# Mallinckrodt

Mallinckrodt is an Asset Manager based in Hazelwood, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Hazelwood, United States
- **Region:** North America
- **Address:** Hazelwood, MO, United States
- **Assets under management:** Undisclosed
- **Website:** mallinckrodt.com

## Regulatory record

- **Reports private funds:** No

## About

Mallinckrodt and Endo are merging to create a leading global therapeutics company with branded and generic products. Stay tuned for updates.

## Sectors

- Healthcare Services
- Industrial Tech

## Questions

### What is the corporate structure of Mallinckrodt after the Endo merger?

Mallinckrodt merged with Endo on July 31, 2025. By November 2025, the combined company had split into two independent entities: Keenova Therapeutics — the branded specialty-pharmaceuticals arm — and Par Health, the generics, sterile injectables, and API business. Both operate as separate companies under the Mallinckrodt parent.

### How are Keenova and Par Health differentiated as investment exposures?

Keenova concentrates on rare, stigmatized, and under-addressed conditions in immunology, urology, hepatology, ophthalmology, orthopedics, and critical care — a branded, innovation-driven model. Par Health is a scaled essential-medicine manufacturer producing high-volume generics, sterile injectables, and APIs, supported by a U.S.-advantaged manufacturing base with over 4,000 employees.

### What is the geographic scope of Mallinckrodt's operations?

Par Health maintains a global workforce of over 4,000 team members, with manufacturing that the company describes as U.S.-advantaged. Keenova's geographic sales footprint has not been separately detailed, but the parent historically served international pharmaceutical markets.

### Are there any disclosed investment vehicles, funds, or third-party capital managed by Mallinckrodt?

No separate funds, co-investment vehicles, or third-party capital pools have been publicly disclosed. The structure is that of an operating parent with two wholly owned independent subsidiaries. No filings or firm statements reference an affiliated investment manager.

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Last updated: 2026-06-03T20:00:00.000Z

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