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  • Reuters9 months ago

    Mallinckrodt to pay $100 mln to settle U.S. probe on drug pricing

    Mallinckrodt Plc has agreed to pay $100 million to settle allegations that a subsidiary broke U.S. antitrust law by sharply increasing the price of a multiple sclerosis drug while ensuring that no rival medicine appeared on the market, the Federal Trade Commission said on Wednesday. Mallinckrodt's share price dropped sharply to just under $43 from above $49 on a report Wednesday, which proved incorrect, that the FTC would sue Mallinckrodt. In 2001, Questcor bought the rights to Acthar, a type of hormone-based drug used to treat infantile spasms as well as multiple sclerosis.

  • TheStreet.com9 months ago

    Mallinckrodt Hit With $100M Fine for Squelching Rival to Infant Seizure Drug

    Regulators say company squelched competing drug for infant seizures.

  • Reuters9 months ago

    FTC, states settle with Mallinckrodt over Acthar

    Mallinckrodt Plc, which bought Questcor Pharmaceuticals in 2014, has agreed to pay $100 million to settle allegations that Questcor broke antitrust law in pricing its multiple sclerosis drug H.P. Acthar ...