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Fly News Breaks for April 12, 2018
VRX, MNK
Apr 12, 2018 | 15:39 EDT
Wells Fargo analyst David Maris said he found reference to a lawsuit filed by a Rasivinder Dhaliwal against Salix Pharmaceuticals in January 2015, thought he has not been able to confirm that this Rasivinder Dhaliwal is the same one who filed a recent whistleblower lawsuit against Mallinckrodt (MNK). Maris previously stated in a note to investors earlier today that Mallinckrodt strongly disagrees with the allegations, believes the suit is baseless, and plans to defend itself vigorously. The Fly notes that Valeant (VRX) acquired Salix in 2015.
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