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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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Business Focus broke the news in on Wednesday, March 12, 2025.
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