HAZELWOOD, Mo.--(BUSINESS WIRE)--Mallinckrodt (NYSE: MNK) announced today that it has entered into an agreement with Amneal Pharmaceuticals LLC to distribute to addiction treatment centers its Buprenorphine HCl and Naloxone HCl Dihydrate Sublingual Tablets (CIII), a generic version of Suboxone®, manufactured in Amneal’s Hauppauge, New York, facility. The product is a prescription medication indicated for the maintenance treatment of opioid dependence. The contract covers a period of three years, with an option to extend.
“The core competencies we have built during the course of our 145-year history, particularly our extensive distribution network and expertise in handling controlled substances, make us an ideal partner for Amneal”
Mallinckrodt is a major supplier of generic opioid dependence products to U.S. addiction treatment centers. The Company is leveraging its long-established supply chain expertise to extend the number of products it distributes to these centers.
“The core competencies we have built during the course of our 145-year history, particularly our extensive distribution network and expertise in handling controlled substances, make us an ideal partner for Amneal,” said Walt Kaczmarek, Vice President and General Manager, Specialty Generics, Mallinckrodt. “This agreement demonstrates our continued focus to unlock our potential and drive growth based on what we do well, within our generic specialty pharmaceuticals business.”
This collaboration, the first between Mallinckrodt and Amneal, covers both strengths of Buprenorphine HCl and Naloxone HCl Dihydrate Sublingual Tablets (CIII) available on the market, the 8 mg/2 mg dosage strength and the 2 mg/0.5 mg dosage strength.
Mallinckrodt is a leading global specialty pharmaceuticals business that develops, manufactures, markets, and distributes specialty pharmaceutical products and medical imaging agents. The Company’s Specialty Pharmaceuticals segment includes branded and generic drugs, and the Global Medical Imaging segment includes contrast media and nuclear imaging agents. Mallinckrodt has approximately 5,500 employees worldwide with a direct sales presence in roughly 50 countries and distribution in approximately 40 other countries. The Company’s 2012 revenue totaled $2.1 billion. To learn more about Mallinckrodt, visit www.mallinckrodt.com.
Amneal Pharmaceuticals, LLC, is a U.S.-based manufacturer of generic pharmaceuticals. Known as “Generic’s New Generation,” Amneal prides itself on its unwavering commitment to quality, meaningful business relationships, and innovative approach to maximizing value for all stakeholders. Extensive investment in R&D, an intelligently aggressive expansion strategy, and focus on vertical integration are key contributors to the company’s impressive growth over the past several years. Amneal is headquartered in Bridgewater, New Jersey, with manufacturing, R&D, packaging, sales and distribution facilities throughout the U.S. as well as abroad. For more information, visit www.amneal.com.
Suboxone is a registered trademark of Reckitt Benckiser Healthcare (UK) Limited.
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