Board of Works accepts bankruptcy of opioid company | New


The board of directors passed a resolution on Tuesday morning that would accept the bankruptcy of a pharmaceutical company that has pushed opioids as a medical treatment.

Mallinckrodt Pharmaceuticals filed for bankruptcy in 2020 after more than 3,000 lawsuits claiming they irresponsibly pressured doctors to prescribe opioid drugs. These lawsuits come from all 50 states.

Mallinckrodt created generic versions of oxycodone and hydrocodone, said city lawyer Jenny Meltzer.

“The allegations against them are that they pushed these drugs harder than they should have,” she said. “The way they pushed them to the doctors was careless and irresponsible. ”

Mallinckrodt has submitted a restructuring plan to the U.S. bankruptcy court, which will put $ 1.6 billion in a fund that will be divided among states for local governments to use to ease the opioid crisis.

By adopting this resolution, the city will be able to receive part of this funding.

Other business

In other cases, the Works Council approved Capone’s Downtown Speakeasy’s temporary use of two parking spaces on North Harrison Street for a food truck on September 24.

The spaces will be closed from 4 p.m. to 10 p.m. This is a private event that CoreVision Financial Group is organizing for its clients at Capone, so the food truck will not be open to the public.

Mayor Tom DeBaun called the event a “small test” of the types of events the new plaza layout will allow and encourage.

Finally, the council issued an appearance order for the owners of 132 E. Mechanic Street. Plan director Adam Rude said it was harmful property.

This particular property is a rental, and the board has indicated that they do not know the company that is renting it.

Three previous attendance orders that were scheduled for Tuesday’s meeting were resolved ahead of the meeting.

Source link


About Author

Leave A Reply