Nestlé to fully own Aimmune Therapeutics through $2bn deal

Nestlé to fully own Aimmune Therapeutics through $2bn deal

Nestlé will take full ownership of Aimmune Therapeutics, the developer of FDA approved peanut allergy drug Palforzia, by acquiring the remaining stake of 74.4% in the latter for about $2 billion. The deal is expected to help the Swiss conglomerate’s subsidiary Nestlé Health Science and Aimmune Therapeutics to create a global leader in the prevention […]

First patients being treated with Aimmune’s PALFORZIA peanut allergy drug

First patients being treated with Aimmune’s PALFORZIA peanut allergy drug

Aimmune Therapeutics said that the first patients in the US are being treated with the recently FDA approved peanut allergy drug PALFORZIA [Peanut (Arachis hypogaea) Allergen Powder-dnfp]. The California-based biopharma company said that specialty pharmacies are shipping initial dosing kits of the new peanut allergy drug to allergists for in-office administration to their peanut-allergic patients […]

Nestlé increases stake in Aimmune Therapeutics after Palforzia FDA approval

Nestlé increases stake in Aimmune Therapeutics after Palforzia FDA approval

Aimmune Therapeutics, which has recently bagged approval from the US Food and Drug Administration (FDA) for its peanut allergy drug PALFORZIA (formerly AR101), has secured an additional equity investment of $200 million from Nestlé Health Science. Based in California, Aimmune Therapeutics has been focused on the development and commercialization of treatments for potentially life-threatening food […]

Aimmune Therapeutics bags Palforzia FDA approval for peanut allergy

Aimmune Therapeutics bags Palforzia FDA approval for peanut allergy

Palforzia FDA approval : Aimmune Therapeutics has been granted approval from the US Food and Drug Administration (FDA) for Palforzia [Peanut (Arachis hypogaea) Allergen Powder-dnfp] for the treatment of peanut allergy in children. The peanut allergy drug has been approved for mitigating allergic reactions such as anaphylaxis, that may result from accidental exposure to peanuts, […]