Nestle said on Thursday it was offering US$34.50 per share for the remaining 74.4per cent in peanut allergy treatment maker Aimmune Therapeutics it does not already own, adding a potential blockbuster to its health science portfolio.
FILE PHOTO: A logo is pictured on the Nestle research center before the presentation of Sensationnal Vuna, a plant-based tuna product made by Garden Gourmet, at Vers-chez-les-Blanc in Lausanne, Switzerland August 20, 2020. REUTERS/Denis Balibouse/File PhotoZURICH: Nestle said on Thursday it was offering US$34.50 per share for the remaining 74.4per cent in peanut allergy treatment maker Aimmune Therapeutics it does not already own, adding a potential blockbuster to its health science portfolio.
The offer values the California-based biopharmaceutical company at US$2.6 billion, including the US$473 million Nestle had already invested in Aimmune, Nestle said in a statement.
Source: Healthcare Press (healthcarepress.net)
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