Credit: Jonathan Weiss/Shutterstock.com Chancery Court Rejects Motion to Derail Cancer Drugs Case, Finding Complaint Met 'Caremark' Standard
In their complaint, shareholders alleged Oncology Supply Pharmacy Services passed itself off as a legitimate, licensed pharmacy but evaded oversight from the U.S. Food and Drug Administration and that AmerisourceBergen's directors didn't meet their duties to the corporation by missing and ignoring red flags.
August 25, 2020 at 08:11 PM
6 minute read
Shareholders can proceed with their claims that AmerisourceBergen Corp.'s directors knew of and failed to stop a subsidiary's illegal distribution of oncology drugs, the Delaware Court of Chancery ruled.
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