Mallinckrodt floats $1.6B opioid deal, bankruptcy for specialty generics unit
Hamstrung by opioid lawsuits and mounting debt, opioid maker Mallinckrodt has spent the past few months taking a hard look at bankruptcy to help cover its debts. Now, with a massive opioid settlement in the works, Mallinckrodt’s specialty generics business will enter court-supervised restructuring to help secure its hefty payments. Mallinckrodt has agreed to a $1.6 […]