Stock Market News

Abbott expects to start shipping EleCare infant formula next week

2022.07.16 04:35

Abbott expects to start shipping EleCare infant formula next week
Abbott expects to start shipping EleCare infant formula next week

Budrigannews.com – Abbott Laboratories (NYSE:ABT) said on Friday it expects to begin releasing EleCare formula next week from its recently reopened Sturgis plant, which has been at the center of a baby formula shortage in the United States.

The company had shut down the plant in February and recalled its infant formula, including Similac and EleCare, after reports of bacterial infections in babies who had consumed products made at the facility.

Abbott briefly reopened this plant early last month, but had to shut it down after about two weeks due to thunderstorms and heavy rains.

The company is initially manufacturing EleCare and is working to restart the production of Similac.

EleCare formula is meant for children and babies who cannot tolerate intact protein or may have protein allergies.

Abbott said it is also extending the rebates offered on its products until Sept. 30, in states where the company holds the contract when Similac is unavailable.

 

Abbott expects to start shipping EleCare infant formula next week

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 98,576.41 0.12%
ethereum
Ethereum (ETH) $ 3,429.60 2.49%
tether
Tether (USDT) $ 1.00 0.06%
solana
Solana (SOL) $ 257.17 0.62%
bnb
BNB (BNB) $ 670.77 0.62%
xrp
XRP (XRP) $ 1.47 5.17%
dogecoin
Dogecoin (DOGE) $ 0.438343 4.96%
usd-coin
USDC (USDC) $ 1.00 0.11%
cardano
Cardano (ADA) $ 1.07 2.09%
staked-ether
Lido Staked Ether (STETH) $ 3,427.58 2.44%
tron
TRON (TRX) $ 0.216641 3.51%
stellar
Stellar (XLM) $ 0.585075 34.46%
avalanche-2
Avalanche (AVAX) $ 42.36 1.62%
the-open-network
Toncoin (TON) $ 6.44 14.08%
shiba-inu
Shiba Inu (SHIB) $ 0.000027 0.44%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,063.50 2.54%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,241.32 0.17%
polkadot
Polkadot (DOT) $ 9.10 18.83%
chainlink
Chainlink (LINK) $ 17.80 4.87%
bitcoin-cash
Bitcoin Cash (BCH) $ 513.41 3.22%
weth
WETH (WETH) $ 3,432.31 2.63%
sui
Sui (SUI) $ 3.47 4.36%
pepe
Pepe (PEPE) $ 0.000021 1.78%
near
NEAR Protocol (NEAR) $ 6.67 4.37%
leo-token
LEO Token (LEO) $ 8.68 0.95%
litecoin
Litecoin (LTC) $ 101.82 0.22%
aptos
Aptos (APT) $ 12.95 1.43%
uniswap
Uniswap (UNI) $ 11.12 6.01%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,612.89 2.56%
hedera-hashgraph
Hedera (HBAR) $ 0.152347 1.71%
internet-computer
Internet Computer (ICP) $ 11.70 5.02%
crypto-com-chain
Cronos (CRO) $ 0.198212 3.50%
usds
USDS (USDS) $ 1.00 0.52%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.580002 7.27%
ethereum-classic
Ethereum Classic (ETC) $ 30.29 2.84%
render-token
Render (RENDER) $ 8.10 2.13%
bittensor
Bittensor (TAO) $ 543.11 1.70%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.52 12.48%
kaspa
Kaspa (KAS) $ 0.155344 3.32%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.15%
arbitrum
Arbitrum (ARB) $ 0.886909 7.17%
whitebit
WhiteBIT Coin (WBT) $ 24.76 0.61%
bonk
Bonk (BONK) $ 0.000047 4.80%
filecoin
Filecoin (FIL) $ 5.93 14.42%
vechain
VeChain (VET) $ 0.043951 2.84%
cosmos
Cosmos Hub (ATOM) $ 9.04 13.24%
dai
Dai (DAI) $ 1.00 0.13%
mantra-dao
MANTRA (OM) $ 3.84 1.54%
dogwifcoin
dogwifhat (WIF) $ 3.30 2.36%
okb
OKB (OKB) $ 54.24 9.07%