For a child suffering from severe malnutrition, eating a fortified peanut paste can tilt the odds toward survival. In Haiti, where numbers of poorly nourished children have spiked since the 2010 earthquake, quantities of this lifesaving potion are about to increase dramatically through a nonprofit-corporate initiative that also will help fill a hunger for local jobs.

Partners in Health (PIH) co-founder Paul Farmer says his organization’s partnership with Abbott Laboratories, the global...

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