The Agency for Science, Technology and Research (A*STAR) is Singapore’s lead public sector agency that spearheads economic oriented research to advance scientific discovery and develop innovative technology. Through open innovation, we collaborate with our partners in both the public and private sectors to benefit society.
As a Science and Technology Organisation, A*STAR bridges the gap between academia and industry.
Nestlé has extended its strategic innovation partnership with the Singapore Government’s Agency for Science Technology and Research (A*STAR) to provide a new base for Nestlé’s regional centre for research with a strong focus on Healthy Ageing. The Nestlé Research Centre Asia will concentrate on supporting the unmet nutritional needs of Asia’s growing older population. The expansion of the partnership will create an estimated 25 new full time jobs in Singapore over the next 3 to 5 years.
Longer life expectancy and a marked decline in fertility rates have resulted in a rapidly ageing global population, with significant economic, healthcare and societal repercussions. In particular, Asia’s ageing population is expected to reach 1.2 billion and account for 60 per cent of the world’s population of older people by 2050.
The collaboration will also increasingly expand on biotransformation – the use of natural processes, such as fermentation, to transform raw materials into ingredients with nutritional or functional benefits.
Sources:
Agency for Science, Technology and Research (A*STAR)
https://www.a-star.edu.sg/
Nestlé Singapore
http://www.nestle.com/