Novozymes to establish new innovation campus in Denmark

Novozymes has signed a deal with Lyngby-Taarbæk Municipality to acquire a 140,000 square meter site in Lyngby, Denmark. Novozymes’ goal is to build a new campus dedicated to research and business development.

"This is an investment in the future, where the new innovation campus will be a cornerstone for our global research. Novozymes is driven by innovation and this center will help strengthen our growth through developing ground-breaking biotechnology,” said Per Falholt, Executive Vice President for R&D at Novozymes.

New campus to be a hub for biotechnology
Approximately 14% of Novozymes’ revenue is reinvested into research annually, leading to the development of over 100 new products since the company went public 15 years ago. These products are used globally and enable energy-efficient production, replacement of fossil fuels, more sustainable food production and other benefits.

“With the location in Lyngby, in close proximity to Denmark’s Technical University our ambition is to create a global hub for biotech research. Our new campus will be important in creating the ultimate conditions for product development while simultaneously offering our employees a great workplace,” says Per Falholt. “We are delighted that the Lyngby-Taarbæk Municipality is interested in this project.”

As part of the campus construction, Novozymes will also establish a learning center where students and visitors alike are invited to discover and learn about the magic of nature and biology. The learning center will include teaching laboratories, a small cinema and a cafe, and will function as a link to the research environment in Lyngby.

Growth in Novozymes’ research
More than 20% of Novozymes’ 6,500 employees work within research and development. In Denmark, Novozymes employs 2,700 people – a number that has grown by approximately 600 since 2005. This growth contributed to the decision to develop the new innovation campus.

“Novozymes’ project is ambitious and fits perfectly into our goal of developing as a knowledge and university city,” said Sofia Osmani, Mayor of Lyngby-Taarbæk. “The new innovation campus will strengthen education, research and business in the municipality. And Novozymes also shares our ambition to maintain and develop the area as a green recreational oasis.”

The inauguration of the new innovation campus is expected to take place in 2018 upon the approval of the district plan.