Ireland needs to tackle ‘zombie’ companies, says leading law firm
‘Awful lot of businesses with a broken balance sheets,’ says McCann Fitzgerald
Mallinckrodt liquidation would trigger $5.2bn financial hole, court told
Dublin-based but US-run drugmaker needs debt restructuring plan, experts say
Mallinckrodt to file Ireland’s second-largest examinership case within days
Irish court will be asked to rubberstamp $1.3 billion debt reduction plan agreed in US
Mallinckrodt faces investor revolt over opioid crisis handling
Shareholder advisory group Glass Lewis urges action against directors over executive pay
Mallinckrodt bankruptcy row set to be aired in Irish court
Dissident shareholders claim suppression of rights as US drugmaker is restructured
Irish-based Mallinckrodt files for bankruptcy protection
Lawsuits in US claim company profited from country’s opioid epidemic
European stocks sink further as pandemic fears hit buying
Iseq closes lower with banks down over 4%, while Dalata up 3.5% after strong results
US opioid epidemic: drug companies reach $260m settlement
Four firms avert federal trial, with Walgreens Boots Alliance now the sole defendant
US opioid ruling redraws the lines for Big Pharma
About 400,000 people are thought to have died in US opioid epidemic
Ripple effect from Oklahoma opioid judgment deeply felt
Big decisions for drug firms to make ahead of decisive Ohio trial of almost 2,000 actions
Johnson & Johnson to appeal $572m fine for ‘misleading marketing’
Court found healthcare group is liable for costs of treating opioid addiciton
Veolia to lease 11,000sq ft of office space at new HQ in Blanchardstown
Letting believed to be at rent of €23 per sq ft suggests high-spec space in D15 is sparse
Broad-based strengths
Barry McCall looks at some of the standout features of Ireland’s life sciences landscape
Mallinckrodt shares fall 32% on foot of poor quarterly revenue
Irish-domiciled pharma warns of slower sales of Acthar, its biggest revenue earner
Mylan slashes earnings forecast on US generics price cuts
Earnings undershoot forecasts in second quarter despite acquisitions
Mallinckrodt shorted by US investment group over Acthar drug
Irish-headquartered pharma group accused of ‘murky alliance’ that boosts the price of drug acquired in Questcor deal
Mallinckrodt to create up to 45 jobs in Blanchardstown
US pharma group has just opened its global medical device engineering centre at the site
Irish-based pharma group in $100m illegal pricing settlement
Mallinckrodt accused of boosting price of rare autoimmune drug by 85,000%
Business Week: State limbering up for Budget 2017
Job announcements, the Bahamas and property prices also in the news
Pharma company Mallinckrodt to create 75 new jobs in Dublin
Mallinckrodt to base global R&D facility for medical devices in Blanchardstown
Mallinckrodt raises forecast after strong third quarter
Covidien pharma spin-off reports big jump in sales of specilaty branded products
Global stock markets edge down after weak US jobs data
In Dublin Smurfit Kappa is buoyed by better-than-expected trading update
Iseq lags as rising oil keeps European indices afloat
Poor performances from Aryzta and Bank of Ireland drag down Iseq
Mallinckrodt won’t give up Irish home
CEO says ‘pretty dramatic change’ in US tax code would be needed to move back
European stocks hit by commodity slump
CRH and Paddy Power both rise, with slight falls for Ryanair and Smurfit Kappa
Drug price query by US Democrats sees Valeant slide
Valeant Pharmaceuticals shares shed a further $4.30, or 2.58 per cent
Mallinckrodt buys drugmaker Therakos for $1.33bn
Dublin-based pharma group pencils in potential sales of more than $500m for skin cancer therapy
Mallinckrodt to create 45 new jobs with €45m investment
Company establishing a new manufacturing facility in Dublin
Trinity College names Geraldine Ruane as chief operating officer
Elsewhere, Smurfit School in UCD announces eight new faculty members on back of record admissions
US Congress urged to prevent ‘tax inversions’
Deals under scrutiny include Medtronic’s €31.3 billion acquisition of Irish firm Covidien
Ireland’s tax regime comes under US spotlight again
United States congress reveals scale of corporate relocations to cut taxes
Medical device chief with a healthy outlook on business
Innovation and adaptation are key strategies for Dublin-based multinational healthcare company Covidien, says its Brazilian CEO, José E Almeida
Mergers and acquisitions activity hits €6.1bn in first quarter
Centrica’s acquisition of Bord Gáis Energy for €1.1bn among high-profile transactions
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