Abbott Labs' formula woes spell opportunity for rivals

Source Crains
Original Load Date June 28, 2022, 7:01 a.m.
Last Updated June 28, 2022, 7:01 a.m.
Original URL http://www.chicagobusiness.com/health-care/abbotts-formula-loses-market-share-competitors-amid-plant-closure

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Abbott Laboratories is losing its lead in the U.S. baby formula market as the shutdown of an important manufacturing plant drags on. Contamination [ concerns ][13] forced the North Chicago-based company to close its main formula plant in Sturgis, Mich., five months ago, sparking nationwide shortage...