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$100 Million Settlement Reached For Meningitis Victims Linked to Framingham Pharmacy

The settlement still requires approval from Judge Henry J. Boroff before distributions can be made to victims.

More than 750 individuals and at least 64 people died in 20 states - none in Massachusetts - from a meningitis outbreak linked to tainted steroids manufactured at the Framingham-based New England Compounding Center. Patch File Photo.
More than 750 individuals and at least 64 people died in 20 states - none in Massachusetts - from a meningitis outbreak linked to tainted steroids manufactured at the Framingham-based New England Compounding Center. Patch File Photo.
Originally posted on May 6. Updated on May 7 for newsletter.

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A $100 million settlement for the victims of a deadly fungal meningitis outbreak that was linked to Framingham-based New England Compounding Center was filed in U.S. Bankruptcy Court in Boston on Tuesday.

Editor's Note: I am Night 4 of Town Meeting and will have a full report later.

The settlement still requires approval from Judge Henry J. Boroff before distributions can be made to victims.

A trustee, Paul D. Moore, who was assigned to the case, said in a statement, he hoped the process could be completed by the end of 2014.

"The commitment from the outset of the shareholders of NECC and their families to make a substantial contribution to a fund for those who died or suffered significant injuries as a result of the outbreak resulted in an expeditious consensual agreement with them," Moore said in a statement.

In 2012, the owners of New England Compounding Center filed for bankrupty.

Under the agreement, the owner would personally be responsible to contribute $50 million to the settlement fund. Insurers would be expected to contribute another $25 million.

More than 750 individuals and at least 64 people died in 20 states - none in Massachusetts - from a meningitis outbreak linked to tainted steroids manufactured at the Framingham-based New England Compounding Center.


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