Breaking News

Baxter Broadens Portfolio of Innovative Surgical Products

Acquires two pioneering hemostat and sealant products from Mallinckrodt for $153 million.

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

Baxter International has formed an agreement to acquire two hemostat and sealant products from Mallinckrodt—Recothrom Thrombin topical (Recombinant), the first and only stand-alone recombinant thrombin, and Preveleak Surgical Sealant, which is used in vascular reconstruction. Baxter will pay approximately $153 million for both products. “Uncontrolled intraoperative bleeding can lead to a wide variety of clinical and economic complications for patients and hospitals. As a leading provider of a...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters