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Mallinckrodt Splurges Up To $410m On Three Hemostasis Drugs

This article was originally published in Scrip

Executive Summary

Mallinckrodt PLC is buying three commercial-stage topical hemostasis drugs – Recothrom Thrombin topical (recombinant), PreveLeak Surgical Sealant, and Raplixa (Fibrin Sealant) from The Medicines Company for an initial payment of $175m that includes existing inventory. However, the value of the deal could rise by $235m subject to future milestone payments and the total could reach up to $410m.

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