Baxter to Acquire Baxa Corp for $380M
Baxter International will pay $380 million in cash to acquire Baxa Corp to further develop its portfolio of nutrition products and drug delivery systems.
Medical products company Baxter International, Inc. announced Thursday that it has signed a definitive agreement to acquire privately held company Baxa Corp for $380 million in cash.
Colorado-based Baxa develops pharmacy technology to enhance the efficiency and safety of oral and IV dose preparation and delivery.
Among Baxa’s offerings are the ExactaMix Compounder, devices that automate multi-ingredient nutritional solution compounding and the DoseEdge Pharmacy Workflow Manager, an integrated system for managing IV and oral dose preparation activities. In 2010 Baxa had annual sales of approximately $150 million.
"With these new offerings, Baxter will be able to provide a compr
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