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Meningitis outbreak: $100 million settlement reached

The meningitis vaccine is seen in this undated file photo.
December 24, 2013 12:00:00 AM PST
A deal worth more than $100 million has been reached that would set up a compensation fund for the victims of a nationwide meningitis outbreak.

Attorneys for creditors and the owners of a Massachusetts pharmacy linked to the outbreak say they've reached a preliminary settlement, but the deal needs approval from a bankruptcy judge.

New England Compounding Center gave up its license and filed for bankruptcy protection after it was flooded with hundreds of lawsuits from people who received tainted steroid injections.

Since the contaminated steroids were discovered, 750 people have developed fungal meningitis or other infections and 64 people have died.

The company's owners deny liability or any wrongdoing but say they want to play a major role in establishing a fund for people who died or suffered.

Meningitis symptoms can include fever, headache, a rash, body aches and nausea. Meningitis can be spread through kissing, coughing or lengthy contact.

Victims have until Jan. 15 to file claims.

The Associated Press contributed to this report.


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