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Walgreen, Supervalu Restocking Infant Formula After FDA Clears Safety

--Mead Johnson's powdered infant formula deemed safe by U.S. regulators --Formula was pulled as a precaution after an infant who ingested it died from a bacterial infection --Retailer Walgreen and Supervalu say they are in the process of restocking the formula By John Kell Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Walgreen Co. (WAG) and Supervalu Inc. (SVU) said they are in the process of restocking a batch of powdered infant formula that U.S. regulators last week declared to be safe and clear of the bacteria linked to the death of one baby and illness of two others. A handful of retailers last month removed Mead Johnson Nutrition Co.'s (MJN) 12.5-ounce cans of Enfamil powder with the lot number ZP1K7G from shelves nationwide after a 10-day-old Missouri baby who ingested it died from a bacterial infection. The companies took the precautionary step as they awaited testing results from federal health regulators. In a joint statement late Friday, the Food and Drug Administration and the Centers for Disease Control and Prevention said tests of factory-sealed containers of the formula showed no signs of contamination. Wal-Mart Stores Inc. (WMT) said it is currently reviewing and assessing the test results, saying it would work with the FDA, CDC and Mead Johnson to determine the next appropriate step. Representatives from Kroger Co. (KR) and Safeway Inc. (SWY) weren't available to comment on their plans to restock the formula. -By John Kell, Dow Jones Newswires; 212-416-2480; john.kell@dowjones.com

Stock News for Safeway (SWY)
DateTimeHeadline
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