Avesthagen and Nestlé partner for research collaboration
June 13, 2005 | Monday | News
Nestlé Nutrition, a unit of Nestlé SA the world's largest food and
beverage company, and Bangalore-based Avesthagen have agreed on a research and
development program. The program aims to validate the role of nutritional
bioactives in foods through research.
The collaboration brings together a world-leader in Food
(Nestle) with a technology development company (Avesthagen) to validate using
new technologies and to develop a delivery mechanism for the immense body of
knowledge that exists within traditional Indian medicine. The outcome will be a
new line of food products that are exclusively developed to promote health,
backed by the quality and assurance of Nestle.
Dr Villoo Morawala-Patell, founder & CEO, Avesthagen
said, "We are very excited about our collaboration with Nestle and look
forward to a mutually productive relationship between our two companies. The
development program signifies Nestle's confidence in our research capabilities
and the validation of our Food for Medicine Research efforts at Avesthagen."
