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Tag:
Pharmaceutical Industry
Harrisburg, PA
News
$49M Settlement Over Drug Price Manipulation Could Benefit Consumers: PA AG
If you purchased certain generic prescription drugs between 2010 and 2016, you might be eligible for a refund as part of a $49.1 million multistate settlement, Pennsylvania Attorney General Michelle Henry announced on Monday, Nov. 4. Pennsylvania joined 50 states and territories in a settlement with Heritage Pharmaceuticals and Apotex over alleged price manipulation and market control, impacting consumers by inflating prices and limiting competition. The companies will pay a combined $49.1 million and cooperate in ongoing multistate litigation, led by Connecticut, targeting 30 companies and …
Springfield, MA
Obituaries
Passionate, Always Smiling: Loved Ones Remember Mom, Son Killed In Western Mass Murder-Suicide
Driven and walking: That's how family and friends remembered Dylan and Sima Pariseau, the mother and son killed in a murder-suicide in Hampden County earlier this month. Sima's longtime partner, Peter Donaldson, is believed to have shot and killed the two in the basement of their home in Wilbraham home on June 16 before turning the gun on himself, the Hampden District Attorney's Office has said. Related: Police Release Details, IDs In Wilbraham Murder-Suicide Obituaries for the Pariseaus paint the picture of a passionate young man at the beginning of a promising career and…
Lynn, MA
News
Company At Fault In Explosion That Killed Father Of 2 In Newburyport:
Osha
After an investigation, the Occupational Safety and Health Administration found that a Newburyport pharmaceutical company could have prevented the death of one of its employees if it had followed safety protocols. The federal agency suggested $300,000 in fines. Jack O'Keefe, 62, of Methuen, was killed when a pressure vessel exploded at a Seqens plant in May, partially tearing the roof off of the building. Photos from the explosion show pieces of large machines thrown hundreds of feet outside of the building. We expect to remain on scene throughout the day, and lik…
Elizabeth, NJ
Obituaries
Longtime Cranford Resident Jane Heyburn Dies, 60
Longtime Cranford resident Jane Heyburn died on March 18, surrounded by her family at home, her obituary says. She was 60 years old. A 1980 graduate of Cranford High School, Jane went on to earn her degree in business management from the University of Phoenix, prior to a 38-year career in the pharmaceutical industry, according to her obituary. Jane was being remembered as an avid gardener who loved to dance and spend time at the Jersey Shore. She is survived by her husband, Don; daughters Alexandra and Jessica; sisters Elizabeth Curry and Laureen Eldridge; and a host of nieces, nephews and…
Mamaroneck, NY
Obituaries
Former Chief Of Larchmont Fire Department Dies At 55
A man who was once the fire chief of a department in Westchester County has died. Brian Payne of Larchmont died on Saturday, Nov. 12 at the age of 55, according to his obituary. Payne, a longtime member of the Larchmont Fire Department from 1989 to 2007, served as Chief from 2001 to 2004, and was also a committed member of the Town of Mamaroneck Fire Department from 2007 until his death, his obituary said. Payne enjoyed the sense of camaraderie that came with volunteering, according to his obituary. "He loved the sense of community of both departments, and in learni…
Briarcliff, NY
News
NY Jury Finds Pharmaceutical Company Liable In Opioids Case
Teva Pharmaceuticals, the last remaining defendant in a New York trial against opioid defendants, has been found liable for creating a public nuisance through its manufacture, sale, and distribution of opioids. The verdict from a Long Island Supreme Court jury came Thursday, Dec. 30, after six months of testimony in a trial brought by the State Attorney's General Office, along with Nassau and Suffolk counties. “This is a significant day for New York state. This is a significant day for this nation. But, more importantly, this is a significant day for every family and community torn apart by…
Lewisboro, NY
Business
Closure By Company In Area To Result In 72 Layoffs
Dozens of employees at a Hudson Valley company will be out of a job as the plant plans to move its operations out of state within the next two years. In Putnam County, Carmel-based Silarx Pharmaceuticals, which has been a fixture in the region for more than six years, filed papers with the state with the intention to transfer production to a facility in Indiana. The move will result in layoffs for all 72 of the pharmaceutical company’s employees, who are expected to be let go between March 2022 and June 2023, when it plans to move out of the Hudson Valley. Silarx Pharmaceuticals was founde…
Fort Lee, NJ
News
Feds Charge Bergen Drug Company Owner With Embezzling $3.9M
Federal agents arrested the former chief executive officer and owner of a Bergen County pharmaceutical firm on Monday and charged him with embezzling millions of dollars from the company, authorities confirmed. John Klein, 75, transferred $3.9 million into an account that he tapped, in part, to pay credit cards charges for him and his wife, as well as for his kid's tuition, Acting U.S. Attorney Rachael A. Honig said. Formerly of Alpine and currently living in Palisades Park, Klein has been sued in federal court by several people with whom he either worked or collected investment money from …
Brentwood, NY
News
Long Island Man Admits Scamming $3.5M From Investors
A Long Island man admitted on Monday, Nov. 1 that he scammed investors in a purportedly revolutionary new aspirin out of $3.5 million that he used as his own personal piggy bank. Donald A. Milne III, a 57-year-old repeat offender from Massapequa, defrauded more than 70 victims from throughout the country who thought they'd invested in Instaprin Pharmaceuticals, which he touted as a “fast-acting form of powdered aspirin that could instantly stop heart attacks and strokes," Acting US Attorney for the District of New Jersey Rachael A. Honig said. He used the money instead for a Caribbean vacat…
Massapequa, NY
News
NY, Other States Reach $4.5B Settlement With Purdue Pharma Over Its Role In Opioid Epidemic
New York is joining several other states in winning a multi-billion dollar settlement - one of the largest in the country’s history - with Purdue Pharma for its role in the opioid epidemic that has plagued the US for years. Gov. Andrew Cuomo announced a $4.5 billion settlement with the pharmaceutical company that will put them out of business after falsely marketing its products to get Americans hooked on opioids. The owners of Purdue Pharma, the Sackler family, will pay out a total of $4.325 billion over the next nine years, with New York State receiving approximately $200 million. Cuomo …
Armonk, NY
Real Estate
Prime Vacant Office Space Soars To 62 Percent In Northern Westchester
According to the latest quarterly report by JLL, the vacancy rate for office space has hit 62 percent in Northern Westchester, more than three times higher than submarkets in southern Westchester, which have a combined vacancy rate of approximately 20 percent. JLL's research from the third quarter of 2017 also founds rents are down in general and that countywide, the vacancy rate is nearing 25 percent -- nearly five percent higher than 2013. It remains to be seen whether the IBM and Pepsi campuses in Somers will have futures as multi-tenant offices, the JLL report said. Average asking re…
