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04.11.2016 NESTLÉ HEALTH SCIENCE INVESTS IN AIMMUNE THERAPEUTICS, CREATING A STRATEGIC COLLABORATION TO DEVELOP DESENSITIZATION THERAPIES ACROSS MULTIPLE FOOD ALLERGIES

• Strategic Collaboration underscores Nestlé Health Science’s commitment to innovation in the management of food allergies and building a broad portfolio of solutions addressing the medical need of patients
• Aimmune is developing treatments for life-threatening food allergies; lead product AR101 is in Phase III for peanut allergy with US FDA Breakthrough Therapy Designation

Epalinges, Switzerland, 4 November 2016 – Nestlé Health Science announced today that it will make an equity investment of USD 145 million in US-based Aimmune Therapeutics (Nasdaq:AIMT), which corresponds to a 15% stake after completion of the transaction. The parties also entered into a strategic collaboration to accelerate the development of innovative oral immunotherapy biologics designed to desensitize people with food allergies and protect them from the consequences of accidental exposure.

Press Release Nestlé Health Science

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