Blog: Dean BestNestle turns to Chinese medicine

Dean Best | 29 November 2012

In another sign the world's largest food maker is not just about Kit Kats, Nescafe or Maggi noodles, the Swiss food giant is now looking to use Chinese medicine in its fledgling health science business.

Nestle and pharma and healthcare group Chi-Med are going to team up and look into developing "nutritional and medicinal products" using botanical plants.

"This joint venture provides Nestlé Health Science with an opportunity to develop and commercialise truly innovative and scientifically validated botanical-based nutrition for personalised healthcare in gastrointestinal health," Luis Cantarell, president and CEO for Nestlé Health Science, said.

Hutchison MediPharma Limited, a subsidiary of Chi-Med, is already developing what Nestle called a "first-of-its-kind botanical product", to be taken orally, to manage moderate inflammatory bowel disease.

The venture may raise some eyebrows in the food industry but it is a sign Nestle is confident efforts to carve a third way between nutrition and pharmaceuticals will pay dividends in a world facing growing health challenges from non-communicable diseases and, in the developed world, ageing populations.


BLOG

Aldi reveals UK growth ambitions

The discounter has, alongside its fellow German retailer Lidl, shaken up the UK grocery market. And today (28 September) it outlined plans to grow its business in the country further....

BLOG

General Mills investors vote no to ditching GMO

Genetically modified ingredients is a hot issue, nowhere more so than in the US. Most food makers in the country, through a number of industry organisations, maintain GMOs are safe and insist their us...

BLOG

Tata to take on online giants with e-commerce push

Indian conglomerate Tata Group is reportedly planning a "big bang" entry into the Indian e-commerce space....

BLOG

Food sector backs climate change initiatives at UN summit

Businesses from across the food industry pledged support for renewable energy, greener supply chains and fresh efforts to put the brakes on destruction at the United Nations 2014 Climate Change Summit...

just-food homepage



Forgot your password?