BAX

Devices & Diagnostics

Baxter Ventures will invest $200 million in early-stage companies

Baxter International Inc. (NYSE: BAX) put aside $200 million in equity to invest in early-stage companies that “complement” its portfolio. The newly established ” Baxter Ventures will invest globally and focus on innovative technologies with sustainable long-term growth” under the watch of the Deerfield, Ill.-based company’s chief scientific officer Norbert Riedel, according to a press release. […]

Devices & Diagnostics

FDA issues final order for Baxter infusion pump recall

The U.S. Food & Drug Administration’s recall covers as many as 200,000 of Baxter International Inc.’s Colleague infusion pumps. The Food & Drug Administration issued its final order for the U.S. recall of Baxter International Inc.’s (NYSE:BAX) Colleague infusion pumps. The federal watchdog is requiring the Deerfield, Ill.-based company to provide transition guide for hospitals […]

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Devices & Diagnostics

Baxter dialysis device problems prompt FDA warning

The Food & Drug Administration warns Baxter Healthcare Corp. about problems with its HomeChoice peritoneal dialysis systems after reports of patients developing peritonitis. The Food & Drug Administration warned Baxter Healthcare Corp. (NYSE:BAX) that it has 15 days to respond to the watchdog agency’s concerns about its HomeChoice peritoneal dialysis systems, after reports surfaced of […]

Devices & Diagnostics

Medical device makers’ lobby bill:$20M

The medical device industry spent at least $20 million to lobby lawmakers and federal agencies during the first quarter. The medical device industry once again spent big bucks to ensure its voice was heard in Washington during the first quarter, dropping more than $20 million on lobbying efforts for health issues at the U.S. House […]

MedCity Influencers

Baxter names president of international operations

Baxter International Inc. (NYSE:BAX) named Ludwig Hantson president of its international operations, effective May 3. The Deerfield, Ill.-based medical products conglomerate said expanding its global footprint is a “key growth driver” for the company. Hantson’s pedigree is stamped by years in the pharmaceutical industry. He was CEO of Novartis Pharmaceuticals Corp.’s (NYSE:NVS) Pharma North America […]