Tagged: New England Compounding Center

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New England News
8:00 pm
Thu March 7, 2013

Judge Orders Seizure of Mass. Pharmacy Owners' Homes

SPRINGFIELD, Mass. (AP) — A bankruptcy court judge has ordered the homes of the owners of a Massachusetts pharmacy seized as they face lawsuits related to a nationwide meningitis outbreak.

The homes' combined value was estimated at about $21 million at the time of the January order, filed with the court Wednesday.

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New England News
9:00 pm
Thu January 24, 2013

Attorney: Pharmacy tied to outbreak paid out $70M

SPRINGFIELD, Mass. (AP) — An attorney says a Massachusetts pharmacy blamed for a nationwide meningitis outbreak paid out more than $70 million to its owners and their other companies in the last six years.

Creditors' attorney David Molton made the disclosure Thursday at a U.S. Bankruptcy Court hearing. At the hearing, Judge Henry Boroff gave a committee of creditors the right to seek a freeze on the New England Compounding Center's assets.

Molton had argued the company had a history of removing its assets.

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New England News
7:00 pm
Tue January 22, 2013

Mass. Pharmacy Owners Received Millions Before Bankruptcy

BOSTON (AP) — The owners of a pharmacy linked to a fatal meningitis outbreak received more than $16 million in wages and payouts during the firm's final months.

Four family members who served as the New England Compounding Center's directors received the money between the end of December 2011 and the end of November 2012.

Records show the Framingham firm's majority shareholder, Carla Conigliaro, received the largest amount, $8.7 million.

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New England News
7:29 am
Tue November 20, 2012

Company Linked to Meningitis Illness Denies Claims

Credit Stephan Savoia

  A Massachusetts company has denied negligence in connection with a steroid linked to a fungal meningitis outbreak that has claimed 34 lives nationwide.

New England Compounding Pharmacy filed documents Monday in response to a federal lawsuit in Minnesota. Barbe Puro claims she suffered emotional distress after receiving a steroid that may have been contaminated.

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New England News
4:48 pm
Fri November 2, 2012

Ameridose Agrees to Extend Closure

A company with the same founders as a specialty pharmacy tied to a deadly meningitis outbreak has agreed to extend its voluntary closure until Nov. 19.

Ameridose shut down for inspection Oct. 10 amid a growing outbreak linked to a tainted steroid made by the New England Compounding Center. Ameridose and NECC have the same founders, Barry Cadden and Greg Conigliaro, though Cadden has since resigned from Ameridose.

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