Baxter to Acquire Privately Held Baxa Corporation

Baxter International Inc. BAX announced today that it has entered into a definitive agreement to acquire Baxa Corporation, a privately held company based in Englewood, Colo., with additional operations in Florida and the United Kingdom. Baxa develops pharmacy technology that enhances the efficiency and safety of oral and IV dose preparation and delivery. The addition of Baxa's product lines will complement Baxter's portfolio of nutrition products and drug delivery systems and supports patient safety.