Mallinckrodt soars on chances of inhaled nitric oxide for COVID-19-associated lung complications

12 March 2020

UK-headquartered drugmaker Mallinckrodt (NYSE: MNK) is currently evaluating the limited published evidence suggesting a potential role for inhaled nitric oxide (iNO) as a supportive measure in treating patients infected with coronavirus and having associated pulmonary complications.

The company’s announcement of this news sent its shares soaring upwards on Thursday. After the morning's trading, they were up by 18%.

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