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Baxter Int'l Names Proposed Kidney Care Spinoff As Vantive
(RTTNews) - Medtech firm Baxter International Inc. (BAX) announced Tuesday that Vantive will be the name of the company's proposed spinoff of its Renal Care and Acute Therapies businesses.
Vantive is expected to launch as an independent, publicly traded company by July 2024 or earlier, subject to satisfaction of customary conditions. It will focus solely on therapies for kidney disease and other vital organ support.
The Vantive logo and full visual identity will be unveiled at a later date. Until completion of the proposed separation in 2024, the Kidney Care business will continue to operate as Baxter.
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Baxter International Boosts FY24 Outlook - Update
While reporting financial results for the second quarter on Tuesday, health care company Baxter International Inc. (BAX) raised its earnings, adjusted earnings and sales growth guidance for the full-year 2024. The company also provided outlook for the third quarter.
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Baxter Int'l Launches PERCLOT Absorbable Hemostatic Powder In The US
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789日前
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812日前
Baxter International Guides Q1, FY23 Adj. EPS Well Below Estimates; To Cut 5% Jobs - Update
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The company said the guidance for 2023 reflects a challenging first half of the year due to increased cost of sales resulting from elevated costs of inventory produced in the second half of 2022, reflecting the significant inflationary pressures the company experienced, that will impact earnings when the related inventory is sold in 2023. Baxter expects the impact from these inflationary pressures on its earnings to begin to ease in the second half of the year.
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Baxter International Again Slashes FY22 Outlook - Update
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European Shares Seen Tad Higher At Open
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