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clock Created with Sketch. 16/12/22
09:53
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Originally posted by clatron:
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Bubs (ASX: BUB) will be doing its part to help struggling US families feed their babies amid a severe formula shortage. The company's stock is currently up more than 20% in pre-market.Bubs received approval from the US Food and Drug Administration (FDA) on Saturday, allowing it to provide at least 1.25m cans of infant formula products including Stage 1 and 2 Bubs Organic Grass Fed, Bubs Supreme A2 Beta-Casein Protein and Bubs Easy-digest Goat Milk.According to Bubs, 500,000 tins are ready for immediate export and the remaining 750,000 are scheduled for completion in the coming months.
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Let's not talk about how things are going in the USA.
(20min delay)