Bubs' bonanza: Fonterra and A2 Milk miss the boat

Bubs' bonanza: Fonterra and A2 Milk miss the boat
President Joe Biden meets Bubs' CEO virtually. (Image: Getty)
Rebecca Howard
Bubs Australia scored a major advantage over Fonterra and A2 Milk by being faster to act. The infant formula maker filed its application to the US Food and Drug Administration (FDA) on May 17, immediately after the FDA announced “increased flexibilities” regarding infant formula imports as parents grappled with a nationwide shortage.It called on companies to “submit information for the FDA to quickly evaluate whether the product can be used safely and whether it provides adequate nutrition”.The Australian minnow sub...

More Primary Sector

Bell Potter boosts Santana target price 53.5%
Primary Sector

Bell Potter boosts Santana target price 53.5%

Aussie brokers increasingly like the look of a low-cost, high yield Otago gold play.

Pattrick Smellie 19 Apr 2024
Anna Palairet appointed Fonterra's chief operating officer
Primary Sector

Anna Palairet appointed Fonterra's chief operating officer

Having acted in the role since June last year, she replaces Fraser Whineray.

Riley Kennedy 19 Apr 2024