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March 7, 2005 |
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University of San Francisco School of Nursing has received an $800,000 gift
from the “Vitamin Cases Consumer Settlement Fund.” The money
will be used to establish an endowed scholarship account to provide annual
scholarships to high-need students pursuing the Masters Entry Option at
the nursing school. The MEO program gives students with a non-nursing baccalaureate
degree the opportunity to earn a Masters of Science in Nursing The settlement came out of anti-trust litigation targeting three Japanese and two European drug companies that controlled about 80 percent of the global vitamin market. The companies allegedly conspired to fix prices for such vitamins as A, B, C, E and H. The law firm Saveri and Saveri brought and settled the suit against the vitamin makers for $12.98 million. Later, the firm issued a request for proposals from non-profit groups to provide nutrition services and public health advocacy in California. |
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