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Nestle Health Science

Company Profile Analysis

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Nestle Health Science - Healthcare showcase

Year Founded & Workforce

1905

328,000 Employees

Industry

Healthcare

Services

Diagnostic Test
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Nestle Health Science Overview

Company Headquarters: Vevey, Switzerland

Founded: 1905

Workforce: 328,000 + employees (2017)

Company Working: The company is focusing on developing the world's best products and services for all stages of life helping people and their families. The company produces approximately a billion science-based nutritional solutions per year which are available through retail and pharmacy outlets or recommended by healthcare professionals in institutions, which addresses a spectrum of health conditions from pediatric allergy to malnutrition amongst the frail elderly.

Strategy

The company is focusing on research and development for introducing advanced productsThe company is entering into mergers and acquisitions to expand its product portfolio

Company Snapshot

$88,696M

Revenue

328,000

Employees

1905

Founded

Vevey, Switzerland

Headquarters

SWOT Analysis

Strengths

  • Trusted brand
  • Strong market penetration
  • Diverse product portfolio including cancer, cardiovascular, infection, neuroscience, respiratory, and inflammation medicines
  • High skilled workforce

Weaknesses

  • Product recalls may hamper the company’s image
  • Legal issues related to patents

Opportunities

  • Increase in revenue from emerging countries
  • Enhance products offering through strategic collaborations and acquisitions

Threats

  • Business is affected by current rate fluctuations
  • Changing political landscape

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Key Developments

DateApproachDevelopment
–LaunchPrometheus Laboratories Inc., a Nestlé Health Science company, announced the launch of IBcause, an all-in-one convenient test that evaluates an exclusive blend of 20 stool and serum measures all at a time.

Product Offering

  • Nestle Health Science
    • Diagnostic Test

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales fell from USD 88,696 Mn in 2015 to USD 87,687 Mn in 2017.
Nestle Health Science — By Business Segment
Series (USD Mn)201520162017
Sales88,69687,28787,687
R&D Expenditure1,676.41,693.41,701.1

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