# Baxter plans to spin off Renal Care and Acute Therapies units

Baxter International Inc. announced plans to spin off its Renal Care and Acute Therapies global business units into an independent, publicly traded company within 12-18 months. It also will explore strategic alternatives for its BioPharma Solutions business.

- Type: Acquisition
- Announced: 2023-01-06
- Where: Deerfield, Illinois, United States
- Status: announced
- Products: renal care products, acute therapies products, biopharma solutions
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Baxter International](https://endata.com/companies/20761.md)

## Sources

- [baxter.com](https://www.baxter.com/news-insights/baxter-announces-strategic-actions-to-enhance-operational-effectiveness-accelerate-innovation-for-patients-drive-value-for-shareholders), 2023-01-06: "We are confident that the strategic actions we are announcing today will help ensure that each of these entities... are on the best possible trajectory moving forward."

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