Avesthagen Gengraine ties up with Nestle
A joint research programme to create a new line of food products, exclusively developed to promote health.
03/05/05 Indian based Avestha Gengraine Technologies and Nestle Nutrition, a unit of Nestle SA have struck a three year research deal, Villoo Morawalla Patell, the Bangalore-based biotech research firm’s chief executive officer said on Friday.
The collaboration could yield new technologies to be “ready for incorporation into Nestle’s product portfolio by early 2006,” Patell said.
Avesthagen will validate the role of nutritional bioactives in foods, validate new technologies and develop delivery mechanisms for the immense body of knowledge that exists within traditional Indian medicine, she said.
The joint research programme will create a new line of food products, “exclusively developed to promote health”, targetted at the lifestyle-induced diseases segment such as diabetes and heart disease.
The firms will use knowledge of traditional Ayurveda delivered via. modern technologies for consumers worldwide.
http://www.avesthagen.com/press/30_apr_2005bs.html
