Nestlé announced the strengthening of its R&D expertise in biotechnology and the creation of a new center for deep tech, to boost its innovation pipeline and increase efficiency in research, innovation and operations. The investments will be unlocked by a leaner R&D organization, more agile ways of working, a focused project portfolio and the redeployment of existing R&D resources.
Laurent Freixe, CEO of Nestlé S.A. said: “These new capabilities in bio tech and deep tech will fuel growth by meeting changing consumer needs and accelerating the digital transformation of Nestlé. This is about putting the Nestlé Virtuous Circle in action: unlocking investment through efficiencies to drive more focused and impactful innovation and growth.”
Enhanced R&D expertise in cutting-edge biotechnology and clinical research will lead to new nutritional solutions.