ABT · 10-Q · 2026Q2 · Full report

Product Liability Lawsuit

ABBOTT LABORATORIES · 2026-07-28 · Importance 37 · Surprise 42

Abbott faces lawsuits in the United States alleging that preterm infant formula and human milk fortifier containing cow’s milk ingredients cause necrotizing enterocolitis and lacked adequate warnings. The first three federal MDL bellwether cases in the U.S. District Court for the Northern District of Illinois resulted in summary judgment for Abbott, while state-court outcomes have ranged from summary judgment for Abbott to a plaintiff verdict awarding $ million in damages. Abbott has recorded no reserves because it cannot reasonably estimate the possible loss, and it states that resolution could materially affect financial position, cash flows, or results of operations.