Baxalta

Baxalta
Company typeSubsidiary
NYSE: BXLT
IndustryBiotechnology
Founded2015; 9 years ago (2015) (Spun off from Baxter International)
FateAcquired by Shire
Headquarters
United States Edit this on Wikidata
Key people
Ludwig N. Hantson (president and CEO)
ProductsHematology, Immunology, Pulmonology
Number of employees
16,000[1]
ParentTakeda Pharmaceutical Company
Websitewww.baxalta.com Edit this on Wikidata

Baxalta (Bax from the name of its former parent company; alta a Latin adjective meaning 'high' or 'profound'[2]) is a biopharmaceutical company founded on 1 July 2015 after its parent company, Baxter International, spun off biopharmaceutical division.[1] The company began its operation with a revenue of $6 billion,[3] and is now a subsidiary of Takeda Pharmaceutical Company.

  1. ^ a b Ben Reynolds. "Baxalta: A Rare Undervalued Biopharmaceutical Company". cnafinance.com. Archived from the original on 2015-07-24. Retrieved 2015-07-23.
  2. ^ Timmins, Peter (January 2015). "Industry Update". Therapeutic Delivery. 6 (1): 9–15. doi:10.4155/tde.14.103.
  3. ^ "Baxalta: Baxter's newly named biopharma spinout has had its ups and downs". FierceBiotech.