A deep dive into how Gates, Wellcome and Novo Nordisk spend their millions

07 May 2024 | News
R&D Funding
Universities
R&D Policy

As the three foundations link up in a new $300M joint fund, we look to see who their top 2023 grant winners were

By Richard L. Hudson

With their new $300 million global health programme announced 6 May, the Gates, Wellcome and Novo Nordisk foundations bring together three very different funding networks. A Science|Business analysis shows how they operate, and who benefits.

Our review of their 2023 awards shows three universities were their top academic grant recipients: for Gates, the University of California San Francisco (UCSF); for Wellcome, University College London and for Novo Nordisk the University of Copenhagen. The foundations are, collectively, the world’s biggest source of charitable health funding, spending about $10 billion a year on everything from malaria to malnutrition, plus studies on sustainability and societal problems that affect health.

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