Skip to main content

Posts

Showing posts from February 22, 2011

Nestlé Challenges Drugs Industry

Nestlé Challenges Drugs Industry " Nestle I have to link concept from strategic management and accounting decision making, in other words, theory to accounting. Effect " FT.com / Companies / Food & Beverage – Nestlé to take on drugs industry: The Financial Times reports; Nestlé is challenging the global drugs industry with plans to invest 500m Swiss Francs (0m) over the next decade to support the creation of a standalone health science business to tackle obesity and chronic disease. The Swiss food group, which announced the move on Monday, appointed Luis Cantarell, one of its most experienced executives, to “pioneer a new industry between food and pharma” that will develop products to combat diabetes, heart problems and Alzheimer’s. Yvonne Bishop-Weston Nutritionist , London said today “This comes as no surprise to me, it was long overdue and only a matter of time before someone like Nestle spotted a new awareness about the link between nutrit...