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Baxter’s kidney-care operations generated about $4.5 billion in revenue last year and have more than 23,000 employees. “This transaction is the right step at the right time for Baxter, capping ...
Baxter International Inc. is an American multinational healthcare company with headquarters in Deerfield, Illinois. [2] The company primarily focuses on products to treat chronic and acute medical conditions. The company had 2023 global net sales of $14.8 billion (+2% vs 2022), across three business: "Medical Product and Therapies", "Heathcare ...
Gambro is a global medical technology company that manufactures products for dialysis treatment. The company is involved in developing, manufacturing and supplying products and therapies for kidney and liver dialysis, myeloma kidney therapy [clarify], and other extracorporeal therapies for chronic and acute patients.
Baxter spun off Caremark in 1992 and based it in Northbrook, Illinois, near Baxter's Deerfield headquarters. [7] Included in the spin-off was the at-home intravenous drug business, the mail-order pharmacy business, the physician practice management business, and Baxter's chain of physical therapy and sports medicine clinics. [7]
Vantive builds on a 70-year legacy as a leader in kidney care innovation to advance its mission of extending lives and expanding possibilities. As an independent company, Vantive is dedicated to elevating the standards of kidney and vital organ therapies with a vision to enable longer, fuller lives for patients everywhere.
(Reuters) -Private equity firm Carlyle Group is in exclusive talks to acquire Baxter International's kidney care spinoff Vantive for more than $4 billion, including debt, a person familiar with ...
Baxter Completes Acquisition of Gambro AB and Enhances Global Leadership in Renal Therapies DEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYS: BAX) today announced that the company ...
The parent company completes a spin-off of a subsidiary to the parent company's shareholders. Under Internal Revenue Code section 355 , this could be tax-free if certain criteria are met. The former subsidiary (now owned by the parent company's shareholders, but separate from the parent company) then merges with a target company to create a ...