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UPDATE 1-Baxter International plans to spin off kidney care units

Reuters · 01/06/2023 07:20
UPDATE 1-Baxter International plans to spin off kidney care units

Adds details on review

- Medical device maker Baxter International Inc BAX.N said on Friday it plans to spin off its kidney care units into an independent, publicly traded company in the 12-18 months.

Baxter is also exploring alternatives for its BioPharma Solutions business, including a potential sale or other separation options, the company said.


(Reporting by Raghav Mahobe in Bengaluru; Editing by Shounak Dasgupta)

((Raghav.Mahobe@thomsonreuters.com))