- Bubs Australia’s (BUB) third plane load of infant formula has been locked in for delivery under Operation Fly Formula
- President Biden released an official White House statement affirming his administration is in the process of sourcing further flights to deliver the baby formula, facilitated by the US Department of Health and Human Services
- Through Operation Fly Formula, an additional 180,000 tins of Bubs’ infant formula will be flown into the US, with the third plane due to arrive in Los Angeles on June 26
- Bubs expects over 361,000 cans of Bubs Infant Formula will be made available to major retailers across 34 States by mid-July
- Bubs Australia is up 3.23 per cent, trading at 64 cents at 10:35 am AEST
Bubs Australia’s (BUB) third plane load of infant formula has been locked in for delivery under Operation Fly Formula.
President Biden released an official White House statement affirming his administration is in the process of sourcing further flights, facilitated by the US Department of Health and Human Services (HSS).
Through Operation Fly Formula, an additional 180,000 tins of Bubs’ infant formula will be flown into the US.
Bubs CEO Kristy Carr and Executive Chair Dennis Lin met with key stakeholders of the HSS and the White House Executive Office of the President to discuss ongoing collaborations with the US government.
The US has been struggling with a nation-wide shortage of formula, which was exacerbated by a contamination scare involving its largest formula manufacturer, Abbott.
The parties aim to help alleviate the infant formula crisis, and discussed the necessary logistics to get more product on shelf in major American retailers.
Bubs has already sent two plane loads of its infant formula to the US earlier this month to help alleviate the situation, and has now received additional support to deliver an extra two plane loads to provide further relief for American families.
“It is immensely rewarding that only twenty-four days after the USA Food and Drug Administration (FDA) exercised its enforcement discretion for Bubs to import six infant formula products into the United States, we can now see products physically on the retail shelves for American parents, whilst moving at the speed of safety,” Ms Carr said.
The third plane is due to arrive in Los Angeles on June 26, while a fourth is scheduled for Philadelphia on July 5.
In total, the two additional deliveries will carry 180,195 tins, to fill around 5.5 million standard baby bottles.
“By mid July we expect 361,299 cans of Bubs Infant Formula to have been made available to major retailers across 34 States,” Ms Carr added.
“This reflects an incredibly concerted effort from Bubs, our logistics and retail partners, and the United States Government.”
Bubs Australia was up 3.23 per cent, trading at 64 cents at 10:35 am AEST.