Reckitt's Mead Johnson Initiates Massive Recall Of 675K Cans Of Hypoallergenic Baby Formula Over Bacteria Contamination Fears
Portfolio Pulse from Benzinga Neuro
Reckitt Benckiser's Mead Johnson Nutrition is recalling approximately 675,000 cans of Nutramigen Powder due to potential contamination with Cronobacter sakazakii bacteria. No illnesses have been reported, and tests for Cronobacter in the suspected batches were negative. The FDA has stated that mandatory testing does not guarantee the absence of bacteria due to potential uneven distribution of low-level contamination. The recall is not expected to significantly affect the U.S. supply of powdered infant formulas.
January 02, 2024 | 4:39 am
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Reckitt Benckiser's Mead Johnson Nutrition recalls Nutramigen Powder over potential bacteria contamination. No reported illnesses, and FDA does not foresee a significant impact on formula supply.
The recall of a significant amount of baby formula could lead to short-term negative sentiment among investors due to potential financial impacts and brand reputation damage. However, the FDA's reassurance about the supply mitigates the impact slightly.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80