Pharma BD Deal Intelligence

Mallinckrodt plc / Therakos, Inc.

2015 · Acquisition/Merger · $1.3B · Complete

CALLED IT — OFF BY 2
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The coverage arc

Aug 04, 2015 FiercePharma Bullish

Mallinckrodt expands its hospital growth platform with the $1.325B Therakos acquisition, broadening exposure to immunotherapy and recurring photopheresis…

Sep 28, 2015 BioSpace Neutral

The acquisition closes, adding Therakos's global photopheresis franchise and expected $185-195M in FY2015 sales to Mallinckrodt's specialty hospital portfolio.

Aug 20, 2024 FierceBiotech Bearish

Nine years after paying $1.325B, Mallinckrodt sold Therakos to CVC for $925M to reduce net debt by over 60%, suggesting the original acquisition price did not…

Source summaries from our enrichment pipeline; follow links for originals.

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Mallinckrodt acquired Therakos from The Gores Group for approximately $1.325B, adding the global leader in autologous immune cell therapy via extracorporeal photopheresis. Closed September 28, 2015. Mallinckrodt later divested Therakos to CVC Capital for $925M (2021).

Did it work? Outcome assessment

Strategic verdict
Partially Achieved
Financial impact
Accretive
Pipeline outcome
Assets Advanced

Key facts

Related deals — scored

DealYearValueOutcome
Mallinckrodt plc / Therakos, Inc. (this deal)2015$1.3B48
Mallinckrodt plc / Cadence Pharmaceuticals, Inc.2014$1.4B50
Mallinckrodt plc / Ikaria, Inc.2015$2.3B37
Mallinckrodt plc / Sucampo Pharmaceuticals, Inc.2017$1.2B19
Mallinckrodt plc / Questcor Pharmaceuticals, Inc.2014$5.6B18
Mallinckrodt plc / InfaCare Pharmaceutical Corporation2017$425M12
Amgen Inc. / Micromet Inc.2012$1.2B88

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