FDBusiness.com

Nestlé Health Science Completes Investment in Seres Health

 Breaking News
  • First Milk to Cut 30 Jobs Following a thorough review of its manufacturing operations, First Milk, the UK dairy farmers co-operative, is to planning to make changes to its Lake District and Haverfordwest creameries to improve the productivity and efficiency of these sites. Shelagh Hancock, chief executive of First Milk. Shelagh Hancock, chief executive of First Milk, comments: “We have made significant capital [...]...
  • UK Regional Governments Do Not Trust London on Food “The political dimension means that common sense may not always prevail,” said David Thomson (pictured above), CEO of Food and Drink Federation Scotland, about the current Brexit negotiations and their impact on the food and drink industry in Scotland and the UK. He stressed the importance of heightening the profile of the food and drink [...]...
  • Ireland’s Ancient East Food and Drink Guide for Visitor Experiences Launched Fáilte Ireland (National Tourism Development Authority) has launched ‘Ireland’s Ancient East – A Guide for Food and Drink Visitor Experiences’ for food businesses who wish to diversify into tourism in Ireland’s Ancient East region. The guide will provide businesses with the tools to help give visitors an unforgettable experience by sharing the great stories of our [...]...
  • 10,000 Ghana Cocoa Farmers Able to Receive Premium Payments By Mobile Phone Cargill has made its first ever sustainable premium payment by electronic transfer to cocoa farmers in Ghana. Just over 10,000 farmers are benefiting from the 2 million GHS mobile payments made by Cargill in partnership with its customers through the Cargill Cocoa Promise, Cargill’s commitment to improving the livelihoods of farmers and communities that will secure a [...]...
  • Bridge2Food Announces Finalists in Protein Awards 2017 The finalists have been announced for the Bridge2Food Protein Awards 2017 which celebrate those creating new plant-based and high protein foods and ingredients, driving growth and innovation in the Protein industry. The finalists for each category are as follows: Best Plant-based Food: awarded to a company or individual that has created a new plant-based food. Beyond Meat [...]...

Nestlé Health Science Completes Investment in Seres Health

Nestlé Health Science Completes Investment in Seres Health
January 07
15:03 2015

Nestlé Health Science has completed a SFr65.6 million (Eur54.6 million) investment in Seres Health Inc. Seres Health, based in Cambridge, Massachusetts, USA, is a leading microbiome therapeutics company that is developing a novel class of biological drugs designed to treat diseases by restoring the function of the microbiome. The microbiome consists of around 100 trillion microorganisms that live in the body and perform a variety of functions, including supporting the immune system.

The investment is aligned with Nestlé Health Science’s ambition to advance the role of novel therapeutics in health care by leveraging external investment opportunities.

In addition to the investment in Seres Health, Nestlé Health Science has entered into a strategic innovation partnership with Flagship Ventures, a leading venture capital and venture creation firm focused on innovations in healthcare and sustainability. Flagship Ventures is based in Cambridge, Massachusetts, USA.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 19, 2017PROCESS EXPO 2017
  • September 22, 2017Global Summit on Food & Beverages
  • September 26, 2017FHM2017
  • September 26, 2017POWTECH
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements