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The New Formula
Abbott Laboratories / ByHeart
A nationwide infant formula shortage reveals the ugly truth about the industry and the multinational corporation at its center.
Prelude: A promising infant formula startup is linked to a botulism outbreak.
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- https://www.cnn.com/2023/01/20/health/abbott-labs-doj-investigation
- https://www.cnn.com/2023/02/17/health/formula-shortage-one-year-later
- https://www.cnn.com/2023/10/27/health/fda-probiotics-preterm-infants-warning
- https://www.cnn.com/2025/12/02/health/abbott-diabetes-glucose-monitors
- https://www.cohenmilstein.com/abbott-shareholders-including-powerful-union-pension-take-aim-leadership-crains-chicago/
- https://www.cohenmilstein.com/case-study/abbott-shareholder-derivative-lawsuit/
- https://www.congress.gov/118/chrg/CHRG-118hhrg51718/CHRG-118hhrg51718.pdf
- https://www.courthousenews.com/abbott-laboratories-may-have-misled-diabetic-customers/
- https://www.c-span.org/program/us-house-of-representatives/house-debate-on-emergency-funding-for-baby-formula-shortage/612594
- https://www.c-span.org/program/house-committee/house-hearing-on-infant-formula-shortage/625780
- https://www.fda.gov/about-fda/fda-commissioner/abbott-nutritions-sturgis-mi-eirs-issued-9182018
- https://www.fda.gov/about-fda/fda-commissioner/abbott-nutritions-sturgis-mi-eirs-issued-9242019
- https://www.fda.gov/about-fda/fda-commissioner/abbott-nutritions-sturgis-mi-eirs-issued-9242021
- https://www.fda.gov/food/infant-formula-guidance-documents-regulatory-information/enforcement-discretion-manufacturers-increase-infant-formula-supplies
- https://www.fda.gov/food/infant-formula-guidance-documents-regulatory-information/exempt-infant-formulas-marketed-united-states-manufacturer-and-category
- https://www.fda.gov/food/infant-formula-guidance-documents-regulatory-information/status-update-fdas-infant-formula-response-activities
- https://www.fda.gov/food/outbreaks-foodborne-illness/fda-investigation-cronobacter-infections-powdered-infant-formula-february-2022
- https://www.fda.gov/inspections-compliance-enforcement-and-criminal-investigations/warning-letters/abbott-laboratories-669353-10242023
- https://www.fda.gov/inspections-compliance-enforcement-and-criminal-investigations/warning-letters/abbott-laboratories-669353-12122024
- https://www.fda.gov/media/158737/download
- https://www.fda.gov/media/161688/download
- https://www.fda.gov/media/161689/download
- https://www.fda.gov/safety/medical-product-safety-information/information-regarding-medically-necessary-specialty-infant-formulas-notice-health-care-providers
- https://www.fda.gov/safety/recalls-market-withdrawals-safety-alerts/abbott-voluntarily-expands-recall-powder-formulas-manufactured-one-plant
- https://www.fda.gov/safety/recalls-market-withdrawals-safety-alerts/abbott-voluntarily-recalls-powder-formulas-manufactured-one-plant
- https://www.food-safety.com/articles/11562-trump-admin-stopped-criminal-charges-against-abbott-nutrition-for-infant-formula-illnesses
- https://www.food-safety.com/articles/8294-doj-criminally-investigates-abbott-nutrition-after-fatal-outbreak-linked-to-infant-formula
- https://www.foodingredientsfirst.com/news/infant-formula-crisis-abbott-laboratories-faces-us-doj-investigation.html
- https://www.foxbusiness.com/lifestyle/abbotts-baby-formula-crisis-timeline
- https://www.ftc.gov/news-events/news/press-releases/1997/01/abbott-settles-ftc-charges-deceptive-claims-its-ensure-nutritional-products
- https://oig.hhs.gov/documents/audit/9908/A-01-22-01502.pdf
- https://www.ibfan.org/abbott-must-pay-495m-in-infant-formula-trial-for-hiding-risks/
- https://www.justice.gov/archives/opa/pr/justice-department-files-complaint-and-proposed-consent-decree-ensure-safety-abbott
- https://www.latimes.com/politics/story/2022-05-25/lawmakers-baby-formula-shortage
- https://www.nationalacademies.org/projects/HMD-FNB-23-04/event/41376
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- https://www.nutritioninsight.com/news/lawsuits-filed-against-abbott-nutrition-for-alleged-death-and-illnesses-linked-to-infant-formula.html
- https://www.nytimes.com/1973/05/30/archives/abbott-labs-and-5-indicted-in-fluids-sale-abbott-company-indicted.html
- https://www.nytimes.com/2001/04/21/business/abbott-labs-setting-aside-344-million-to-settle-a-lawsuit.html
- https://www.nytimes.com/2003/06/27/business/abbott-to-pay-622-million-to-end-inquiry-into-marketing.html
- https://www.nytimes.com/2016/08/11/business/international/abbott-india-suicide-inhuman-drug-sales-tactics.html
- https://www.nytimes.com/2020/10/06/health/covid-white-house-testing.html
- https://www.nytimes.com/2021/08/20/us/abbott-covid-tests.html
- https://www.nytimes.com/2022/05/16/health/baby-formula-shortage-fda.html
- https://www.nytimes.com/2022/06/04/us/abbott-labs-baby-formula.html
- https://www.nytimes.com/2022/09/06/business/abbott-baby-formula-lawsuits-jones-day.html
- https://www.nytimes.com/2023/01/21/business/justice-abbott-infant-formula-investigation.html
- https://www.nytimes.com/2025/03/04/health/fda-infant-formula-kyle-diamantas.html
- https://www.pbs.org/newshour/nation/doj-investigating-abbott-plant-at-the-center-of-2022-baby-formula-shortage
- https://www.propublica.org/article/baby-formula-abbot-sturgis-michigan-shortages-unsanitary-conditions-workers-say
- https://www.propublica.org/article/read-report-details-drug-companys-close-ties-with-disgraced-doctor
- https://www.propublica.org/article/facing-a-national-shortage-of-baby-formula-trade-officials-opposed-a-plan-to-boost-imports
- https://www.reuters.com/business/abbott-investigates-two-separate-cyber-incidents-says-no-operations-affected-2026-07-17/
- https://www.reuters.com/business/healthcare-pharmaceuticals/abbott-beats-profit-estimates-strong-medical-device-sales-2023-04-19/
- https://www.propublica.org/article/how-america-waged-global-campaign-against-baby-formula-regulation-thailand
- https://www.reuters.com/business/healthcare-pharmaceuticals/abbott-faces-criminal-probe-over-baby-formula-wsj-2023-01-20/
- https://www.reuters.com/business/healthcare-pharmaceuticals/abbott-labs-must-face-lawsuit-over-pediasure-childrens-growth-claims-2026-06-04/
- https://www.reuters.com/business/healthcare-pharmaceuticals/abbott-must-pay-95-million-premature-infant-formula-trial-jury-finds-2024-07-26/
- https://www.reuters.com/business/healthcare-pharmaceuticals/abbott-posts-higher-quarterly-revenue-strong-medical-device-demand-2025-10-15/
- https://www.reuters.com/business/healthcare-pharmaceuticals/abbott-raises-2022-profit-forecast-2022-07-20/
- https://www.reuters.com/business/healthcare-pharmaceuticals/abbott-recalls-some-ready-to-feed-baby-formula-over-bottle-defect-2022-10-14/
- https://www.reuters.com/business/healthcare-pharmaceuticals/fda-issues-warning-letter-abbott-probiotic-products-infants-2023-10-26/
- https://www.reuters.com/business/healthcare-pharmaceuticals/us-doj-closes-criminal-probe-into-abbott-over-baby-formula-plant-wsj-reports-2026-06-29/
- https://www.reuters.com/business/healthcare-pharmaceuticals/us-says-abbott-units-pay-160-mln-resolve-alleged-false-medicare-claims-2021-08-02/
- https://www.reuters.com/business/retail-consumer/abbott-baby-formula-plant-track-reopen-within-1-2-weeks-fda-commissioner-2022-05-19/
- https://www.reuters.com/legal/government/abbott-defeats-lawsuit-alleging-similac-contaminated-by-heavy-metals-2026-04-16/
- https://www.reuters.com/legal/judge-tosses-some-claims-abbott-baby-formula-litigation-2023-05-22/
- https://www.reuters.com/legal/litigation/abbott-set-face-trial-over-claims-premature-infant-formula-caused-deadly-disease-2026-03-04/
- https://www.reuters.com/legal/litigation/jury-orders-abbott-pay-53-million-preterm-infant-formula-trial-media-report-says-2026-04-10/
- https://www.reuters.com/legal/litigation/missouri-appeals-court-wont-send-abbotts-appeal-495-million-preterm-baby-formula-2026-06-23/
- https://www.reuters.com/markets/europe/reckitt-benckiser-shares-hit-lowest-since-2013-abbott-trial-verdict-2024-07-29/
- https://www.reuters.com/world/abbott-wins-dismissal-shareholder-lawsuit-over-2022-infant-formula-recall-2026-07-24/
- https://www.reuters.com/legal/litigation/abbott-agrees-670-million-settlement-infant-formula-cases-2026-08-20/
- https://www.warren.senate.gov/newsroom/press-releases/warren-booker-question-abbott-ceo-on-stock-buybacks-ceo-pay-and-years-of-failures-leading-to-infant-formula-shortage/
- https://www.theguardian.com/environment/2022/may/20/abbott-baby-formula-shareholder-profits
- https://www.presidency.ucsb.edu/documents/white-house-press-release-president-biden-announces-first-two-infant-formula-defense
- https://www.presidency.ucsb.edu/documents/white-house-press-release-justice-department-files-complaint-and-proposed-consent-decree
- https://www.presidency.ucsb.edu/documents/white-house-press-release-fda-provides-new-updates-activities-mitigate-infant-formula
- https://www.usatoday.com/videos/money/2026/03/27/the-corporate-battle-over-infant-formula-for-preterm-babies/89348033007/
- https://www.washingtonpost.com/business/2022/06/10/baby-formula-deaths-abbott/
- https://www.washingtonpost.com/opinions/2022/05/21/abbott-ceo-robert-ford-formula-elevil/
- https://www.washingtonpost.com/politics/2022/05/25/whistleblower-fda-yiannas-report-abbott-baby-formula/
- https://www.washingtonpost.com/politics/2022/05/13/baby-formula-shortage-has-turned-political/
- https://www.washingtonpost.com/us-policy/2022/05/18/house-formula-shortage-abbott/
- https://www.wsj.com/us-news/law/the-baby-formula-probe-produced-a-pile-of-evidence-then-the-doj-dropped-the-case-cdc68716
- https://www.wsj.com/articles/baby-formula-collusion-ftc-864aeb94
- https://www.wsj.com/business/abbott-to-pay-670-million-to-settle-baby-formula-litigation-8260e5fb
- https://www.wsj.com/business/earnings/abbott-laboratories-raised-prices-prompting-sales-slump-16acf049
- https://www.wsj.com/politics/abbott-under-criminal-investigation-over-baby-formula-11674255871
- https://www.wsj.com/articles/abbott-labs-is-a-rare-growth-story-in-health-care-1534757401
- https://www.wsj.com/articles/baby-formula-makers-and-fda-to-discuss-shortage-with-lawmakers-11653471001
- https://www.wsj.com/health/healthcare/abbott-received-former-employees-warnings-on-baby-formula-plant-earlier-than-previously-known-11654716316
- https://www.wsj.com/articles/abbott-labs-approves-3-billion-in-buybacks-1410458658
- https://www.wsj.com/video/abbott-labs-to-split-into-two/A985F64C-3B6E-45E5-B4A2-0BE94B95D135
- https://www.wsj.com/health/healthcare/abbott-ceo-apologizes-for-companys-role-in-baby-formula-shortage-11653237049
- https://www.schiff.senate.gov/news/press-releases/news-who-killed-the-abbott-case-schiff-opens-inquiry-into-reports-that-department-of-justice-closed-criminal-case-against-abbott-laboratories-recommended-by-trumps-own-political-appointees/
- https://cvn.com/proceedings/whitfield-v-st-louis-childrens-hospital-et-al-trial-2024-09-30
- https://www.nytimes.com/2018/07/08/health/world-health-breastfeeding-ecuador-trump.html
- https://cvn.com/sessions/27879/play
