GRANT POLICY

In accordance with the statutes of the Lundbeck Foundation, the Foundation has two primary objectives: a. To consolidate and expand the activities of the Lundbeck Group b. To make distributions for the purposes mentioned in article 6 of the statutes

At the annual strategy seminar, the Board takes a position on the overall strategy and grant policy. The grant objectives of the Foundation are divided into the following categories:

■ Social causes

■ Research

■ Cultural purposes

■ Relatives of the Founder

■ Employees of the Lundbeck Group

■ Subsidiaries

The statutes do not stipulate any obligations for grant activities within the individual categories.

The grant objectives listed under section 6 in the statutes are categorised as shown on the right:

Statutes Grant Objective

Article 6a (Relatives of the Founder)

Article 6b (Employees of the Lundbeck Group)

The Foundation may make grants to descendants of the parents of the founder and her spouse.

The Foundation may provide financial support to, and otherwise make distributions, for the benefit of existing and former employees of the Lundbeck Group, including for training and education, for holidays and for holiday purposes. In so far as there is no need in each individual case to make distributions at any other time of the year, such distributions will only be made once a year on 20 July, which is the birthday of the deceased Mr Hans Lundbeck, manufacturer.

Article 6c (Research) The Foundation may grant honorary awards to physicians, scientists and others.

Article 6d (Research) The Foundation may grant support for scientific purposes, primarily for specific projects.

Article 6e (Subsidiaries) The Foundation may support special research projects within the Lundbeck Group.

Article 6f (Research) The Foundation may grant support to hospitals and for disease prevention.

Article 6g (Research) The Foundation may provide support for training and education in the widest sense of the words, if relevant, by way of interest-free loans.

Article 6h (Research) The Foundation may make grants for nurses.

Article 6i (Social causes) The Foundation may distribute up to 3% of the profit for the year, before tax, less retained earnings, in subsidiaries and associates, including LFI a/s, for the support of old and/or sick people, as well as those in need.

Article 6j (All categories) The Foundation may support other purposes, as decided by the Board of Directors. However, support for such purposes may only account for 25% of the total annual distributions in each calendar year.

The aim of the grant activities is to fulfil the Foundation’s grant strategy as based on the grant objectives set out in the statutes’ section 6. The grant strategy is an integral part of this grant policy.

The Board of Directors has the overall responsibility for the allocation of all grants. The Board of Directors has decided that the previously mentioned objectives should be met mainly through support for research in biomedicine with a focus on strengthening Danish neuroscience. The Board of Directors may decide on grants based upon recommendations from committees/expert panels, or issue a grant mandate to an expert panel that will make the final decisions within certain grant programmes. Grants for the support of research are primarily awarded to projects invited through open calls for applications. Grants may also be awarded without calls for applications.

Committees

To facilitate grant and prize activities within the aforementioned categories, the Foundation has established two committees, which serve as advisory bodies and submit recommendations for decisions to the Board of Directors.

Research And Prize Committee

This committee comprises the three members of the Board of Directors who are appointed for their research expertise according to the statutes. The CEO, and the Senior Vice President, Grants & Prizes, Director of Science, neither of whom are members of the Research and Prize Committee, assist this committee. The members of the Research and Prize Committee, who are also members of the Grants and Prizes Panel (see below), are tasked with the following:

■ Advising and submitting recommendations for decisions to the Board of Directors regarding applications, prize nominations and strategic research policy issues

■ Supervising the implementation of the Foundation’s strategy within grants and prizes

The Selection Committee For The Brain Prize

The selection committee for The Brain Prize reviews the nominations for The Brain Prize. Its members, all of whom are external to the Foundation, represent the highest possible level of expertise within the field of brain research, bringing to the committee relevant and comprehensive knowledge about the international scientific world.

Expert Panels

The Foundation has set up four expert panels to evaluate applications and make decisions on grants.

The Grants And Prizes Panel

This panel comprises the three members of the Board of Directors appointed for their research expertise according to the statutes, and three external experts from within the field of neuroscience. The panel evaluates applications for LF Fellows, LF Professors, and LF Collaborative Projects and submits recommendations for decisions to the Board of Directors.

The Talent Panel

This panel comprises 14 external experts spanning the field of biomedical research. The panel evaluates applications for LF Postdocs, LF Ascending Investigators and LF Experiments. The panel makes decisions on grants according to a grant mandate issued by the Board of Directors.

The Internationalisation Panel

This panel comprises two of the three members of the Board of Directors appointed for their research expertise according to the statutes, and the Senior Vice President, Grants & Prizes, Director of Science, and the Senior Grant Manager. The panel evaluates applications for meetings, visiting professorships and senior researcher sabbaticals. The panel makes decisions on grants according to a grant mandate issued by the Board of Directors.

The Scientific Enrichment Prize Panel

This panel comprises three members with experience in handling diversity polices in different research environments. The panel evaluates nominations for the Lundbeck Foundation Scientific Enrichment Prize and submits a recommendation for approval by the Board of Directors.

General Terms And Conditions For Research Grants

All grant recipients must comply with the Lundbeck Foundation’s General Terms and Conditions for Research Grants.

The Foundation expects researchers who receive funding to conduct their research according to recognised codes of Good Research Practice, including the Danish Ministry of Higher Education and Science’s Code of Conduct for Research Integrity, the Medical Research Council’s Good Research Practice, and the International Society for Pharmacoepidemiology’s Guidelines for Good Pharmacoepidemiology Practice. This also applies to interactions with other researchers, the collection, generation and analysis of data, applications for research funding, the publication of research results, and the recognition of direct and indirect contributions by colleagues, partners and others.

It is a prerequisite that researchers who receive funding from the Lundbeck Foundation are affiliated with institutions that have their own published codes and guidelines for Good Research Practice, and that the grant recipients comply with such guidelines. In addition, it is a prerequisite that these institutions have formally described procedures, which must be adhered to when handling any suspicion of scientific dishonesty.

To be eligible for a grant from the Foundation, the grant recipient and their host institution, as well as researchers and third parties affiliated with the research project, must also comply with all laws and rules relevant to the research project.