Por: CBS News Business February 20, 2023
Abbott Laboratories is facing investigations by the Securities and Exchange Commission and the Federal Trade Commission (FTC) in connection with its formula business, the company revealed in a recent . The developments are the latest in a series of inquiries into the factors that precipitated the company's Michigan factory shutdown and kickstarted a . Abbott received a subpoena from the SEC's Enforcement Division soliciting... + full article
New York Daily News USA Nation February 20, 2023
The Securities and Exchange Commission (SEC) and the Federal Trade Commission (FTC) are launching investigations into the formula business at Abbott Laboratories. The recall of their Similac products in 2022, which led to the shutdown of their Michigan factory and formula... + más
Abbott faces SEC investigation over infant formula debacle | CBS News
Abbott under investigation by SEC and FTC for infant formula business | ABC News
ABC7 USA World February 20, 2023
.Abbott's disclosure of these inquiries come after the Justice Department had already launched a into Abbott's infant formula manufacturing conduct, a source familiar with the matter ABC News, after contamination concerns triggered a and shutdown at their Sturgis,... + más
‘If the FDA is expected to do more, it needs more’: FDA investigation into baby-formula crisis points to its own shortcomings. But shortages persist. | MarketWatch
ABC News USA Health February 19, 2023
Abbott is being investigated by the Securities and Exchange Commission, as well as the Federal Trade Commission, in relation to their infant formula business, the company disclosed in a new SEC filing.Abbott said in a filing Friday that they received a subpoena from the... + más
CBS News USA Health October 22, 2022
Abbott plans to build a $500 million infant formula facility and is boosting production at other plants as the health care company looks to increase supply in the U.S. amid ongoing shortages.We're currently in the final stages of determining the site location and will work... + más
Abbott launches new infant formula recall at another plant for faulty bottle cap seals | ABC News
CNN USA Health October 20, 2022
CNN — Abbott Nutrition plans to build a $500 million nutrition facility for specialty and metabolic infant formulas, Chairman and CEO Robert Ford said Wednesday. The announcement comes as the US formula shortage continues and experts have called for more domestic... + más
ABC News USA Health October 15, 2022
In a new recall following a separate one which dogged them for the better part of this year, Abbott, which has been the largest infant formula manufacturer in the U.S., is now voluntarily recalling bottles of their largest, most popular kind of formula, Similac, from their... + más
Abbott issues new baby formula recall over possibly spoiled products | 10 WBNS
MarketWatch USA Business September 24, 2022
“The report also identifies several areas in which the FDA lacks specific authorities and resources. Simply put, if the FDA is expected to do more, it needs more,” he added. Supply-chain disruptions and product recalls from Abbott Laboratories in February due to... + más
FDA concedes delays in response to baby formula shortage | ABC News
Internal FDA report on infant formula crisis details shortfalls in response | ABC News
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