Mallinckrodt plc — Ethics Grade F

Mallinckrodt plc receives an overall ethics grade of F (12/100) on CancelCo's corporate accountability database. Sector: Pharmaceuticals. Market cap: Small Cap.

Category scores

• labor: 45
• privacy: 80
• consumer: 5
• environment: 40
• humanRights: 20

Documented incidents (3)

• Opioid Litigation Settlement (high, 2022) — The company filed for bankruptcy to settle massive liabilities related to its role in the US opioid epidemic, specifically for aggressive marketing of oxycodone.
• Acthar Gel Price Hikes (high, 2020) — Mallinckrodt paid $260 million to resolve allegations that it underpaid Medicaid rebates after hiking the price of the life-saving drug Acthar Gel by over 80,000% since obtaining the rights.
• Whistleblower Bribery Case (medium, 2019) — Allegations that the company provided kickbacks to doctors and pharmacies to promote its expensive drug Acthar Gel over cheaper alternatives.

Documented good deeds

• Drug Disposal Kits — Donated millions of drug deactivation pouches to communities to help prevent prescription drug abuse and misuse.

Ethical alternatives

• Cost Plus Drugs — Transparent pricing model eliminating middlemen and excessive markups on generic medications.