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Mallinckrodt plc

Drug Names(s): Inhaled carbon monoxide (iCO), Covox

Description: IK-2001 is inhaled carbon monoxide (iCO), an endogenous (naturally produced by the body) mediator of a number of biologic processes.

Deal Structure: Mallinckrodt and Ikaria
In March 2015, Mallinckrodt announced that they have entered into a definitive agreement under which a subsidiary of Mallinckrodt will acquire Ikaria in a transaction valued at approximately $2.3 billion.

In April 2015, Mallinckrodt completed its acquisition of Ikaria at a purchase price of approximately $2.3 billion. The all-cash transaction is expected to add at least $150 million in net sales and be accretive to the company's fiscal year 2015 adjusted diluted earnings per share by at least $0.25 per share.

IK-2001 News

Pink Sheet Advanced Therapies

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