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Baxter Selects Global Headquarters for Baxalta

Secures long-term lease in Bannockburn, IL

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By: Kristin Brooks

Managing Editor, Contract Pharma

Baxalta Inc., the biopharma company that will separate from Baxter in mid-2015, will be headquartered in Bannockburn, IL. The lease agreement for the approximately 260,000 sq.-ft. facility extends more than 10 years.   Upon completion of the separation, Baxalta will have approximately $6 billion in global revenues and will continue its efforts to provide therapeutic treatments for people with rare conditions, chronic diseases or limited treatment options. Supported by advanced technical and manu...

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