The a2 Milk Co Ltd

ATM: XNZE (NZL)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	NZD 7.00	Pfghbzj	Pfpjgzhm

U.S. Infant Formula Approval Is a Bonus for a2 Milk, but China Remains Crucial

Angus Hewitt

Nov 3, 2022

A2 Milk has been handed its best shot yet to break into the U.S. infant formula market with temporary access to the market granted by the U.S. Food and Drug Administration. Despite receiving notification from the FDA on Aug. 10 that its application to plug the ongoing infant formula shortage is on ice, a2 continued to meet the FDA requirements and has now been approved to sell stage 1 and 2 infant formula through Jan. 6, 2023. Under certain conditions, this could be extended to Oct. 18, 2025.

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