Mead Johnson Nutrition plans to boost its US infant formula manufacturing capabilities to supply the e-commerce channels opening up between the US and China.
Mead Johnson Nutrition is still waiting for the outcome of a US Securities and Exchange Commission (SEC) probe that could see it penalized on home soil for alleged promotional payments made by employees in China.
Mead Johnson Nutrition has revealed that the US Securities and Exchange Commission (SEC) is probing “certain expenditures” relating to the promotion of infant formula products by its business in China.