Pharma Deals Review, Vol 2007, No 80 (2007)

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Novartis to Divest Medical Nutrition Business Unit to Nestlé

Business Review Editor

Abstract


Novartis signed a definitive agreement to divest its Medical Nutrition business unit to Nestle for US$2.525 B. Medical Nutrition a business unit of the Novartis Consumer Health Division is a supplier of enteral nutrition, oral nutrition and medical devices.

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