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Abbott says shipped millions of cans of infant formula from Ireland

(Reuters) -Abbott Laboratories said on Friday it has air shipped millions of cans of infant formula powder into the United States from its facility in Ireland to address shortages...
Abbott says shipped millions of cans of infant formula from Ireland © Reuters. FILE PHOTO: Abbott Laboratories logo is displayed on a screen at the New York Stock Exchange (NYSE) in New York City, U.S., October 18, 2021. REUTERS/Brendan McDermid/File Photo

(Reuters) -Abbott Laboratories said on Friday it has air shipped millions of cans of infant formula powder into the United States from its facility in Ireland to address shortages here as it tries to reopen its Michigan manufacturing plant.

The company said in a blog https://www.abbott.com/corpnewsroom/nutrition-health-and-wellness/abbott-update-on-powder-formula-recall it was shipping infant formula produced at its Cootehill, Ireland facility to be used by consumers eligible for the U.S. government's Women, Infants and Children (WIC) nutrition assistance program for low-income families.

Abbott in February recalled some baby formulas, including certain Similac products, made at the Sturgis plant after complaints about bacterial infections in infants who had consumed the products. It is working with the U.S. Food and Drug Administration to reopen the plant.

The company said it has also been working with the U.S. Department of Agriculture (USDA) and WIC agencies. In states where Abbott has the WIC contract, it will pay rebates on competing products if Similac is not available through August.

In a May 13 letter to Abbott Chairman Robert Ford, USDA Secretary Thomas Vilsack asked for the policy to be put in place through August instead of month-by-month.

The company also said it has prioritized infant formula production at its facility at Columbus, Ohio, converting other liquid manufacturing lines into making Similac liquid ready-to-feed.

Lack of supply from Abbott has exacerbated a broad shortage of baby formula, which was been hit by supply chain snags and historic inflation rates.

U.S. President Joe Biden met on Thursday with executives from infant formula manufacturers and retailers, pressing them to do everything possible to get families access.

Separately, the U.S. Centers for Disease Control and Prevention (CDC) closed its investigation on Abbott's infant formula, with no additional cases of infections, according to a notice on the FDA website.

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23-05-2022 12:40:03 (UTC+7)

EUR/USD

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 EUR/USD1.0593Buy
 GBP/USD1.2549↑ Buy
 USD/JPY127.57↑ Buy
 AUD/USD0.7096↑ Buy
 USD/CAD1.2802↑ Buy
 EUR/JPY135.13↑ Buy
 EUR/CHF1.0303↑ Buy
 Gold1,853.54↑ Buy
 Silver21.907Buy
 Copper4.3035↑ Sell
 Crude Oil WTI111.02Buy
 Brent Oil110.85↑ Buy
 Natural Gas8.206↑ Buy
 US Coffee C216.48↑ Buy
 Euro Stoxx 503,657.03↑ Buy
 S&P 5003,901.36↑ Buy
 DAX13,981.91Buy
 FTSE 1007,389.98Neutral
 Hang Seng20,427.00↑ Buy
 Small Cap 20001,773.27↑ Buy
 IBEX 358,484.50Neutral
 BASF48.850Buy
 Bayer63.74Buy
 Allianz195.58Buy
 Adidas172.80Buy
 Lufthansa6.852↑ Sell
 Siemens AG115.08Neutral
 Deutsche Bank AG9.362Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,880/ 6,980
(5/ 5) # 1,771
SJC HCM6,895/ 6,985
(0/ 0) # 1,775
SJC Hanoi6,895/ 6,987
(0/ 0) # 1,777
SJC Danang6,895/ 6,987
(0/ 0) # 1,777
SJC Nhatrang6,895/ 6,987
(0/ 0) # 1,777
SJC Cantho6,895/ 6,987
(0/ 0) # 1,777
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