Stock Market News

Baby formula shortage could ease as Abbott reopens Michigan plant

2022.06.04 19:15

Baby formula shortage could ease as Abbott reopens Michigan plant
FILE PHOTO: The Abbott Laboratories facility where dozens of recalled types of powdered baby formulas were made leading to production being halted at the location in Sturgis, Michigan, U.S., May 20, 2022. Picture taken with a drone. REUTERS/Eric Cox

(Reuters) -Abbott Laboratories said on Saturday that it has reopened its baby formula production plant in Sturgis, Michigan, taking a step toward alleviating an acute nationwide shortage that has sent parents scrambling for supplies.

The company said it will begin production of EleCare and other specialty and metabolic formulas, with initial EleCare product release to consumers beginning on or about June 20.

The FDA said on May 19 that the plant was on track to open within one or two weeks.

The plant shutdown and a recall of infant formula had deepened a supply shortage in a nation where, according to federal data from 2020, less than half of babies were exclusively breast-fed through their first three months.

Abbott started a recall in February after reports of bacterial infections in children who had consumed the formula made at the plant.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 79,179.21 7.96%
ethereum
Ethereum (ETH) $ 2,121.21 9.80%
tether
Tether (USDT) $ 0.999304 0.01%
xrp
XRP (XRP) $ 2.01 9.15%
bnb
BNB (BNB) $ 571.88 7.04%
solana
Solana (SOL) $ 131.22 6.04%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.186065 10.67%
cardano
Cardano (ADA) $ 0.596641 10.49%
staked-ether
Lido Staked Ether (STETH) $ 2,115.77 10.03%
tron
TRON (TRX) $ 0.220093 3.70%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 78,998.17 8.15%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,525.84 10.27%
litecoin
Litecoin (LTC) $ 117.76 8.76%
chainlink
Chainlink (LINK) $ 13.79 11.19%
avalanche-2
Avalanche (AVAX) $ 20.98 8.67%
leo-token
LEO Token (LEO) $ 9.14 1.12%
sui
Sui (SUI) $ 2.62 9.79%
the-open-network
Toncoin (TON) $ 3.21 7.63%
stellar
Stellar (XLM) $ 0.2597 10.13%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 9.51%
usds
USDS (USDS) $ 1.00 0.00%
hedera-hashgraph
Hedera (HBAR) $ 0.184478 7.81%
mantra-dao
MANTRA (OM) $ 7.15 2.70%
polkadot
Polkadot (DOT) $ 4.57 8.67%
hyperliquid
Hyperliquid (HYPE) $ 19.25 7.13%
weth
WETH (WETH) $ 2,117.72 9.92%
ethena-usde
Ethena USDe (USDE) $ 0.999289 0.01%
bitcoin-cash
Bitcoin Cash (BCH) $ 278.57 7.23%
bitget-token
Bitget Token (BGB) $ 3.76 8.36%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,241.09 10.26%
uniswap
Uniswap (UNI) $ 7.19 11.88%
monero
Monero (XMR) $ 210.22 1.51%
whitebit
WhiteBIT Coin (WBT) $ 25.65 2.80%
aptos
Aptos (APT) $ 5.76 6.79%
near
NEAR Protocol (NEAR) $ 2.84 7.92%
dai
Dai (DAI) $ 0.999722 0.01%
pepe
Pepe (PEPE) $ 0.000007 11.58%
internet-computer
Internet Computer (ICP) $ 6.15 7.86%
susds
sUSDS (SUSDS) $ 1.04 0.10%
ondo-finance
Ondo (ONDO) $ 0.905993 9.33%
ethereum-classic
Ethereum Classic (ETC) $ 18.24 3.70%
aave
Aave (AAVE) $ 181.68 12.35%
bittensor
Bittensor (TAO) $ 306.90 16.23%
okb
OKB (OKB) $ 42.41 7.06%
gatechain-token
Gate (GT) $ 19.96 7.43%
mantle
Mantle (MNT) $ 0.698204 8.07%
tokenize-xchange
Tokenize Xchange (TKX) $ 29.12 3.75%
official-trump
Official Trump (TRUMP) $ 11.34 13.74%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 79,236.23 7.84%