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Baxter International news and information

News
Baxter Q3 net income falls amid strong demand for home kidney-care products
By John N. Frank | October 16, 2014 | Basic Web Basic Web Subscription Details
Drug and medical-device maker Baxter International reported a 17% rise it its third-quarter medical products sales, a division that includes home renal-care products that are seeing brisk demand. But those strong medical product sales weren't enough to lift overall Baxter net income for the quarter.
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Information
Shortage of in-home dialysis solution has patients worried
Los Angeles Times | September 15, 2014
Baxter International, the nation's leading supplier of peritoneal dialysis solution, says it can't keep up with demand and has started rationing the product, directing physicians to limit the number of new patients to whom they prescribe the treatment and reducing the size of shipments sent to...
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Information
Baxter to offload vaccine business to Pfizer for $635 million
Kristen Schorsch, Crain's Chicago Business | July 31, 2014
Baxter International is selling its vaccine business to Pfizer for $635 million as it prepares to split into two companies.
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News
Hospira earnings double on strong sales of injectable drugs
Bob Herman | July 30, 2014 | Basic Web Basic Web Subscription Details
Pharmaceutical and medical-device maker Hospira saw its earnings soar in the second quarter of 2014, thanks mostly to large sales of drugs that have been in short supply.
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News
Baxter's revenue boosted by Gambro deal as earnings fall
Bob Herman | July 17, 2014 | Basic Web Basic Web Subscription Details
Drug and medical-device maker Baxter International reported lower profit in its second quarter, but its 2013 acquisition of Gambro helped raise worldwide sales.
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Vital Signs
Saline solution shortage likely to stretch into 2015
Jaimy Lee | May 14, 2014
Shortages of IV saline solution may continue through early next year.That's according to John Thompson, vice president of sourcing operations for Novation's medical, surgical and distribution businesses. Novation is a large, privately held group-purchasing organization based in Irving, Texas.
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Information
Baxter settles class-action suit for $64 million, denies wrongdoing
Andrew L. Wang, Crain's Chicago Business | April 21, 2014
Baxter International agreed to pay $64 million to settle a class-action lawsuit that alleged the Deerfield, Ill.-based company and some of its competitors colluded to raise prices of plasma-based therapies.
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Magazine
Deal volume dips while value soars in first quarter
Beth Kutscher | April 19, 2014 | Print Magazine Print Magazine Subscription Details
Fewer deals and higher prices was the prevailing theme across the four healthcare industry sectors tracked in Modern Healthcare's first-quarter M&A Watch report for 2014.
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Information
Baxter to split into two companies
Kristen Schorsch and Todd J. Behme, Crain's Chicago Business | March 27, 2014
Baxter International said today it plans to split into two companies: one for developing and marketing biopharmaceuticals, and one for medical products.
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News
Private equity firm Thoma Bravo to buy GHX trading exchange
Jaimy Lee | February 05, 2014 | Basic Web Basic Web Subscription Details
Global Healthcare Exchange, a Web-based trading exchange that seeks to reduce costs for medical and surgical product suppliers and hospitals, has agreed to be acquired by private equity firm Thoma Bravo.
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