Maintenance. We are currently updating the site. Please check back shortly

Thomson Reuters Foundation

Inform - Connect - Empower

REFILE-Meningitis-linked pharmacy owners got millions-court papers

Source: Thomson Reuters Foundation - Tue, 22 Jan 2013 15:33 GMT
Author: Reuters
hum-dis
Tweet Recommend Google + LinkedIn Email Print
Leave us a comment

(Corrects spelling of "meningitis" in headline)

BOSTON, Jan 22 (Reuters) - The owners of the pharmacy linked to a deadly U.S. meningitis outbreak received at least ${esc.dollar}16 million in salaries and shareholders distributions in 2012, according to papers filed in U.S. Bankruptcy Court.

New England Compounding Center owner Carla Conigliaro, the largest shareholder in the privately held company, received nearly ${esc.dollar}9 million in 2012, according to court papers. Barry Cadden, NECC's chief pharmacist, received about ${esc.dollar}3.2 million in 2012, filings show.

The filings also showed that NECC, based in Framingham, Massachusetts, also made lease payments for BMW and Mercedes Benz automobiles.

NECC filed for bankruptcy protection last month after U.S. authorities shut down its pharmacy operations amid a meningitis outbreak that has killed 44 people and sickened 678 others, according to the U.S. Centers for Disease Control.

NECC shipped thousands of vials of a fungus-tainted steroid to medical facilities throughout the United States, according to authorities. (Reporting by Tim McLaughlin; Editing by Lisa Von Ahn)

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of the Thomson Reuters Foundation. For more information see our Acceptable Use Policy.

comments powered by Disqus
Most Popular
TOPICAL CONTENT
Topical content
LATEST SLIDESHOW

Latest slideshow

See allSee all
FEATURED JOBS
Featured jobs