# Baxter to acquire Seprafilm adhesion barrier from Sanofi for $350M

Baxter will buy the Seprafilm adhesion barrier and related assets from Sanofi in a $350 million deal expected to close by Q1 2020.

- Type: Acquisition
- Announced: 2019-12-02
- Where: United States
- Value: $350.0M
- Status: announced
- Products: Seprafilm adhesion barrier
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Sanofi](https://endata.com/companies/10465.md) (target)
- [Baxter International](https://endata.com/companies/20761.md) (acquirer)
- [Baxter](https://endata.com/companies/26623.md) (acquirer)

## Sources

- [massdevice.com](https://www.massdevice.com/baxter-spending-350m-to-acquire-surgical-adhesion-barrier-tech-from-sanofi/), 2019-12-02: "While Seprafilm is clinically recognized among surgeons globally, we plan to provide commercial support for the product through our dedicated surgery salesforce."
- [business-news-today.com](https://business-news-today.com/baxter-to-acquire-seprafilm-adhesion-barrier-from-sanofi-for-350m-2/), 2020-01-02: "Baxter expects sales of the proposed acquired products to be nearly $100 million in the 12 months after the acquisition is closed."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.