Baxter International Inc
Business Description
Baxter International Inc. is an American healthcare products company that specializes in the development and manufacturing of products for the treatment of a wide range of medical conditions. Founded in 1931 and headquartered in Deerfield, Illinois, Baxter has grown to become a global leader in the healthcare industry.
Baxter operates through two main segments: Hospital Products and Renal Products. The Hospital Products segment offers intravenous (IV) solutions, drug reconstitution systems, and premixed drugs in flexible containers, as well as anesthesia and critical care products. These products are used in hospitals, clinics, and other healthcare facilities for various applications such as surgical procedures, drug administration, and patient monitoring.
The Renal Products segment focuses on products and services for patients with kidney failure. Baxter manufactures and sells dialysis machines, dialyzers, bloodlines, and other supplies required for hemodialysis and peritoneal dialysis treatments. In addition, the company provides clinical support and services to assist healthcare professionals in managing and treating kidney disease.
Beyond these two main segments, Baxter also offers a range of nutritional therapies, including parenteral nutrition, which provides essential nutrients to patients who are unable to obtain them through oral consumption. The company*s nutritional therapies division also provides specialized enteral nutrition formulas for individuals with specific dietary needs.
Furthermore, Baxter has a biosurgery segment that focuses on advanced surgical products for hemostasis (controlling bleeding), tissue sealing, and reconstruction. These products are used by surgeons to manage bleeding in various surgical procedures, promote tissue regeneration, and improve patient outcomes.
Baxter*s commitment to innovation is a key driving force behind its success. The company invests heavily in research and development to continuously develop and improve its products. Baxter also actively seeks strategic partnerships and collaborations with other healthcare companies and institutions to leverage expertise and resources in order to bring innovative solutions to market.
In addition to its product offerings, Baxter places a strong emphasis on sustainability and corporate social responsibility. The company has set ambitious environmental goals to reduce its greenhouse gas emissions, water consumption, and waste generation. Baxter also actively supports communities through philanthropic initiatives such as employee volunteer programs and charitable donations.
Overall, Baxter International Inc. is a global healthcare products company that is dedicated to improving patients* lives through the development and manufacturing of innovative medical solutions. With a diverse portfolio of products and a strong focus on sustainability, Baxter continues to be a leader in the healthcare industry.
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