Nestle, Bullish On Palforzia, To Buy Remainder Of Aimmune

Firm Will Create Food Allergy Subsidiary

Since Palforzia likely will be the only peanut allergy drug on market for some time, Nestle announces it will pay about $2.6bn to acquire the 80% of Aimmune it doesn’t own.

Peanut allergy concept
Nestle wants to fully own the only approved peanut allergy therapy

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