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Nestlé Pakistan Ltd. engages in the manufacturing, processing, and sale of dairy, nutrition, beverages, and food products. Copyright © 2020 MarketWatch, Inc. All rights reserved. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Earnings Announcement for Period Ending Y/2020. Create a list of the investments you want to track. Aimmune common stock has ceased to be traded on the NASDAQ Global Market.INDICATIONIn the US, PALFORZIA is an oral immunotherapy indicated for the mitigation of allergic reactions, including anaphylaxis, that may occur with accidental exposure to peanut. PALFORZIA is approved for use in patients with a confirmed diagnosis of peanut allergy. The minimum tender condition and all of the other conditions to the offer were satisfied and on October 13, 2020, Nestlé through a wholly owned subsidiary (Purchaser), accepted for payment all shares validly tendered and not properly withdrawn.Following its acceptance of the tendered shares, Nestlé caused Purchaser to merge with Aimmune. Find the latest NESTLE SA (NSRGY) stock quote, history, news and other vital information to help you with your stock trading and investing. Subscribe to Premium to view Fair Value for NSRGY, Vevey, October 14, 2020 Nestlé completes acquisition of Aimmune TherapeuticsNestlé announced today the successful completion of its acquisition of Aimmune Therapeutics, Inc. (Nasdaq: AIMT). Visit a quote page and your recently viewed tickers will be displayed here. As a result of the merger, all Aimmune shares not purchased in the tender offer (other than (i) shares owned by Nestlé or Purchaser, (ii) shares held by Aimmune and (iii) shares as to which the holder thereof has properly exercised appraisal rights under Delaware law) were converted into the right to receive the same US$34.50 per share in cash (without interest and subject to applicable withholding taxes) that would have been paid had such shares been purchased in the tender offer. If possible, adjust the time of dosing to avoid these cofactors. All rights reserved. Copyright 2019© FactSet Research Systems Inc. All rights reserved. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. International stock quotes are delayed as per exchange requirements. Oxtoby was previously Aimmune's Chief Commercial Officer.The development program for Aimmune -- which consists of the potential use of PALFORZIA in toddlers and adults, multiple clinical development programs in other allergies, and the development of the monoclonal antibody AlMab7195 -- will proceed as planned.PALFORZIA [Peanut (Arachis hypogaea) Allergen Powder-dnfp] was approved by the U.S. Food and Drug Administration (FDA) in January 2020 as an oral immunotherapy for the mitigation of allergic reactions, including anaphylaxis, that may occur with accidental exposure to peanut in patients aged 4 through 17 years with a confirmed diagnosis of peanut allergy. If it is not possible to avoid these cofactors, consider withholding PALFORZIA temporarily.AsthmaUncontrolled asthma is a risk factor for a serious outcome, including death, in anaphylaxis. Aimmune's pharmaceutical expertise and infrastructure will complement our existing research and development to further drive growth globally. At NHSc we are committed to empowering healthier lives through nutrition for consumers, patients and their healthcare partners. Have Watchlists? In Europe, Aimmune's marketing authorization application for AR101 is under review with the European Medicines Agency (EMA), with a decision anticipated in 2020. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. "Aimmune will continue to be run from Brisbane, California. The Company's Characterized Oral Desensitization ImmunoTherapy (CODIT™) approach is intended to provide meaningful levels of protection against allergic reactions resulting from accidental exposure to food allergens by desensitizing patients with defined, precise amounts of key allergens. Nestlé is the world's largest food & beverage company. Aimmune has one FDA-approved medicine for peanut allergy and other investigational therapies in development to treat other food allergies. "Aimmune's PALFORZIA®, the first medication approved for treating peanut allergy, is a game-changer and it's only the beginning. : +41 79 598 1163 jacquelyn.campo@nestle.com Investors: Luca Borlini Tel. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Sorry, no quarterly data is available at this time. AIMT's stock fell precipitously amid the COVID-19 pandemic, despite receiving FDA approval for its Palforzia treatment (the first FDA approved treatment for peanut allergies). All quotes are in local exchange time. Find the latest historical data for Nestle S.A Reg Ord (NSRGF) at Nasdaq.com ... Get up to 10 years of daily historical stock prices & volumes. © 2020 Verizon Media. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Real time Nestle (NSRGY) stock price quote, stock graph, news & analysis. www.nestlehealthscience.comAbout Aimmune Aimmune Therapeutics, Inc. is a biopharmaceutical company that aspires to become the global leader in developing curative therapies and solutions for patients with food allergies. For the best MarketWatch.com experience, please update to a modern browser. Other potential cofactors may include menstruation, sleep deprivation, nonsteroidal anti-inflammatory drug use, or uncontrolled asthma. NSRGY earnings call for the period ending December 31, 2019. The global food company will change its burger's name while appealing the decision. Vevey, October 13, 2020 Nestlé announces results of tender offer for Aimmune Therapeutics, Inc.Société des Produits Nestlé S.A. ("Nestlé") today announced the results of the tender offer by its wholly-owned subsidiary, SPN MergerSub, Inc. ("Purchaser"), to purchase all of the outstanding shares ("Shares") of common stock of Aimmune Therapeutics, Inc. (Nasdaq: AIMT) ("Aimmune"), other than any Shares held by Nestlé and its affiliates, for a price of USD 34.50 per Share (the "Offer Price"), net to the seller thereof in cash, without interest and subject to any withholding taxes (the "Offer"), which was made upon the terms and subject to the conditions set forth in the Offer to Purchase (the "Offer to Purchase") and related Letter of Transmittal. If a stock is valued near, or slightly below the market average, research has shown that the market expects the stock’s dividend to increase. The Swiss food-and-beverage conglomerate said its wholly-owned subsidiary SPN MergerSub had purchased around 43.4 million shares via a tender offer at a price of $34.50 per share. A Swiss Agency for Therapeutic Products (SwissMedic) review of AR101 also is ongoing, with a decision expected in 2021.The previously announced tender offer for all of the outstanding shares of Aimmune common stock, other than shares held by Nestlé and its affiliates, for a price of US$34.50 per share in cash expired as scheduled at midnight, Eastern Time, on October 9, 2020. Joining Nestlé Health Science (NHSc) as a stand-alone business unit called Aimmune Therapeutics, a Nestlé Health Science company, it will manage NHSc's global pharmaceutical business. This browser is no longer supported at MarketWatch. Headquartered in Switzerland, NHSc employs over 5,000 people around the world who are committed to making a difference in people's lives, for a healthier today and tomorrow. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Including shares it already held, Nestle controlled around 84% of the outstanding shares as of the $34.50 per share offer's expiration date. : +41 21 924 3509 ir@nestle.com, Discover new investment ideas by accessing unbiased, in-depth investment research, Swiss - Swiss Delayed Price. Oh, right: It still is. Ensure patients with asthma have their asthma under control prior to initiation of PALFORZIA.PALFORZIA should be temporarily withheld if the patient is experiencing an acute asthma exacerbation. * * * Contacts: Media: Christoph Meier Tel. Nestle picked my Best Stocks pick up for a steal, but I believe the decade of biotechnology is just now getting started. Words or phrases such as "believe," "may," "could," "will," "estimate," "continue," "anticipate," "intend," "seek," "plan," "expect," "should," "would" or similar expressions are intended to identify forward-looking statements. Initial Dose Escalation may be administered to patients aged 4 through 17 years. Subscriber Agreement & Terms of Use, Nestle SA said Tuesday that it has bought a number of shares in Aimmune Therapeutics Inc., taking its holding in the pharmaceutical company to 84%. The Powdered and Liquid Beverages segment consists of juices, drinking water, and powdered drinks. NESTLE | Complete Nestle Pakistan Ltd. stock news by MarketWatch. It's a triple play that could take the faux-meat maker out of the inning. The minimum tender condition and all of the other conditions to the offer were satisfied and on October 13, 2020, Nestlé through a wholly owned subsidiary (Purchaser), accepted for payment all shares validly tendered and not properly withdrawn.Following its acceptance of the tendered shares, Nestlé caused Purchaser to merge with Aimmune. When autocomplete results are available use up and down arrows to review and enter to select. Headquartered in Switzerland, NHSc employs over 5,000 people around the world who are committed to making a difference in people’s lives, for a healthier today and tomorrow. The Fool has written over 100 articles on Nestle. Promptly following the closing of the Merger, Aimmune shall cause the shares of Aimmune Common Stock to be delisted from the NASDAQ Global Select Market and … All rights reserved. The Dairy and Nutrition Products segment includes milk based products and cereals. Intraday Data provided by FACTSET and subject to terms of use. The company was founded in 1988 and is headquartered in Lahore, Pakistan. Up-Dosing and Maintenance may be continued in patients 4 years of age and older.PALFORZIA is to be used in conjunction with a peanut-avoidant diet.Limitations of Use: Not indicated for the emergency treatment of allergic reactions, including anaphylaxis.IMPORTANT SAFETY INFORMATIONBoxed WARNING:PALFORZIA can cause anaphylaxis, which may be life threatening and can occur at any time during PALFORZIA therapy.Prescribe injectable epinephrine, instruct and train patients on its appropriate use, and instruct patients to seek immediate medical care upon its use.Do not administer PALFORZIA to patients with uncontrolled asthma.Dose modifications may be necessary following an anaphylactic reaction.Observe patients during and after administration of the Initial Dose Escalation and the first dose of each Up-Dosing level, for at least 60 minutes.PALFORZIA is available only through a restricted program called the PALFORZIA REMS.CONTRAINDICATIONSPALFORZIA is contraindicated in patients with uncontrolled asthma, or with a history of eosinophilic esophagitis and other eosinophilic gastrointestinal disease.WARNINGS AND PRECAUTIONSAnaphylaxisPALFORZIA can cause anaphylaxis, which may be life threatening.

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