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How Lawmakers Want To Stop Cronobacter Outbreaks That Spurred Baby Formula Shortage Last Year
Tuesday, August 29, 2023 - 1:20pm | 485Under bipartisan Congressional legislation, baby formula manufacturers must notify the U.S. Food and Drug Administration (FDA) within 24 hours about product contamination in various circumstances to prevent and quickly halt any future outbreaks of cronobacter bacteria that resulted...
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Baby Formula From Europe Arrives In US: Enough For 9,000 Babies For A Week
Monday, May 23, 2022 - 4:58pm | 314The first shipment of baby formula from Europe arrived by military aircraft in Indiana on Sunday. What Happened: The shipment of 78,000 pounds of formula was delivered to the U.S. after President Joe Biden gave authorization for the importation of formula from foreign countries. The critical...
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'Mother Like' Kim Jong-Un Personally Tastes Baby Formula To Ensure Quality: North Korea Mocks US Shortages
Tuesday, May 17, 2022 - 5:42am | 445Taking a dig at the U.S. formula shortages, a bizarre news article from North Korean state media randomly claimed that Kim Jong Un personally oversaw the perfection of the nation's baby formula recipe. What Happened: According to an English translation of a Voice of Korea article via KCNA...
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Abbott Spent $5B On Stock Buybacks Instead Of Fixing Its Baby Formula Factory
Monday, May 16, 2022 - 5:39pm | 563The fear of not knowing where your child’s next meal comes from is something that no parent should face. But, because of a recall of Abbott Laboratories’ (NYSE: ABT) Similac and other popular baby formula brands, stores throughout the nation are limiting how much formula parents can buy...
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Mead Johnson Details New Production Expansion In China
Monday, March 28, 2016 - 9:01am | 213Mead Johnson Nutrition CO (NYSE: MJN) announced on Monday that it plans on launching its new Enfinitas premium-priced product line in China. Mead Johnson stated that it will begin rolling out its new product line "over the coming weeks." The company added that its product is customized for the...
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Synutra Sets Up Committee To Evaluate Going Private Proposal
Friday, February 5, 2016 - 2:40pm | 136Synutra International, Inc. (NASDAQ: SYUT), an infant formula company based in China, announced on Friday that its Board of Directors has set up an independent committee to evaluate a proposal from the company's Chairman and CEO, Liang Zhang, to acquire the entire company and take it private...
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Beetles in Baby Formula Doesn't Hurt Abbott Shares? (ABT)
Thursday, September 23, 2010 - 12:37pm | 211Abbott Nutrition is initiating a proactive, voluntary recall of certain Similac-brand, powder infant formulas in the U.S., Puerto Rico, Guam and some countries in the Caribbean. Abbott is recalling these products following an internal quality review, which detected the remote possibility of the...