Mallinckrodt (MNK) PT, Estimates Lowered at Leerink Partners Following Mixed Q3

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Mallinckrodt plc Reports Fiscal 2015 Third Quarter Financial Results

August 4, 2015 6:55 AM EDT

CHESTERFIELD, United Kingdom, Aug. 4, 2015 /PRNewswire/ -- Mallinckrodt plc (NYSE: MNK), a leading global specialty biopharmaceutical company, today reported results for the third quarter of fiscal 2015, which ended June 26, 2015.

Net sales were $965.1 million compared with $653.1 million in the third quarter of fiscal 2014, an increase of 47.8%. The increase was primarily driven by the inclusion in the company's portfolio of H.P. Acthar® Gel (repository corticotropin injection) and INOMAX® (nitric oxide) for... More