Stock Markets August 20, 2026 04:57 PM

Abbott Settles Infant Formula Litigation for $670 Million

Agreement covers claims from 2,000 plaintiffs and incorporates a previously ordered $495 million award

By Priya Menon
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Abbott has struck a $670 million settlement with three law firms to resolve legal claims from 2,000 people alleging harm connected to specialty formulas for preterm infants. The deal encompasses a high-profile verdict of $495 million that had been affirmed on appeal and remained under review at the state supreme court level. Hundreds of related suits remain pending in federal and state courts.

Abbott Settles Infant Formula Litigation for $670 Million
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Key Points

  • Abbott agreed to a $670 million settlement with three law firms to resolve claims by 2,000 people alleging harms tied to specialty formulas for preterm infants.
  • The settlement includes a previously ordered $495 million verdict that was affirmed on appeal and under review at Missouri's Supreme Court.
  • About 1,000 similar lawsuits have been filed against Abbott and Mead Johnson, with more than 800 centralized in an Illinois federal court; other cases remain in state courts including Illinois, Missouri and Pennsylvania. Sectors affected include healthcare, consumer staples, and legal services.

Abbott has reached a $670 million settlement with three law firms to resolve legal claims brought by 2,000 people who said they were harmed in connection with the company's specialty formulas for preterm infants. The agreement, announced on Thursday, includes one large case in which a jury-ordered award of $495 million had already been entered against Abbott.

In 2024, a jury in St. Louis concluded that Abbott's infant formula caused an Illinois child to develop necrotizing enterocolitis, a severe bowel illness that primarily affects premature newborns. That verdict was later affirmed by a state court of appeals in May 2026, and Abbott had been pursuing review by Missouri's Supreme Court prior to the settlement.

The settlement resolves a portion of a broad slate of litigation connected to specialty formulas for preterm infants. About 1,000 similar lawsuits have been filed against Abbott and against Mead Johnson, a unit of Reckitt which produces Enfamil formulas. More than 800 of those cases are centralized in an Illinois federal court, while additional suits remain active in state courts in Illinois, Missouri and Pennsylvania.

Necrotizing enterocolitis, the condition at the center of these claims, causes death of bowel tissue and primarily affects premature infants. The disease has an estimated mortality rate of more than 20%, according to the information in the record. Medical practitioners have long recognized that breast milk offers protective benefits against the condition, a point the companies have reiterated in their responses to the litigation.

Both Abbott and Reckitt have stated that, while breast milk is protective, their formulas do not cause necrotizing enterocolitis and that the benefits of breast milk have long been known to clinicians. The settlement announced on Thursday addresses a subset of the pending claims and includes the previously assessed $495 million judgment.

With hundreds of cases centralized in federal court and others continuing in state venues, the litigation landscape remains active even after this settlement. The agreement resolves a significant number of claims but does not by itself conclude all pending legal matters involving Abbott or other manufacturers of infant formula.


Context and implications

This settlement resolves a high-profile portion of mass litigation tied to specialty infant formulas for preterm babies, addresses a jury verdict that had been affirmed on appeal, and follows the companies' public statements concerning breast milk and formula. Courts in multiple jurisdictions continue to handle additional cases related to the same set of allegations.

Risks

  • Ongoing litigation activity - Hundreds of cases remain pending in federal and state courts, meaning legal exposure for manufacturers continues. This impacts legal services and corporate risk management in the healthcare and consumer staples sectors.
  • Appeals and judicial review - Although one major verdict was affirmed by an appeals court and then included in the settlement, other judgments or appeals could produce additional liabilities for companies involved in infant formula manufacturing, affecting corporate financial and legal planning.
  • Clinical and reputational uncertainty - Disputes over whether formulas cause necrotizing enterocolitis and companies' statements that formulas do not cause the disease leave room for continued scrutiny from clinicians, regulators, and purchasers in the healthcare sector.

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