Joining Nestlé Health Science (NHSc) as a stand-alone business unit called Aimmune Therapeutics, a Nestlé Health Science company, it will manage NHSc's global pharmaceutical business.

Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Find the latest historical data for Nestle S.A Reg Ord (NSRGF) at Nasdaq.com ... Get up to 10 years of daily historical stock prices & volumes. The Swiss food giant continued to build momentum in the first half of 2019. Ensure patients with asthma have their asthma under control prior to initiation of PALFORZIA.PALFORZIA should be temporarily withheld if the patient is experiencing an acute asthma exacerbation. Aimmune common stock has ceased to be traded on the NASDAQ Global Market.INDICATIONIn the US, PALFORZIA is an oral immunotherapy indicated for the mitigation of allergic reactions, including anaphylaxis, that may occur with accidental exposure to peanut. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. www.nestlehealthscience.comAbout Aimmune Aimmune Therapeutics, Inc. is a biopharmaceutical company that aspires to become the global leader in developing curative therapies and solutions for patients with food allergies. Vevey, October 13, 2020 Nestlé announces results of tender offer for Aimmune Therapeutics, Inc.Société des Produits Nestlé S.A. ("Nestlé") today announced the results of the tender offer by its wholly-owned subsidiary, SPN MergerSub, Inc. ("Purchaser"), to purchase all of the outstanding shares ("Shares") of common stock of Aimmune Therapeutics, Inc. (Nasdaq: AIMT) ("Aimmune"), other than any Shares held by Nestlé and its affiliates, for a price of USD 34.50 per Share (the "Offer Price"), net to the seller thereof in cash, without interest and subject to any withholding taxes (the "Offer"), which was made upon the terms and subject to the conditions set forth in the Offer to Purchase (the "Offer to Purchase") and related Letter of Transmittal.
PALFORZIA is available only through a restricted program under a Risk Evaluation and Mitigation Strategy (REMS) called the PALFORZIA REMS because of the risk of anaphylaxis. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes.
NHSc is redefining the way we approach the management of health in several key areas such as pediatric health, allergy, acute care, oncology, metabolic health, healthy aging, gastrointestinal health, and inborn errors of metabolism.

Worried about a market meltdown? At NHSc we are committed to empowering healthier lives through nutrition for consumers, patients and their healthcare partners.

Following such acceptance, Nestlé today intends to cause Purchaser to be merged with and into Aimmune (the "Merger") in accordance with Section 251(h) of the General Corporation Law of the State of Delaware without a vote of Aimmune's stockholders, with Aimmune continuing as the surviving corporation. Nestle picked my Best Stocks pick up for a steal, but I believe the decade of biotechnology is just now getting started. Up-Dosing and Maintenance may be continued in patients 4 years of age and older.PALFORZIA is to be used in conjunction with a peanut-avoidant diet.Limitations of Use: Not indicated for the emergency treatment of allergic reactions, including anaphylaxis.IMPORTANT SAFETY INFORMATIONBoxed WARNING:PALFORZIA can cause anaphylaxis, which may be life threatening and can occur at any time during PALFORZIA therapy.Prescribe injectable epinephrine, instruct and train patients on its appropriate use, and instruct patients to seek immediate medical care upon its use.Do not administer PALFORZIA to patients with uncontrolled asthma.Dose modifications may be necessary following an anaphylactic reaction.Observe patients during and after administration of the Initial Dose Escalation and the first dose of each Up-Dosing level, for at least 60 minutes.PALFORZIA is available only through a restricted program called the PALFORZIA REMS.CONTRAINDICATIONSPALFORZIA is contraindicated in patients with uncontrolled asthma, or with a history of eosinophilic esophagitis and other eosinophilic gastrointestinal disease.WARNINGS AND PRECAUTIONSAnaphylaxisPALFORZIA can cause anaphylaxis, which may be life threatening.

Nestle provides nutrition, health, and wellness products under various brands worldwide. The Fool has written over 100 articles on Nestle.


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