Mallinckrodt Appoints Chief Scientific Officer

Mallinckrodt plc announced that Dr. Peter Richardson, B.Med.Sci., BM, BS, MRCP (UK) has been appointed Executive Vice President and Chief Scientific Officer, effective January 12, 2023. With more than 30 years of research and development experience in the pharmaceutical industry, Dr. Richardson will have executive responsibility for Mallinckrodt's branded research and development (R&D), medical affairs, safety, and regulatory affairs functions. He will serve on the Company's Executive Committee and succeeds Steven Romano, M.D., who departed Mallinckrodt in December 2022.

Dr. Richardson previously served as Executive Vice President, Head of Research and Development and Chief Medical Officer at Antares Pharmaceuticals, overseeing all pharmaceutical research and development activities across the organization. Prior to this role, Dr. Richardson held senior leadership positions in research and development at several pharmaceutical companies, including Novartis, Mannkind Corporation and Adare Pharmaceuticals.

"Peter is another strong addition to our Executive Committee, and I am very pleased that he is joining Mallinckrodt to lead our portfolio expansion efforts as Chief Scientific Officer," said Siggi Olafsson, President and Chief Executive Officer. "Peter is an experienced industry leader with a proven track record of successfully managing product development pipelines and executing clinical programs, underpinned by a passion for scientific innovation and patient care. I am confident that his expertise and vision will be key to advancing our pipeline and bringing value-enhancing therapies to market for the benefit of our patients."

Dr. Richardson said, "Mallinckrodt has undertaken a significant transformation under Siggi's leadership, with a focus on pursuing pipeline opportunities and reinforcing the foundation of the business to strengthen the Company's long-term position. I look forward to working with the Mallinckrodt team to continue the progress underway and develop innovative products that have a meaningful impact on the lives of patients."

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