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Settlement reached over deadly U.S. meningitis outbreak
Source: Reuters
Settlement reached over deadly U.S. meningitis outbreak
BY JONATHAN STEMPEL
Tue Dec 24, 2013 6:00am EST
(Reuters) - Owners and insurers of a now-bankrupt Massachusetts pharmacy linked to a deadly meningitis outbreak have agreed to pay more than $100 million to compensate victims, families of victims and creditors.
The preliminary settlement announced on Monday, which requires court approval, would resolve many claims arising from tainted steroid injections linked to New England Compounding Pharmacy Inc of Framingham, Massachusetts.
According to the Centers for Disease Control and Prevention, at least 64 people died and 751 were sickened in 20 U.S. states by injections of methylprednisolone acetate, a drug typically used to ease back pain.
The outbreak occurred after NECC shipped tainted vials of the steroid to medical facilities throughout the United States.
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BY JONATHAN STEMPEL
Tue Dec 24, 2013 6:00am EST
(Reuters) - Owners and insurers of a now-bankrupt Massachusetts pharmacy linked to a deadly meningitis outbreak have agreed to pay more than $100 million to compensate victims, families of victims and creditors.
The preliminary settlement announced on Monday, which requires court approval, would resolve many claims arising from tainted steroid injections linked to New England Compounding Pharmacy Inc of Framingham, Massachusetts.
According to the Centers for Disease Control and Prevention, at least 64 people died and 751 were sickened in 20 U.S. states by injections of methylprednisolone acetate, a drug typically used to ease back pain.
The outbreak occurred after NECC shipped tainted vials of the steroid to medical facilities throughout the United States.
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Read more: http://www.reuters.com/article/2013/12/24/us-necc-meningitis-settlement-idUSBRE9BN01Y20131224