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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/02/nestle-snaps-up-medical-gum-firm.jpg"><img class="alignnone size-full" title="Kit Kat maker Nestle has acquired a British pharmaceuticals company which makes a chewing gum for kidney disease sufferers" src="http://londonglossy.com/wp-content/uploads/2011/02/min-nestle-snaps-up-medical-gum-firm.jpg" alt="Kit Kat maker Nestle has acquired a British pharmaceuticals company which makes a chewing gum for kidney disease sufferers"/></a></p>
<p>A British pharmaceuticals firm behind an innovative new chewing gum to help kidney disease sufferers has been snapped up by Swiss food giant Nestle.</p>
<p>Nestle has bought London-based CM&#038;D Pharma for an undisclosed sum to add to its fledgling division specialising in science-based nutritional treatments, called Nestle Health Science.</p>
<p>CM&#038;D Pharma makes products including Fostrap gum for patients with chronic kidney disease, which is currently in late-stage trials.</p>
<p>The firm was founded in 2007 by president Danilo Casadei Massari, with chief executive Stephen Appelbee joining soon after to help grow the company.</p>
<p>It focuses on developing products for the dietary management of widespread conditions.</p>
<p>Fostrap &#8211; its lead product &#8211; works by helping remove high levels of phosphate from kidney disease patients, collected in the saliva as they chew the gum.</p>
<p>CM&#038;D also makes products for those with intestinal pain and also a colon protector to help prevent colon cancer.</p>
<p>The firm was previously backed financially by venture capital firm Inventages Group, in which Nestle invests.</p>
<p>The takeover comes just a month after Nestle launched its Nestle Health Science division.</p>
<p>Luis Cantarell, president and chief executive of Nestle Health Science, said: &#8220;This acquisition is an excellent fit with Nestle Health Sciences strategic goal of being a pioneer in the promising area of science-based nutrition.&#8221;</p>
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