-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Cf+glGPO93kAXBUiL6oTyYepP6JrT8MJz8X6MKeo8NtNLJwe13zrgJRdocjs2S8V zjlhkE5BtEq9LSUF+UZIWw== 0000051396-97-000062.txt : 19970926 0000051396-97-000062.hdr.sgml : 19970926 ACCESSION NUMBER: 0000051396-97-000062 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970925 ITEM INFORMATION: FILED AS OF DATE: 19970925 SROS: CSX SROS: NYSE SROS: PSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: MALLINCKRODT INC /MO CENTRAL INDEX KEY: 0000051396 STANDARD INDUSTRIAL CLASSIFICATION: IN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES [2835] IRS NUMBER: 361263901 STATE OF INCORPORATION: NY FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-00483 FILM NUMBER: 97685208 BUSINESS ADDRESS: STREET 1: 7733 FORSYTH BLVD CITY: ST LOUIS STATE: MO ZIP: 63105-1820 BUSINESS PHONE: 3148545299 MAIL ADDRESS: STREET 1: 7733 FORSYTH BLVD CITY: ST LOUIS STATE: MO ZIP: 63105-1820 FORMER COMPANY: FORMER CONFORMED NAME: MALLINCKRODT INC /MO DATE OF NAME CHANGE: 19970625 FORMER COMPANY: FORMER CONFORMED NAME: MALLINCKRODT GROUP INC DATE OF NAME CHANGE: 19940322 FORMER COMPANY: FORMER CONFORMED NAME: IMCERA GROUP INC DATE OF NAME CHANGE: 19920703 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 September 23, 1997 Mallinckrodt Inc. (Exact name of registrant as specified in its charter) New York 1-483 36-1263901 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 7733 Forsyth Boulevard, St. Louis, MO 63105-1820 (Address of principal executive offices) (ZIP Code) Registrant's telephone number, (314) 854-5200 including area code Item 5. Other Events A press release was issued September 23, 1997. The relevant portion of the text of that release was as follows: MALLINCKRODT UPDATES INVESTORS ON NELLCOR ACQUISITION, FIRST-QUARTER PROSPECTS NEW YORK, September 23, 1997 - Mallinckrodt Inc. (NYSE:MKG) has developed a comprehensive integration process for the recently acquired Nellcor Puritan Bennett, and it will fully capture the value of the acquisition, said C. Ray Holman, chairman and chief executive officer. Holman and Mallinckrodt's chief financial officer, Michael A. Rocca, spoke today at the Donaldson, Lufkin and Jenrette investors conference here. "The Nellcor business is progressing well, and we expect it to fully achieve its objectives for the first quarter and the entire fiscal year," Holman said. "It is living up to our expectations and will be a strong contributor in coming years." "Mallinckrodt is on course to achieve earnings in line with consensus analyst estimates for fiscal 1998," Rocca said. "However, first-quarter earnings from continuing operations will be below the same period last year and from six to nine cents below consensus analyst estimates before non-recurring charges," he said. The primary factor affecting on-going earnings per share is lower effective average selling prices on X-ray contrast media products in the first quarter. Accelerated compliance growth among members of group purchasing organizations served by Mallinckrodt has led to effective lower selling prices. Mallinckrodt expects these trends to moderate in coming months and to have a reduced impact in the second half of the fiscal year. Continuing cost reduction efforts and volume increases also will help offset the impact of pricing pressures. Non-recurring charges are related primarily to the acquisition of Nellcor Puritan Bennett. Mallinckrodt also anticipates recording a charge to be taken in connection with patent litigation involving patient warming systems in critical care settings. A jury has set damages of $16.8 million in the suit. Mallinckrodt will record a yet-to-be-determined provision in the first quarter but believes the finding of patent infringement is in error and will vigorously pursue an appeal to reverse the decision. Mallinckrodt serves healthcare and specialty chemicals markets worldwide. The company has four major businesses - pharmaceuticals, diagnostic imaging, respiratory care and specialty chemicals. The St. Louis, Missouri-based company, with fiscal 1997 net adjusted sales of $1.9 billion, operates in more than 100 countries. The Mallinckrodt web site address is (www.mallinckrodt.com). # # # Mallinckrodt Inc. Roger A. Keller Vice President, Secretary and General Counsel DATE: September 25, 1997 -----END PRIVACY-ENHANCED MESSAGE-----