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.
bacteria inside Abbott's Sturgis plant prompted a massive voluntary formula recall last February, after four babies who had consumed Abbott's formula contracted a Cronobacter infection. Two of the infants subsequently died, although Abbott maintains there has not been conclusive evidence that its formula caused the infant illnesses, since none of the Cronobacter strains found at their plant matched the two samples genetically sequenced from the sickened infants.
After inspecting Abbott's Sturgis facility last year, FDA chief Dr. Robert Califf described the "shocking" and "egregiously unsanitary conditions" investigators had found. Abbott's recall ricocheted across American groceries and families' pantries, exacerbating an already mounting supply issue, and forcing families to scramble for what their babies needed for months.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Abbott Laboratories under SEC and FTC investigation over baby-formula businessThe Securities and Exchange Commission and Federal Trade Commission are investigating Abbott Laboratories' baby-formula business, the company said.
Weiterlesen »
Abbott Baby-Formula Business Is Under Investigation By SEC, FTCThe SEC’s enforcement division sent a subpoena to Abbott in December requesting information about its powder infant-formula business and related public disclosures, the company said Friday in a securities filing.
Weiterlesen »
Abbott gets FTC notice for information on infant formula productsAbbott Laboratories said on Friday it received a civil investigative demand in January from the Federal Trade Commission related to a probe of the companies participating in bids for women, infants and children formula contracts.
Weiterlesen »
Analysis | FTC launches technology office to keep up with Silicon Valley giantsAnalysis: FTC launches technology office to keep up with Silicon Valley giants
Weiterlesen »
FTC sues companies over delivery of millions of robocallsThe Department of Justice has filed a complaint on behalf of the Federal Trade Commission alleging that a network of companies and individual defendants facilitated tens of millions of robocalls.
Weiterlesen »
Property tax relief, school choice, student safety & fentanyl crisis among Abbott's emergency itemsGovernor Greg Abbott said 'the state of our state has never been more exceptional.'
Weiterlesen »