BREAKING: Baby formula shortage: Abbott and FDA reach deal on reopening plant amid nationwide shortage
The out-of-stock rate fluctuated between 2% and 8% for the first half of 2021, jumped to 23% in January of this year, then hit 33% in April. The Justice Department filed a consent decree on Monday that will allow the Abbott plant to reopen once certain conditions are met, saying that Abbott "failed to comply with regulations designed to ensure the quality and safety of infant formula, including protection against the risk of contamination from bacteria.
FDA Commissioner Robert M. Califf also said the agency is looking to new steps regarding importing formula from overseas. "We recognize the hardships that parents and caregivers have faced in obtaining infant formula and the FDA is focused on boosting the availability of the country’s supply of these products, including new steps regarding importation," Califf said Monday. The Associated Press contributed to this report.
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