• 11/26/2024

Mallinckrodt Bankruptcy Plan Gets Approval, Will Wipe Out $1 Billion in Opioid Payments

Wall Street Journal

Mallinckrodt, one of the largest manufacturers of prescription opioids in the U.S., received court approval for a plan that wipes out more than $1 billion of payments meant for addicts while handing control of the pharmaceutical company to its lenders.

https://www.wsj.com/articles/mallinckrodt-bankruptcy-plan-gets-approval-will-wipe-out-1-billion-in-opioid-payments-3413be64