Baxter

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Devices & Diagnostics

New potential source of hospital infections? Drug-mixing robots

Researchers have identified a potential threat that could result in hospital-acquired infections — bacterial contamination of automated pharmacy robots that mix intravenous medications. In a paper published in Infection Control and Hospital Epidemiology, researchers said that their report was the first to their knowledge that detailed a pharmacy robot being contaminated with bacteria and the […]

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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. […]

MedCity Influencers

Baxter selling generic injectables business to U.K. firm

Baxter International Inc. (NYSE:BAX) is planning to offload its U.S.-based generic injectables business to British drug firm Hikma Pharmaceuticals PLC (LSE:HIK). The deal is worth about $112 million to the Deerfield, Illinois-based company, according to a statement. The agreement is comprised of Hikma acquisition of Baxter’s injectable products in vials and ampules, which are marketed […]