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Chi-Med and Nestlé Form JV to Develop Chi-Med’s Lead Drug Candidate

Nov. 27, 2012

Hutchison Chi-Med and Nestlé announced the formation of a major new JV named Nutrition Science Partners Limited (NSP).
NSP will research, develop, manufacture and market innovative nutritional products and medicines derived from botanical plants.
The new partnership will give Nestlé access to one of the world’s leading Traditional Chinese Medicine libraries.
NSP will focus on gastrointestinal health and may in the future expand into the metabolic disease and brain health areas.