NestlIndia and Dr. Reddy’s Laboratories announced that they have entered into a definitive agreement to establish a joint venture that will provide innovative nutritional supplement brands to consumers in India and other agreed territories.
The partnership combines Nestor Health Sciences (NHSc)’s world-renowned nutritional health solutions, vitamins, minerals, herbs and supplements with Dr. Reddy’s strong and established commercial strength in India. will be done.
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The joint venture will see the joint venture partners combine their respective strengths to expand their complementary nutraceutical portfolio in categories such as metabolic, hospital nutrition, general health, women’s health and pediatric nutrition for consumers across India. Helpful. The joint venture will be headquartered in Hyderabad. The joint venture will leverage the capabilities and services of NestlGroup and Dr. Reddy’s.
Selected brands are licensed to the joint venture by the joint venture partner. NestlGroup licenses brands such as Nature’s Bounty, Osteo Bi-Flex, Ester-C, Resource High Protein, Optifast, Resource Diabetic, Peptamen, Resource Renal, and Resource Dialysis. Dr. Reddy’s plans to license brands in the nutritional and OTC space such as Rebalanz, Celebida, Antaxis, Kidrich-D3 and Becozinc. The joint venture is expected to begin operations in the second quarter of 2025.
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