FDA Issues Warning Letters To Three Infant Formula Manufacturers - ByHeart Inc., Mead Johnson Nutrition (Reckitt), And Perrigo Wisconsin, LLC
Portfolio Pulse from Benzinga Newsdesk
The FDA has issued warning letters to three infant formula manufacturers - ByHeart Inc., Mead Johnson Nutrition (Reckitt), and Perrigo Wisconsin, LLC, following inspections over the last several months. The firms initiated recalls to remove potentially contaminated products from the market. However, the FDA does not advise parents and caregivers to discard or avoid purchasing any particular infant formula at this time.
August 30, 2023 | 8:45 pm
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Perrigo Wisconsin, LLC, a subsidiary of Perrigo Company plc (PRGO), has received a warning letter from the FDA following inspections. The company initiated recalls to remove potentially contaminated products, but there is no current advice to avoid their products.
The warning letter from the FDA is a negative event for Perrigo (PRGO) as it may affect the company's reputation and sales in the short term. However, the impact may be mitigated by the FDA's statement that there is no advice to avoid any particular infant formula at this time.
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