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Aimmune Gets $145m From Nestlé To Advance Food Allergy Immunotherapies

 
• By Joseph Haas

With the sizeable investment, Nestlé Health Sciences also gets a three-month right of first negotiation for licensing or partnering to develop any Aimmune candidates, including Phase III AR101 for peanut allergy.

Aimmune Therapeutics Inc. gained an experienced and deep-pocketed partner Nov. 4 for its experimental oral immunotherapies for food allergies as it entered into an R&D collaboration with Nestle Health Science SA, which made a $145m equity investment in the biotech.

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