Listed goat’s milk infant formula and organic baby food producer, Bubs Australia (ASX: BUB), has partnered with a leading Chinese baby nutrition company to penetrate the Chinese market. Bubs announced it had signed a memorandum of understanding with Beingmate China, one of the country’s largest infant and maternal nutrition companies. The company said: “Under the…
Bubs Australia, which recently stepped in to answer the USA’s infant formula shortage, won the top award at the Australian Export Awards on Thursday night. Eighty-four finalists – all winners at their states’ and territories’ export awards this year – made the nation’s top export awards, held at Parliament House in Canberra. Bubs work to…
Australian infant formula manufacturer Bubs has begun a major US clinical trial as part of an approval process for the US market. The nationwide Growth Monitoring Study (GMS) clinical trial is part of the regulatory process for approvals by the US Food and Drug Administration (FDA), which would allow its organic infant formulas a permanent…
The CEO and Executive Chairman of organic goat infant formula manufacturer Bubs have now been ousted by the company’s board which said it was time for new leadership of the once highly successful brand. CEO Kirsty Carr was terminated by the board last week with immediate effect ‘due to failure to comply with reasonable board…
Infant formula manufacturer Bubs Australia is to have a Chinese-label version of its goat milk infant formula products manufactured in China to take advantage of increasing ‘buy China’ sentiment among consumers. The company, which made cross-border sales in the past year of Australian made infant formula in China worth $42 million, will continue to sell…
Infant formula manufacturer Bubs Australia is riding a wave of success exporting formula to the United States, announcing record fourth quarter gross revenue of $48.1 million, up 278 percent on the previous corresponding period. This is the fourth consecutive quarter of growth on prior year recorded by the company, which is air freighting emergency supplies…
A plane from Australia carrying approximately 90,000 tins of Bubs infant formula will arrive in the United States on Wednesday July 6, primarily to stock HEB Grocery Company and Meijer stores, and worth approximately $3 million. It is the fourth plane stocking Bubs products to arrive in the US under Operation Fly Formula. Texas-based chain…
Such is the urgency of the shortage of infant formula in the United States that President Joe Biden has announced two special flights to freight Bubs Australia infant formula to Pennsylvania. Only days after the US Food and Drug Administration authorised the emergency shipment of 1.25 million tins of Bubs formula to the US, the…
Infant formula manufacturer Bubs Australia has stepped in to supply 1.25 million cans of infant formula to the United States in a development even hailed by US President Biden. The company, which is an experienced exporter throughout Asia and China through daigou and e-commerce channels, has increased production at its Dandenong, Victoria plant to supply…
Infant formula and goat milk company Bubs Australia maintained strong growth in the 2020 financial year despite the Covid-19 pandemic disrupting supply chains in Australia and China. Bubs CEO Kristy Carr said: “Thanks to the foundations laid by the Company over the last two years, Bubs has enjoyed a year of solid revenue trajectory across…
