- Abbott Laboratories (NYSE:ABT) has reopened its baby formula plant in Sturgis, Michigan, after flooding in the area forced the company to shut its operations last month, a company spokesperson said Saturday.
- Abbott (ABT) has restarted the manufacturing facility on July 01 and resumed the production of specialty baby formula EleCare.
- The Biden administration invoked the Defense Production Act to increase baby formula supplies after the plant closure on safety concerns worsened a national shortage early this year.
- After an agreement with the FDA, the company reopened the facility in June following a months-long shutdown, only to close it a week later due to flooding in southwestern Michigan.
- In response to the shortage, the FDA said this week that the agency would take steps to help foreign baby formula makers operate in the U.S. for the long term in a bid to diversify the market.
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