Abbott reaches agreement with Department of Justice to resolve claims relating to 2022 infant formula recall

Regulatoryapprovedinfant formulaPositive

AI Analysis

Summary

Abbott has reached a settlement agreement with the Department of Justice to resolve claims related to its 2022 infant formula recall, with no admission of fault or liability and the government closing its criminal investigation.

Outcome Details

Settlement agreement reached with Department of Justice regarding 2022 infant formula recall; no finding of fault or liability; criminal investigation closed

Importance:5/10

Sentiment:

0.40

settlementregulatoryproduct recallinfant formulaDOJ

Related Companies

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Published by PR Newswire Biotech on September 14, 2026 3:52 PM

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