News Release
                    
                MNK H.P. Acthar Gel CHART Trial Results Alert
                March 28, 2018
MNK  H.P. Acthar Gel CHART Trial Results Alert
Since acquiring H.P. Acthar® Gel in 2014, Mallinckrodt  has been systematically completing legacy studies that had been initiated by  the drug's previous owner. As these studies are concluded, the information  gathered is provided to the website ClinicalTrials.gov for posting. 
Mallinckrodt has just completed such  a process for a small Phase 4 pilot study that was begun by previous owners to  generate potential new insights into the use of H.P. Acthar Gel in treatment of  idiopathic Membranous Nephropathy (iMN), specifically in refractory patients  who had failed previous immunosuppressive therapies. 
This underpowered study did not generate  data sufficient to reach clinically relevant conclusions.  However, clinical experience and additional published  data suggest that Acthar is effective at reducing proteinuria across multiple  different idiopathic nephrotic syndrome etiologies including iMN, Focal  Segmental Glomerular Sclerosis (FSGS), IgA Nephropathy, and Minimal Change  Disease (MCD).  In addition, CHART data did reveal durable efficacy as  demonstrated by sustained remission through Week 48 in a small subset of  patients, consistent with that seen in other datasets. 
Learnings  from this study will shape our data generation efforts for Acthar in iMN. We  remain committed to making a difference in the lives of these very sick  patients, as evidenced by the initiation of the largest FSGS clinical trial  ever conducted, as well as fifteen Investigator Initiated research studies  developing data on Acthar’s utility across a broad spectrum of nephrotic  syndrome etiologies, including recurrent post-transplant FSGS.
Importantly, the  study did not generate data sufficient to reach clinically relevant conclusions  for the following reasons: 
  - the understanding of specific factors  contributing to disease pathophysiology and treatment evolved during the  conduct of the trial, and therefore these factors were not accounted for when  the CHART study was being designed, 
   - hypotheses related to a potential,  predicted Acthar treatment effect were based on extremely limited data heavily  weighted by experience in treatment-naïve patients – a very different  population than the refractory patients targeted here, and 
   - there were tactical execution  challenges – including significant protocol changes and marked differences in  underlying disease severity in placebo and Acthar treatment populations.
 
The company expects the data to be posted on  ClinicalTrials.gov over the next days and, when it is, will provide additional  updates.
  About H.P. Acthar® Gel (repository  corticotropin injection)
  
   H.P. Acthar Gel is an injectable drug approved by the FDA for the  treatment of 19 indications. Of these, today the majority of H.P. Acthar Gel  use is in these indications:
  - As an  orphan monotherapy medication for the treatment of IS in infants and children  under 2 years of age.
   - Inducing a  diuresis or a remission of proteinuria in nephrotic syndrome without uremia of  the idiopathic type or that due to lupus erythematosus.
   - Treatment  of acute exacerbations of multiple sclerosis in adults.
   - Use during  an exacerbation or as maintenance therapy in selected cases of systemic lupus  erythematosus.
   - Use during  an exacerbation or as maintenance therapy in selected cases of systemic  dermatomyositis (polymyositis).
   - Use as  adjunct therapy for short-term administration in psoriatic arthritis;  rheumatoid arthritis, juvenile rheumatoid arthritis and ankylosing spondylitis  to tide patients over an acute episode or exacerbation.
   - Treatment  of symptomatic sarcoidosis.
   - Treatment  of severe acute and chronic allergic and inflammatory processes involving the  eye and its adnexa such as: keratitis; iritis, iridocyclitis, diffuse posterior  uveitis and choroiditis, optic neuritis, chorioretinitis; anterior segment  inflammation.
 
For more information about Acthar, please  visit www.acthar.com. Please click to see full Prescribing  Information and Medication Guide.
  Important Safety Information 
  
Contraindications
  - Acthar should never be administered intravenously.
   - Administration of live or live attenuated vaccines is contraindicated in  patients receiving immunosuppressive doses of Acthar.
   - Acthar is contraindicated where congenital infections are suspected in  infants.
   - Acthar is contraindicated in patients with scleroderma, osteoporosis,  systemic fungal infections, ocular herpes simplex, recent surgery, history of  or the presence of a peptic ulcer, congestive heart failure, uncontrolled  hypertension, primary adrenocortical insufficiency, adrenocortical  hyperfunction or sensitivity to proteins of porcine origins.
 
Warnings and Precautions
  - The adverse effects of Acthar are related primarily to its steroidogenic  effects.
   - Acthar may increase susceptibility to new infection or reactivation of  latent infections.
   - Suppression of the hypothalamic pituitary adrenal (HPA) axis may occur  following prolonged therapy with the potential for adrenal insufficiency after  withdrawal of the medication.
   - Cushing's Syndrome may occur during therapy but generally resolves after  therapy is stopped. Monitor patients for signs and symptoms.
   - Monitor patients for elevation of blood pressure, salt and water retention,  and hypokalemia.
   - Acthar often acts by masking symptoms of other diseases/disorders. Monitor  patients carefully during and following discontinuation.
   - Acthar can cause gastrointestinal (GI) bleeding and gastric ulcer with an  increased risk for perforation with certain GI disorders. Monitor for signs of  bleeding.
   - Acthar may be associated with central nervous system (CNS) effects ranging  from euphoria, insomnia, irritability, mood swings, personality changes,  depression, and psychosis. Existing conditions may be aggravated.
   - Patients with comorbid disease may have that disease worsened. Caution  should be used in patients with diabetes and myasthenia gravis.
   - Prolonged use of Acthar may produce cataracts, glaucoma and secondary  ocular infections.
   - Acthar is immunogenic and prolonged use may increase the risk of  hypersensitivity reactions.
   - There is an enhanced effect in patients with hypothyroidism and those with  cirrhosis of liver. 
   - Long-term use may have negative effects on growth and physical development  in children. Monitor pediatric patients. 
   - Decrease in bone density may occur. Monitor during long-term therapy.
   - Pregnancy Class C: Acthar has been shown to have an embryocidal effect and  should be used during pregnancy only if the potential benefit justifies the  potential risk to the fetus.
 
Adverse Reactions
  - Common  adverse reactions include fluid retention, alteration in glucose tolerance,  elevation in blood pressure, behavioral and mood changes, increased appetite  and weight gain. 
   - Specific  adverse reactions reported in IS clinical trials in infants and children under  2 years of age included: infection, hypertension, irritability, Cushingoid  symptoms, constipation, diarrhea, vomiting, pyrexia, weight gain, increased  appetite, decreased appetite, nasal congestion, acne, rash, and cardiac  hypertrophy. Convulsions were also reported, but these may actually be  occurring because some IS patients progress to other forms of seizures and IS  sometimes mask other seizures, which become visible once the clinical spasms  from IS resolve.
 
Please see full Prescribing Information here for additional Important Safety Information.
 ABOUT MALLINCKRODT
Mallinckrodt  is a global business that develops, manufactures, markets and distributes  specialty pharmaceutical products and therapies. Areas of focus include  autoimmune and rare diseases in specialty areas like neurology, rheumatology,  nephrology, pulmonology and ophthalmology; immunotherapy and neonatal  respiratory critical care therapies; analgesics and gastrointestinal products.  The company's Specialty Brands segment includes branded medicines and its  Specialty Generics segment includes specialty generic drugs, active  pharmaceutical ingredients and external manufacturing. To learn more about  Mallinckrodt, visit www.mallinckrodt.com.
Mallinckrodt  uses its website as a channel of distribution of important company information,  such as press releases, investor presentations and other financial information.  It also uses its website to expedite public access to time-critical information  regarding the company in advance of or in lieu of distributing a press release  or a filing with the U.S. Securities and Exchange Commission (SEC) disclosing  the same information. Therefore, investors should look to the Investor  Relations page of the website for important and time-critical information.  Visitors to the website can also register to receive automatic e-mail and other  notifications alerting them when new information is made available on the  Investor Relations page of the website.
CONTACTS
  Investor Relations
  Daniel J. Speciale, CPA
  Investor Relations and Strategy Officer
  314-654-3638
  daniel.speciale@mnk.com 
  Media
  Rhonda Sciarra
  Senior Communications Manager
  908-238-6765
  rhonda.sciarra@mnk.com 
  Meredith Fischer
  Chief Public Affairs Officer
  314-654-3318
  meredith.fischer@mnk.com