The Boston-area pharmacy connected to a deadly meningitis outbreak filed for bankruptcy protection Friday. The Associated Press reported the New England Compounding Center filed for Chapter 11 in U.S. Bankruptcy Court. The action shields the company from the threat of creditor lawsuits.
Contaminated steroids from company have been blamed for 39 deaths and 620 illnesses. About a dozen Minnesotans were sickened after receiving tainted injections.
In the bankruptcy filing, the compounding pharmacy said 130 lawsuits have been filed against it. In addition, the company said it has plans to set up a fund for victims.