News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

Nestle SA Advances Further into Medicine with Planned Alzheimer's Test



9/23/2015 6:35:06 AM

Food group Nestle has taken a further step into the medicine business by signing a research collaboration agreement with a Swiss biotech company to develop an Alzheimer's disease diagnostic test.

Nestle's second medical deal in a week underscores the commitment by the world's largest packaged food company to the faster-growing, more profitable medical field as sales of processed foods slow in many markets.

Swiss biotech firm AC Immune, which already has established ties with Roche in drug research, said on Wednesday it would develop a minimally invasive diagnostic assay for Tau with the Nestle Institute of Health Sciences. Financial terms were not disclosed.

Help employers find you! Check out all the jobs and post your resume.

Read at Reuters
Read at Bloomberg
Read at Philadelphia Inquirer


comments powered by Disqus
Nestle SA
 
 

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES