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Baxter Acquires Gambro, Becomes Integrated Renal Therapy Leader

Baxter’s offer of $4 billion for Swedish hemodialysis manufacturer Gambro may be one of the largest medtech acquisitions of the year, but Baxter CEO Bob Parkinson describes the deal as a bolt-on for Baxter’s existing market in renal therapy. Of course the magnitude of the deal makes it “an adjacency with a capital A”, Parkinson quipped.

Baxter International Inc.’s offer of $4 billion for Swedish hemodialysis manufacturer Gambro AB may be one of the largest medtech acquisitions of the year. [See Deal] Baxter CEO Bob Parkinson describes the deal as a bolt-on for an existing product space and well within Baxter’s announced strategy of growing its existing clinical markets. Of course the magnitude of the deal makes it “an adjacency with a capital A” Parkinson quipped in a conference call on December 4.

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