Via Lactia is a research company owned by Fonterra. They are, to the best of my knowledge, well respected in New Zealand Biotech, doing some good science. The news then, that they are losing 18 science positions is not ... encouraging. Rather than generating ideas themselves, they will apparently be looking for science done overseas and using that to advance their interests in New Zealand.
New Zealand has abysmally low levels of research done by industry in the first place. And now Fonterra, one of our largest companies is apparently no longer willing to support basic research into their own industry which is just depressing.