Pennsylvania Siblings Launch New Baby Formula Company, Challenging Market Monopolies

[mystery-ak]

Pennsylvania Siblings Launch New Baby Formula Company, Challenging Market Monopolies

Penny Starr 9 Jul 2022

In the wake of a baby formula shortage brought on by Joe Biden’s economic policies, a brother and sister are making a timely and somewhat historic entry into the market by launching ByHeart in Reading, Pennsylvania.

Until now, just a handful of companies have had 90 percent of the market share — Abbott, Gerber, Mead Johnson, and Perrigo Nutritionals — in part because of federal contracts to supply formula to low-income families.

And supplies dried up when Abbott shut down its Michigan Similac plant earlier this year after a bacterial infection that led to the deaths of two infants was alleged to have originated there.

“We are disrupting a category that has not been disrupted in decades,” Mia Funt, 39, cofounder and president of ByHeart, said in an interview with the Philadelphia Inquirer last week.

She founded the company with her brother and fellow University of Pennsylvania graduate, Ron Belldegrun, 36, who is chief executive officer.

more
https://www.breitbart.com/health/2022/07/09/pennsylvania-siblings-launch-new-baby-formula-company-challenging-market-monopolies/

[Drago]

More info.:   https://byheart.com

[libertybele]

Awesome. I am glad to see this.

[Wingnut]

I'll bet Joe Biden's drool crusted blinkie that the governments regulating Alphabet agency's will throw up a ton of roadblocks to thwart them from ever getting their product to market.

[mountaineer]

I'll bet Joe Biden's drool crusted blinkie that the governments regulating Alphabet agency's will throw up a ton of roadblocks to thwart them from ever getting their product to market.

My first thought, too. The FDA will inspect and find innumerable sanitary violations that somehow can never be resolved.

[catfish1957]

I'll bet Joe Biden's drool crusted blinkie that the governments regulating Alphabet agency's will throw up a ton of roadblocks to thwart them from ever getting their product to market.

My thoughts too.  When you look at the complexity of all regulations and rules that apply to manufacturing, it will boggle your mind the level of red tape and bureacracy.  Our systems are in place to make sure making a profit is difficult, (if you make a product).

There is a good reason, a grass roots refinery has not been built in this country in 50 years, and why there never will be.

[IsailedawayfromFR]

I'll bet Joe Biden's drool crusted blinkie that the governments regulating Alphabet agency's will throw up a ton of roadblocks to thwart them from ever getting their product to market.

Exactly.

Only government can solve the problems they create, in their twisted way of thinking.

[Cyber Liberty]

I'll bet Joe Biden's drool crusted blinkie that the governments regulating Alphabet agency's will throw up a ton of roadblocks to thwart them from ever getting their product to market.

You're damned right. The folks are doomed to fail. 

[Kamaji]

I'll bet Joe Biden's drool crusted blinkie that the governments regulating Alphabet agency's will throw up a ton of roadblocks to thwart them from ever getting their product to market.

Of course.