Newspaper article St Louis Post-Dispatch (MO)

Mallinckrodt Ends Membership with Major Trade Association

Newspaper article St Louis Post-Dispatch (MO)

Mallinckrodt Ends Membership with Major Trade Association

Article excerpt

Mallinckrodt is no longer a member of a Washington-based trade group that represents drugmakers.

The company's resignation comes amid a "comprehensive review" of membership criteria initiated in February by the Pharmaceutical Research and Manufacturers of America, known as PhRMA, Holly Campbell, spokeswoman for the organization, said Thursday.

Potential changes to membership criteria are expected to be announced in May.

The association that represents some of the largest drugmakers says membership is for reserved for a company with U.S. operations that is "predominantly engaged in the research, manufacturing and marketing of innovative finished dosage prescription pharmaceutical or biological medicines."

A Mallinckrodt spokesperson in a statement Thursday said the company "routinely evaluates its engagement in trade associations and policy organizations and has concluded that the significant financial and time commitment required as a full PhRMA member outweighs its direct policy value to us at this time, given our present size and staff footprint. …

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