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Nestle buys Allergan's Zenpep to expand in medical nutrition

Nestle said it is buying Zenpep to expand in medical nutrition with a product for people who cannot digest food properly because their pancreas does not provide enough enzymes to break down fat, protein and carbohydrates

January 27, 2020 / 12:30 PM IST

Nestle on January 27 said it is buying Allergan's Zenpep to expand in medical nutrition with a product for people who cannot digest food properly because their pancreas does not provide enough enzymes to break down fat, protein, and carbohydrates.

Zenpep had sales of $237 million in 2018.

"This is a significant opportunity for our business in the United States to add a complementary product to our existing range of nutrition products that support food ingestion, digestion and absorption," Greg Behar, head of Nestle Health Science, said in a statement.
Reuters
first published: Jan 27, 2020 12:25 pm

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