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21 February 2022
Nestlé has “low interest” in entering the broader consumer healthcare market, said chief executive officer Mark Schneider, as Nestlé Health Science reported double-digit sales growth on an organic basis in 2021.
8 February 2022
Nestlé Health Science is expanding its weight management portfolio by acquiring PronoKal from private-equity firm Abac Capital for an undisclosed sum.
4 February 2022
Nestlé Health Science is acquiring a majority stake in Orgain –the US-based company specialising in plant-based nutrition – for an undisclosed sum.
13 December 2021
Nestlé is reducing its stake in L’Oréal by selling shares worth CHF9.3 billion (USD10.0 billion) back to the French beauty company.
25 October 2021
Worldwide sales at Nestlé Health Science increased by 14.3% on an organic basis to CHF3.24 billion (USD3.54 billion) in the first nine months of 2021, following “strong contributions” from Vital Proteins, Garden of Life, Persona and Pure Encapsulations.
13 September 2021
Sun Pharma has entered the nutrition bar segment in India with its Revital brand, The Bountiful Company has extended Sundown Kids in the US, and AFT Pharmaceuticals is seeking a change to the classification of ibuprofen in New Zealand.
2 August 2021
Nestlé Health Science reported sales up by 24.3% to CHF1.91 billion (USD2.11 billion) in the first half of 2021, following a series of acquisitions involving vitamins, minerals and supplements (VMS) assets.
2 August 2021
Nestlé’s vitamins, minerals and supplements (VMS) brands have “very strong global appeal”, says chief executive officer Mark Schneider, adding there is “significant inbound interest from all four corners of the world to do more with that”.
8 June 2021
Medice has hired Uwe Baumann, ChromaDex has announced that its Tru Niagen dietary supplements are now available from Walmart in the US, and Nestlé Health Science is acquiring two brands for people with special nutritional needs.
7 June 2021
The global vitamins, minerals and supplements (VMS) industry remains “fairly fragmented” and there are “opportunities for creating exciting platforms”, according to Mark Schneider, chief executive officer of Nestlé.