a sec. Novo actually has this type of structure that you're talking about. The Nordisk Foundation is not just like a foundation of convenience.

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