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VisitHow will Abbott's stock price change within one week after the Similac trial outcome?
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Abbott Faces Trial on July 8 Over Claims Similac Preterm Infant Formula Causes Dangerous Disease
Jul 8, 2024, 10:11 AM
Abbott, the maker of Similac baby formula, is set to face a trial on Monday, July 8, over allegations that its specialty formula for preterm infants causes a serious intestinal disease. This trial marks the second in a series of hundreds of similar lawsuits in the United States. The formula is used in neonatal intensive care units and is accused of causing a potentially deadly bowel disease. The case has seen nutrition companies and parents clash in court over the cause of the disease.
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