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Baxter to spin off its $6B biopharma business in industry's lat

03/27/2014 09:27am - via http://www.fiercepharma.... - Details

priyalambani: The pharma split-up movement is spreading. Baxter International ($BAX) says it will spin off its Biopharma business into a separate company, leaving its $9 billion medical products businesses to venture on under the Baxter name. The as-yet-unnamed...

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priyalambani saved this page on 03/27/2014 09:26am

The pharma split-up movement is spreading. Baxter International ($BAX) says it will spin off its Biopharma business into a separate company, leaving its $9 billion medical products businesses to venture on under the Baxter name. The as-yet-unnamed pharma business will be led by Ludwig Hantson, who is currently president of Baxter's BioScience unit.

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