Boston-area pharmacy to settle $100 M for meningitis victims
Source: UPI
BOSTON, Maine, (UPI) -- The bankrupt Boston-area pharmacy that allegedly made tainted steroid injections which sickened hundreds and killed 64 will compensate victims, officials say.
Paul D. Moore, the bankruptcy trustee involved in the negotiations with the bankrupt New England Compounding in Framingham, Mass., told the Boston Globe: "We are working very hard to expedite this process and get money to victims as quickly as possible. This is a first step, although a significant one."
The proposed $100 million settlement, which must be finalized and approved by the U.S. Bankruptcy Court, provides hope to the 751 people who developed meningitis or other infections from the injections including those who died, The Globe said.
It's estimated some 14,000 patients nationwide received the tainted steroid injections and in addition to meningitis, many developed other symptoms. It's unclear how much victims or their families would each receive because the victims have until Jan. 15 to file claims with the U.S. Bankruptcy Court.
FULL story at link.
Read more: http://www.upi.com/Health_News/2013/12/24/Boston-area-pharmacy-to-settle-100-M-for-meningitis-victims/UPI-45011387907107/
= new reply since forum marked as read
Interesting part of this settlement comes from a tax refund.
