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News Breaks
January 8, 2014
05:20 EDTICEL, NSRGYCellular Dynamics signs supply agreement with NIHS, terms not disclosed
Cellular Dynamics (ICEL) announced signing a long-term supply agreement with the Nestle (NSRGY) Institute of Health Sciences SA, or NIHS. Terms of the agreement were not disclosed. Bob Palay, Cellular Dynamics CEO, said, "The ongoing work and this long-term supply agreement with NIHS demonstrate the utility and broad applicability of our iCell and MyCell Products. Our customers already benefit from a reliable supply of human iPSCs and human differentiated cells for their biomedical research and drug discovery. This supply agreement with NIHS adds nutritional research as yet another field that will benefit from CDI's products and expertise."
News For ICEL;NSRGY From The Last 14 Days
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August 30, 2015
18:54 EDTNSRGYNestle responds to 'slave labor' claims, AP says
In the wake of a U.S. class action lawsuit alleging that Nestle knowingly relied upon slave labor, the company commented that "forced labor has no place in our supply chain," reports the Associated Press, citing an emailed statement from Nestle. The Associated Press notes that Nestle's email didn't outright deny the claims. Reference Link

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