Care A2 Plus has penned a new licensing deal with Miami-based Gensco Pharma to gain an entrée into US Food Banks, retail grocery chains, and government-backed military commissaries to distribute tins of baby formula.
Following months of delays the start-up has shipped about 115,000 tins of formula since December. Care A2 Plus was one of the first companies to get the tick from the US government to import formula after rules were relaxed following a contamination issue at a major plant in Michigan last year.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
