Formula shortage isn’t related to Bill Gates, Mark Zuckerberg investment in artificial breast milk
politifact.com/factchecks/2022/may/12/facebook-posts/formula-shortage-isnt-related-bill-gates-mark-zuck
By Samantha Putterman May 12, 2022
If Your Time is short
A national shortage of infant formula unfolded due to a recall by a major U.S. manufacturer of baby food and existing supply chain issues associated with the COVID-19 pandemic.
There’s no evidence that an investment in BIOMILQ – a startup that makes artificial breast milk – by a fund that Mark Zuckerberg and Bill Gates are involved in has anything to do with the shortage.
BIOMILQ says it’s still three to five years away from getting a product to market.
See the sources for this fact-check
Even if you’re not a parent, you’ve likely heard about the baby formula shortage currently gripping the United States.
The lack of supply has been blamed on a number of factors, including COVID-19 related supply chain issues and a recall that halted operations at a major formula manufacturer.
But some on social media claim there’s something darker at play: an intentional and strategic investment by some of the nation’s richest men.
A screenshot of a website called the Science Times shows a June 2020 headline that says "Bill Gates, Zukerberg, other billionaires invest in environmentally-friendly artificial breast milk cultured from human mammary."
A May 11 Facebook post that shared the screenshot reads: "Now you know why there’s suddenly a ‘formula shortage.’ The new age robber barons have conveniently invested in some unholy breast milk made from human organs."
The post was flagged as part of Facebook’s efforts to combat false news and misinformation on its News Feed. (Read more about our partnership with Facebook.)
There is no evidence that investments involving Bill Gates and Mark Zuckerberg in artificial breast milk have anything to do with the formula shortage.
The story featured in the post was published on June 20, 2020, and detailed how a startup company called BIOMILQ is artificially producing human breast milk from cultured human mammary cells in an effort to limit greenhouse gases created in formula manufacturing.
The company received $3.5 million from an investment fund co-founded by Gates, Zuckerberg, Jeff Bezos and Richard Branson, the story said. The billion dollar fund, Breakthrough Energy Ventures, was established to help prevent the effects of climate change and is backed by some of the world's top entrepreneurs.
Neither BIOMILQ nor the fund’s investment in the company have anything to do with the current shortage. Leila Strickland, BIOMILQ’s co-founder and chief science officer, told CNN on May 3 that the company is still three to five years away from getting a product to market.