Bubs Australia (ASX:BUB) has secured permanent US Food and Drug Administration (FDA) approval for its Bubs Goat, Bubs 365 Day Grass Fed and Bubs Essential infant formula products, according to a Monday filing with the Australian bourse.
The approval confirms the company's compliance with strict US safety, nutritional and quality standards, reinforcing its position as the only Australian infant formula brand authorized to supply the US market, the filing added.
The company's shares jumped 35% in recent Monday trade.