STAINES-UPON-THAMES, United Kingdom, Jan. 18, 2017 /PRNewswire/ -- In response to media reports that appeared in today's press regarding the previously disclosed U.S. Federal Trade Commission (FTC) investigation, Mallinckrodt plc (MNK), said, "We are pleased to confirm that we have entered into a settlement agreement with the FTC staff to fully resolve this matter, subject to approval by the Commission. We will comment further at the appropriate time."