Nestlé Health Science Refocuses As It Drops Peanut Allergy Treatment

VMS, active nutrition and medical nutrition will be Nestle Health Science's main focus areas going forward with the business looking to offload peanut allergy treatment Palforzia. The Swiss firm announced the move as it reported organic growth of 4% at Health Science for 2022.

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Nestlé Health Science will return its focus to consumer care and medical nutrition after confirming it is exploring “strategic options” for its peanut allergy treatment Palforzia.

Taking an impairment charge of CHF1.9bn ($2.1bn) on the brand, Nestlé blamed “slower than expected adoption by patients and healthcare...

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