The Danish Government has a strong focus on ensuring that Denmark thrives in an increasingly competitive global market. Monday, the Danish Minister for Trade and Investment visited the life science cluster in northern Denmark to experience how Danish strongholds are developed and turned into business through partnerships and knowledge sharing.
Aalborg University as a cluster hub
Aalborg University is the hub for a strong life science cluster in the region. The university cooperates and coordinates with businesses, foundations, other educational institutions, municipal and regional governments and the entrepreneurial environment in general to foster a dynamic and strong climate for business and innovation. Aalborg University is the Danish University with the highest amount of research agreements with private companies and fosters the highest number of spin-off businesses.
The commercialization of the most promising research projects from Aalborg University often happens through the science park NOVI. Incubation of this kind is an efficient tool to ensure the right trajectory for knowledge intense upstarts.
German health care group invests in Danish start-up
One of the businesses that have benefitted from the setup around Aalborg University is the German Ottobock Health Care group and their Danish subsidiary Neurodan. Neurodan is a spin-off from Aalborg University that develops products which can help patients that have suffered damages to the nervous system. The applications are wide-ranging and can e.g. be used in treating foot drop. In 2005, Ottobock bought up Neurodan in Aalborg,
The Minister met with among others Bo Hammer Pedersen, VP of Operations for Neurodan, who feels strongly about the setup around Neurodan:
- “The MedTech sector in Aalborg is blessed by having a good and unique combination of Aalborg University, the University Hospital, a business friendly municipality and a private sector with both established players and startups. This gives, if exploited, a great strength for Denmark and for potential investors like Ottobock.”
The Danish Minister for Trade and Development, Mogens Jensen, together with Bo Hammer Pedersen, VP of Operations for Neurodan.