Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Nuvo Sues Mallinckrodt Over Drug-Development Agreement

Mallinckrodt Inc. was sued in federal court and accused by its business partner Nuvo Research Inc. of violating an agreement over drug development. Nuvo is seeking $100 million in damages.

Nuvo, based in Misissauga, Canada, contends St. Louis-based Mallinckrodt was given a U.S. license for the anti-inflammatory arthritis knee-pain medicine Pennsaid and failed to make milestone payments or conduct required clinical trials, according to court papers filed yesterday in U.S. District Court in Manhattan.

“We are disappointed that we have had to initiate legal proceedings against Mallinckrodt,” John London, Nuvo’s president and co-chief executive officer, said in a statement. The company’s board took legal action “to protect the interests of Nuvo and its shareholders,” he said.

Mallinckrodt doesn’t comment on pending litigation, Lynn Philips, media relations manager, said in a telephone interview.

The case is Nuvo Research Inc. v. Mallinckrodt Inc., 13-cv-05831, U.S. District Court, Southern District of New York (Manhattan).

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.