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What Could the Baby Formula Shortage Mean for Abbott Laboratories?

·4-min read
What Could the Baby Formula Shortage Mean for Abbott Laboratories?

With the nation's shelves looking a bit too thin on baby formula products, Abbott Laboratories (NYSE: ABT) is in the hot seat. After voluntarily starting a recall of several of its baby formulas due to dangerous contamination issues in February, a national shortage quickly developed, as the Michigan-based factory operated by the company was one of the country's major suppliers of formula. A nonstop flurry of headlines implicates Abbott Labs in a quickly escalating scandal.

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