For decades, the U.S. formula industry has been dominated by a handful of companies, excluding similar products from overseas. A new plan will change that.
Baby formula imported from Europe is sold by Nika Manabat at her Joeys on the Go kiosk at Valley Fair Mall in Santa Clara, Calif. on Tuesday, May 7, 2019. to stay on the market long term, an effort to diversify the nation's tightly concentrated industry and prevent future shortages.
The U.S. has been forced to turn to foreign manufacturers to boost formula supplies since February, whenWhile many American parents struggle to find infant formula, health experts say the problem has been exacerbated for parents with babies who require a specific formula due to allergies.authorized the airlift of millions of pounds of powdered formula from overseas. Together those actions have brought the equivalent of 300 million bottles of formula into the country, according to the FDA.
The policy allowing importation was set to expire in November, but the FDA said it would be extended to January, after which companies can ask to stay on the market longer.
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