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Owners Of Pharmacy Tied To Meningitis Get High Pay
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.
The filing late Friday also showed the company was growing increasingly prosperous. Before the company shut down in early October, its net sales were $32 million and on pace to double in just two years.
The firm filed for Chapter 11 bankruptcy protection in late December.
The NECC produced a contaminated steroid blamed for a fungal meningitis outbreak that has killed 44 and sickened more than 600.
This article was originally published on January 22, 2013.
This program aired on January 22, 2013. The audio for this program is not available.