logo
Share SHARE
FONT-SIZE Plus   Neg

CER Research Says Abbott's Response To Similac Test Results Irresponsible

Hong Kong-based CER Research Friday said Abbott Laboratories Inc.'s (ABT: Quote) response to the report released March 22 relating to the safety of the infant formula product Similac Stage 1 was "irresponsible." The report contained results which showed that the Abbott product, purchased in Hong Kong in December, failed two tests by a significant margin.

In its response, which, according to CER Research, was issued in Chinese, Abbott criticized the report for a lack of "scientific-ness, objectivity and fairness." CER Research's rebuttal claims that the results were obtained from "named and recognized laboratories and experts", adding that it has "no independent view" on the product. Further, CER Research said its attempts to contact Abbott were rebuffed.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Google plans to launch a limited-scale U.S. wireless service, which while not taking on the big players in the industry, would nonetheless incorporate technical innovations that could be absorbed the carriers. This was announced by Sundar Pichai, a top Google executive, at the ongoing World Mobile Congress in Barcelona. Consumers used to steep discount on gas are seeing an increase in the price of the fuel in the past few weeks, accentuated by a surge in California, with refinery maintenance and unexpected events acting as catalysts. The price increase comes amid a globally volatile scenario where supply continues to exceed demand, and U.S. energy companies rethink their exploration and production strategy. Trading of Lumber Liquidators Holdings Inc. (LL) was halted on Monday after its stock tanked 20 percent on a TV show, which claimed the company sold flooring that may not meet safety and health standards. According to the TV interview program "60 Minutes" on CBS, Lumber Liquidators sold flooring manufactured...
comments powered by Disqus
RELATED NEWS
Trade ABT now with 
Follow RTT