Close

Mallinckrodt (MNK) to Acquire Stratatech

Go back to Mallinckrodt (MNK) to Acquire Stratatech

Mallinckrodt To Acquire Stratatech Corporation, A Regenerative Medicine Company Focused On Proprietary Therapeutic Human Skin Substitute Products

August 10, 2016 5:45 PM EDT

CHESTERFIELD, United Kingdom, Aug. 10, 2016 /PRNewswire/ -- Mallinckrodt plc (NYSE: MNK), a leading global specialty pharmaceutical company, today announced that it has entered into a merger agreement with Stratatech Corporation, a privately held regenerative medicine company focused on the development of unique, proprietary skin substitute products. Developmental products include StrataGraft regenerative skin tissue and a technology platform for genetically enhanced skin tissues. Financial terms of the transaction were not disclosed.

Stratatech's... More