The US-centred and Dublin-headquartered pharmaceutical group Mallinckrodt is expected to enter examinership for the second time in less than two years after a previous restructuring failed to give it enough runway. A small factory at the IDA’s College Park in Blanchardstown is not only the pharma giant’s registered head office, but also the owner of the multi-billion-dollar intellectual property behind its highest-value drugs, such as the anti-inflammatory Acthar and a suite of immunotherapy, lung and kidney treatments. This Irish presence already triggered the largest examinership in the history of the State in January 2022, when costly litigation on multiple fronts…
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