Mallinckrodt Plans Spin-Off Of Specialty Generics Business

 
• By Grace Montgomery

Disposing of its Specialty Generics business and becoming “brands-focused” has long been on Mallinckrodt’s agenda. The firm has now revealed plans to spin-off its generics division, while its remaining company will focus on innovative products.

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Mallinckrodt plans to spin-off generics unit • Source: Shutterstock

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