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BUSINESSKOIN 6·2d ago

Abbott Laboratories to pay nearly $1M to Oregon after selling 'unsafe' baby formula

AI TLDR · GEMINI

Abbott Laboratories will pay a settlement of over $384 million for selling baby formula produced in unsafe conditions. Oregon is set to receive nearly $1 million of the total funds. The settlement involves formula distributed through taxpayer-funded programs.

Abbott Laboratories will pay over $384M after selling baby formula from taxpayer-funded programs in unsafe conditions, with Oregon receiving close to $1M from the settlement.

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