Par Health
↗St. Louis, Missouri, United States
Par Health is an independent generic pharmaceuticals, active pharmaceutical ingredients (API), and sterile injectables company created through the merger of Mallinckrodt and Endo in July 2025, followed by a spin-off completed November 10, 2025. The company represents the consolidation of two companies with over 150 years of combined pharmaceutical history and expertise. Par Health is positioned as a top-tier manufacturer in the generic drug space, serving hospitals, pharmacies, health systems, and global customers with a portfolio of approximately 200 pharmaceutical products across multiple therapeutic areas. The company operates a vertically integrated manufacturing network spanning 10 facilities globally, including seven in the United States.
CLASSIFICATION
Company Type:Pharma
Therapeutic Areas:
Industry:Pharmaceuticals
Sub-Industry:Generic Pharmaceuticals, Active Pharmaceutical Ingredients (API), Sterile Injectables
SIZE & FINANCIALS
Employees:1001-5000
Revenue:Q3 2025: $337.1M quarterly revenue (53.6% increase YoY)
Founded:2025
Ownership:private
Status:operating
FUNDING
Stage:Post-spinoff from Mallinckrodt/Endo
PIPELINE
Stage:Commercial (focus on generic development and manufacturing)
Lead Drug Stage:Not applicable - focuses on generic and established medicines
Modalities:Small molecule generics, Active pharmaceutical ingredients (APIs), Sterile injectables, Oral solids, Liquids, Powders, Sprays, Transdermal patches
Trial Phases:-
CORPORATE STRUCTURE
Key Partnerships:Customers in 70 countries (350+ customer accounts globally)
COMPETITION
Position:Leader
Competitors:Teva Pharmaceutical, Mylan/Viatris, Sun Pharmaceutical, Lupin, Cipla, Actavis/Allergan, Hikma Pharmaceuticals, Sandoz
LEADERSHIP
Key Executives:
Dr. William (Bill) Larkins - Executive Vice President and Chief Scientific Officer and President, Sterile Injectables
LINKS
Website:parhealth.com
LinkedIn:LinkedIn Profile
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