ARTICLE | Financial News
Flagship partners with AstraZeneca, Nestle, Bayer
May 6, 2015 1:15 AM UTC
Flagship Ventures announced partnerships with AstraZeneca plc (LSE:AZN; NYSE:AZN), the Nestle Health Science subsidiary of Nestle SA (SIX:NESN) and the Bayer CropScience subsidiary of Bayer AG (Xetra:BAYN) to develop innovations that lead to newcos. The newcos will be part of Flagship's VentureLabs unit (see BioCentury, Aug. 18, 2014).
The three strategic investors will collaborate with resulting newcos, and may invest in, partner with or acquire them. ...