Mallinckrodt Agrees to $1.6 Billion Opioid Settlement, Unit to File Chapter 11

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Claims Journal - Feb 25, 2020

Mallinckrodt Plc said on Tuesday its specialty generic unit would file for bankruptcy after agreeing to pay $1.6 billion over eight years to settle opioid-related lawsuits globally, sending the drugmaker’s shares up 48%. The settlement was reached with a court-appointed …...

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