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Mallinckrodt acquires Ikaria Inc. for $2.3 billion and with it Inomax (inhaled nitric oxide).

Read time: 1 mins
Last updated:20th Apr 2015
Published:20th Apr 2015
Source: Pharmawand
Mallinckrodt plc, a leading specialty biopharmaceutical company, announced that it has completed its acquisition of Ikaria, Inc. at a purchase price of approximately $2.3 billion. The Ikaria acquisition extends Mallinckrodt's footprint in the hospital market and expands its reach into neonatal critical care with Inomax (inhaled nitric oxide), a vital treatment option for a highly vulnerable patient population. It also accelerates Mallinckrodt's rapid growth in specialty brands -- adding significant portfolio diversity with a high-value, high-margin integrated drug-device-service product offering.

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