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ANNOUNCEMENT: Resilinc Announces Strategic Growth Investment from Vista Equity Partners Read More
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Home / In the News / US safety, savings rules set stage for baby formula shortage

Home / US safety, savings rules set stage for baby formula shortage

RESILINC BLOGS
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US safety, savings rules set stage for baby formula shortage

May 24, 2022
< 1 MIN READ

Associated Press

A massive recall is getting most of the blame for the U.S. baby formula shortage, but experts say the products have long been vulnerable to this type of crisis due to decades-old policies that have allowed a handful of companies to corner the market.

Those government rules — aimed at assuring safe, affordable formula — are getting renewed scrutiny as President Joe Biden’s administration rushes to import formula from Europe.

“There’s perfectly good and safe baby formula available around the world. We just don’t have access to it,” said Bindiya Vakil, CEO of Resilinc, a supply chain analytics firm. ”We’ve created this problem by not setting up an infrastructure for imports.”

Read the full AP article>>

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