Stock Market News

U.S. FDA expands collaboration with Danone to boost baby formula supply

2022.05.27 01:12

2/2
U.S. FDA expands collaboration with Danone to boost baby formula supply
FILE PHOTO: French food group Danone logo is seen at the company headquarters in Rueil-Malmaison near Paris, France, February 18, 2021. REUTERS/Gonzalo Fuentes/File Photo/File Photo

2/2

(Reuters) – The U.S. Food and Drug Administration said on Thursday it has expanded its collaboration with Danone’s Nutricia business to boost supplies of specialized medical baby formula bottles to address its shortage among infants with certain allergies or critical health conditions.

The health regulator said about 5 million additional cans manufactured by Danone would be sent to the United States.

Meanwhile, lawmakers grilled the agency officials on Wednesday over what they saw as a lack of urgency in their response to complaints about possible baby formula contamination at a now shuttered Abbott Laboratories (NYSE:ABT) plant that led to severe nationwide shortages.

Abbott controlled 40% of the market before the plant closed, Christopher Calamari, president of Abbott U.S. nutrition, told lawmakers, and the plant accounted for 40% of Abbott’s product.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 95,584.61 0.35%
ethereum
Ethereum (ETH) $ 2,670.18 2.77%
xrp
XRP (XRP) $ 2.56 3.84%
tether
Tether (USDT) $ 0.999661 0.05%
bnb
BNB (BNB) $ 647.68 3.04%
solana
Solana (SOL) $ 169.33 4.69%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.251102 2.87%
cardano
Cardano (ADA) $ 0.751698 7.18%
staked-ether
Lido Staked Ether (STETH) $ 2,668.61 2.92%
tron
TRON (TRX) $ 0.239634 0.48%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,283.53 0.57%
chainlink
Chainlink (LINK) $ 17.86 6.69%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,187.87 2.76%
stellar
Stellar (XLM) $ 0.323175 3.31%
litecoin
Litecoin (LTC) $ 129.72 6.06%
avalanche-2
Avalanche (AVAX) $ 23.49 6.26%
sui
Sui (SUI) $ 3.06 5.06%
ugold-inc
UGOLD Inc. (UGOLD) $ 3,038.39 0.08%
the-open-network
Toncoin (TON) $ 3.67 2.46%
leo-token
LEO Token (LEO) $ 9.78 0.24%
usds
USDS (USDS) $ 1.00 0.03%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 3.42%
hedera-hashgraph
Hedera (HBAR) $ 0.206898 2.72%
hyperliquid
Hyperliquid (HYPE) $ 24.01 5.53%
weth
WETH (WETH) $ 2,668.77 2.82%
mantra-dao
MANTRA (OM) $ 7.56 4.56%
polkadot
Polkadot (DOT) $ 4.76 2.66%
bitcoin-cash
Bitcoin Cash (BCH) $ 316.10 2.49%
ethena-usde
Ethena USDe (USDE) $ 0.999258 0.08%
uniswap
Uniswap (UNI) $ 9.61 3.11%
bitget-token
Bitget Token (BGB) $ 4.70 6.91%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,828.61 2.76%
monero
Monero (XMR) $ 237.03 0.75%
whitebit
WhiteBIT Coin (WBT) $ 27.24 0.25%
pepe
Pepe (PEPE) $ 0.000009 8.48%
ondo-finance
Ondo (ONDO) $ 1.20 2.82%
aave
Aave (AAVE) $ 249.20 5.87%
near
NEAR Protocol (NEAR) $ 3.14 4.03%
mantle
Mantle (MNT) $ 1.04 2.46%
susds
sUSDS (SUSDS) $ 1.03 1.29%
dai
Dai (DAI) $ 0.999972 0.01%
aptos
Aptos (APT) $ 5.62 5.00%
official-trump
Official Trump (TRUMP) $ 16.36 4.88%
internet-computer
Internet Computer (ICP) $ 6.76 4.30%
bittensor
Bittensor (TAO) $ 374.60 3.72%
ethereum-classic
Ethereum Classic (ETC) $ 20.17 3.45%
okb
OKB (OKB) $ 49.24 2.57%
gatechain-token
Gate (GT) $ 22.39 3.28%
tokenize-xchange
Tokenize Xchange (TKX) $ 34.41 4.72%