My apologies for incorrect posts related to “vitamin”.
Should read, Bellamy’s is to enter Vietnam market.
Mr Cohen added he does expect to gain the certification (CFDA/SAMR) this calender year.
“We of course monitor what's going on our progress versus others in the queue," he said. "It's got nothing to do with Bellamy's - it's not like other foreign brands are getting stamped and we are getting held back. We have weekly correspondence between people in China and advisers in China and we stay on top of the process. We know our technical application is good and the process is there to protect the Chinese consumers. They have a lot of brands and we are one of them waiting in line."
For CFDA/SAMR infant formula registration process, Once passed “Technical evaluation”, just waiting for final approval as indicated by past CFDA approvals. So I expect final CFDA/SAMR approval for BAL could be coming at any time.
BAL Price at posting:
$11.36 Sentiment: Buy Disclosure: Held
