Nestlé Health Science agrees to acquire IM HealthScience
Nestlé Health Science, a globally recognized leader in the field of nutritional science, has agreed to acquire the business of IM HealthScience with its brands of IBgard®, FDgard®, Fiber Choice® and REMfresh®.
“The IMH products offer proven and trusted solutions for dietary management of specific digestive problems as well as a separate solution for regulating sleep,” said Greg Behar, CEO of Nestlé Health Science. “IMH’s dedication to developing products to address overall health and wellness by bringing cutting-edge life science and world class research fits perfectly with our mission of empowering healthier lives through nutrition.”
IMH is the innovator of IBgard® and FDgard® for the dietary management of IBS (Irritable Bowel Syndrome) and FD (Functional Dyspepsia), respectively. In 2017, IMH added Fiber Choice®, a line of prebiotic fibers, to its product line via an acquisition. REMfresh® is a continuous release-and-absorption melatonin (CRA-melatonin) supplement for sleep.
“Science, patents and meaningful differentiation has enabled our company to grow at several times faster than the market” said Fred Hassan, chairman and founder of IM HealthScience. “IBgard, FDgard and Fiber Choice have become the number one recommended by gastroenterologists in their own segments and REMfresh is the number one sleep aid recommended by sleep specialists. The high repeat purchase rates of our four brands attest to the high patient satisfaction. We are glad that our brands have helped millions and now, under Nestlé Health Science’s able hand, millions more will benefit around the world. We are confident that under the dynamic leadership of Greg Behar, our products will keep thriving and growing.”
IBgard, FDgard, Fiber Choice and REMfresh are available for purchase online and at retailers in the United States and Canada.
About Nestlé Health Science (NHSc)
Nestlé Health Science (NHSc), a wholly owned subsidiary of Nestlé, is a globally recognized leader in the field of nutritional science. At NHSc we are committed to empowering healthier lives through nutrition for consumers, patients and their healthcare partners. We offer an extensive consumer health portfolio of industry-leading medical nutrition, consumer and VMS brands that are science-based solutions covering all facets of health from prevention, to maintenance, all the way through to treatment. NHSc is redefining the way we approach the management of health in several key areas such as pediatric health, allergy, acute care, oncology, metabolic health, healthy aging, gastrointestinal health, and inborn errors of metabolism. Headquartered in Switzerland, NHSc employs over 5,000 people around the world, who are committed to making a difference in people’s lives, for a healthier today and tomorrow.
About IM HealthScience
IM HealthScience (IMH) is a privately held company based in Boca Raton, Florida. It was founded in 2013 by a team of highly experienced pharmaceutical research and development and management executives. The company is dedicated to developing products to address overall health and wellness including conditions with a high unmet medical needs.