A star drug in Mallinckrodt’s $1.2B Sucampo buyout flops in pivotal trial

Some of the insiders at Mallinckrodt $MNK may be wondering today why they paid $1.2 billion for Sucampo just 10 months ago. One of the two late-stage drugs they bagged in the deal has failed the registration study for often fatal cases of Niemann-Pick type C.