A leading biopharmaceutical company Aimmune Therapeutics, Inc. and Nestlé have entered into a definitive agreement pursuant to which Nestlé Health Science (NHSc) a subsidiary of Nestlé would acquire Aimmune.
- Aimmune Therapeutics, Inc is developing and commercializing treatments for potentially life-threatening food allergies (Aimmune).
- The acquisition is an extension of NHScs food allergy portfolio, creating a broader spectrum of solutions for children living with food allergies.
- Food allergies are not only disruptive to everyday life, they can be life threatening
The prominent investments and deals by Nestlé Health Science are featured below:
Aug 2020: Nestlé Health Science, a leading nutritional therapy provider has announced to acquire the business of IM HealthScience with its brands of IBgard, FDgard, Fiber Choice and REMfresh.
June 2020: Nestlés wholly owned subsidiary Nestlé Health Science (NHSc), has agreed to acquire a majority stake in America based Vital Proteins, is a lifestyle and wellness platform offering supplements, beverages, and food products.
May 2020: Nestlé announced donation of ventilators to Côte dIvoire in fight against COVID-19 pandemic. Ivorian Government has taken series of preventive measures to minimize the spread of the coronavirus. The donation included two ventilators, complementing the 18 ordered by the government in addition to the four already available in this West African country of 25 million inhabitants.
About Nestlé Health Science
Nestlé Health Science (NHSc), is headquartered in Switzerland, is a global leader in the field of nutritional science. It is a wholly-owned subsidiary of Nestlé, a global food and drink leader. NHSc offers an extensive consumer health portfolio of science-based consumer health, medical nutrition and supplement brands. The company employs more than 5,000 people across the world.
Nestlé is the worlds largest, most diversified food and beverages company. Established over 150 years ago, Nestlé employs more than 300,000 worldwide. Nestlé is dedicated to advancing nutrition, health, and wellness in a way that is sustainable and responsible and the company is a leader in many of the fastest growing food and beverages categories including coffee, petcare, bottled water and infant formula. Nestlé has some of the world’s most recognisable brands, with household names like Nescafé, global icons like Perrier and local favourites like NaturNes and Milo.
Nestlés strengths include global reach, an attractive product portfolio, powerful brands, industry-leading R&D and talented workforce.