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November 4, 2026 · Industry Watch

Planned infant formula deal draws congressional concern

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ByHeart’s co-founders intend to acquire Dublin-based Perrigo through their new company, MeridianMade.

A congresswoman has raised concerns about a proposed infant formula company sale involving the founders of a business linked to what Food Safety News describes as the largest recorded infant botulism outbreak.

The publication reports that ByHeart co-founders Ron Belldegrun and Mia Funt plan to buy Dublin-based Perrigo through MeridianMade, a new company they founded and lead.

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