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Baxter Plans To Spin Off Renal Care And Acute Therapies Units In Next 12-18 Months And Explore Strategic Alternatives For BioPharma Solutions Business

Benzinga · 01/06/2023 07:01
  • Planning to spin off the Renal Care and Acute Therapies global business units into an independent, publicly traded company in the next 12-18 months
  • Simplifying operating model and manufacturing footprint to drive strategic clarity, improve operational efficiencies and accelerate future growth
  • Exploring strategic alternatives for BioPharma Solutions business to further enhance focus and improve capital structure
  • Hosting investor call today at 7:30 a.m. CST