Nestle takes step toward customizable vitamins

June 27, 2014 Leave a comment

Nestle takes step toward customizable vitamins

11:15am EDT

LONDON (Reuters) – Nestle said on Monday it was working on a new research project that could one day lead to the development of made-to-measure vitamin combinations tailored to an individual’s needs.

Nestle, the world’s largest food group, said its Institute of Health Sciences was working with Waters Corp to develop tests that would efficiently measure the amount of vitamins in body fluids such as blood or urine.

Such tests would then be used to build a picture of a person’s nutrient status and to offer supplements tailored to certain needs.

According to a report by Bloomberg, the company could eventually offer such supplements through a device similar to its Nespresso coffee machine, though that could take years to develop.

Aside from the popular Nespresso, Nestle has smaller dispensing systems — Special T is for individual cups of tea, while BabyNes is for baby formula.

Nestle has recently been putting more focus on its health sciences business, which is growing faster and has higher margins than its traditional food businesses.

 

Filed under Innovation

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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