Mallinckrodt to take over Endo in deal valued at $6.7 billion
- Mallinckrodt and Endo will merge in a deal valued at $6.7 billion to enhance their branded drug sales capabilities.
- Endo shareholders will receive $80 million in cash and own 49.9% of the merged entity, with Mallinckrodt shareholders owning the remainder.
- The merger is projected to generate $3.6 billion in revenue in 2025 and will include products like Endo's Aveed and Mallinckrodt's Acthar gel.
- Mallinckrodt CEO Siggi Olafsson will lead the new company, expected to close in the second half of 2025, pending shareholder and regulatory approval.
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23 Articles
23 Articles
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Left
2
Center
8
Right
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Coverage Details
Total News Sources23
Leaning Left2Leaning Right2Center8Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 17%
C 67%
R 17%
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