AAA September 2016 – Page 17

Nestlé to swallow portfolio company Phagenesis

Nestlé Health Science, a subsidiary of food and nutrition product maker Nestlé, agreed yesterday to acquire UK-based medical device producer Phagenesis, allowing Nestlé-backed venture firm Inventages Venture Capital to exit. The purchase price was not disclosed but a person familiar with the acquisition told the Wall Street Journal medical device companies of a similar size… Continue reading Nestlé to swallow portfolio company Phagenesis