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Baxter - About the company

Baxter is an acquired company based in Deerfield (United States), founded in 1931. It operates as a Provides biosciences, medication delivery and renal products. Baxter has raised an undisclosed amount in funding. The company has 1553 active competitors, including 59 funded and 105 that have exited. Its top competitors include companies like Boston Scientific, Medtronic and Fujifilm.

Company Details

Baxter International develops, manufactures and markets products to treat people with hemophilia, immune disorders, infectious diseases, kidney disease, trauma, and other chronic and acute medical conditions. The company operates through three segments: BioScience, Medication Delivery, and Renal. The BioScience segment manufactures recombinant and plasma-based proteins to treat hemophilia and other bleeding disorders; plasma-based therapies to treat immune deficiencies, alpha 1-antitrypsin deficiency, burns and shock, and other chronic and acute blood-related conditions; products for regenerative medicine, such as biosurgery products and technologies used in adult stem-cell therapies; and vaccines. The Medication Delivery segment manufactures intravenous solutions and administration sets; premixed drugs and drug-reconstitution systems; pre-filled vials and syringes for injectable drugs, intravenous nutrition products; infusion pumps; and inhalation anesthetics. The Renal segment provides products to treat end-stage renal disease and irreversible kidney failure. In 2023, the company recorded annual revenues of $15.05B and a net loss of $2.46B.
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Email ID
*****@baxter.com
Phone Number
+1 **********
Key Metrics
Founded Year
1931
Location
Deerfield, United States
Stage
Acquired
Ranked
Annual Revenue
$10.6B as on Dec 31, 2024
Employee Count
39,385 as on Jan 09, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Warburg Pincus (Oct 02, 2023)

Baxter's acquisition details

Baxter got acquired by Warburg Pincus and Advent International on Oct 02, 2023.
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Baxter's funding and investors

Baxter has raised funding over 6 rounds. Its first funding round was on 2012. Its latest funding round was a Grant (prize money) round on May 19, 2022 for $*****. 1 investor participated in its latest round. Baxter has 9 institutional investors.

Here is the list of recent funding rounds of Baxter:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 19, 2022
5661166
Grant (prize money)
3725166
1706698
6135471
8580318
Jun 18, 2021
2907831
Grant (prize money)
9923610
7808012
2339952
2019
8778
Grant (prize money)
9993
8985
3732
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Baxter's founders and board of directors

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Baxter's employee count trend

Baxter has 39,385 employees as of Jan 26. Here is Baxter's employee count trend over the years:
Employee count trend for Baxter
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Baxter's Competitors and alternates

Top competitors of Baxter include Boston Scientific, Medtronic and Fujifilm. Here is the list of Top 10 competitors of Baxter, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Boston Scientific
Boston Scientific
1979, Marlborough (United States), Public
Wide range of medical devices
-
81/100
2nd
Logo for Medtronic
Medtronic
1949, Minneapolis (United States), Public
Developer of medical equipment for chronic diseases
-
79/100
3rd
Logo for Fujifilm
Fujifilm
1934, Germany, Acquired
Developer of healthcare, electronics, and imaging solutions for various applications
-
77/100
4th
Logo for Trivitron
Trivitron
1997, Chennai (India), Series C
R&D company manufacturing medical devices for multiple therapeutic areas
$109M
67/100
5th
Logo for HOYA
HOYA
1941, Shinjuku (Japan), Public
Developer of a wide range of medical devices
-
-
66/100
6th
Logo for SAGE Therapeutics
SAGE Therapeutics
1971, Boston (United States), Acquired
Developer of drug candidates for the treatment of rare CNS disorders
$106M
66/100
7th
Logo for Stryker
Stryker
1941, Kalamazoo (United States), Acquired
Manufacturer of 3D-printed orthopedic products
-
66/100
8th
Logo for Teleflex Medical
Teleflex Medical
1943, Wayne (United States), Public
Provider of medical devices for emergency medicine and various health conditions
-
65/100
9th
Logo for CONMED
CONMED
1987, Utica (United States), Public
R&D company focused on manufacturing of surgical instruments for multiple therapeutic areas
-
64/100
10th
Logo for Biorad Medisys
Biorad Medisys
2007, Pune (India), Series A
Manufacturer of medical devices for orthopaedic, neurovascular, and endovascular procedures
$53.4M
64/100
11th
Logo for Baxter
Baxter
1931, Deerfield (United States), Acquired
Provides biosciences, medication delivery and renal products
-
68/100
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Baxter's Investments and acquisitions

Baxter has made 24 investments in companies including NovaXS and Medically Home. Baxter has also acquired 20 companies including Hillrom and toSense.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Mar 31, 2022
Investments
2021
Berkeley (United States)
Jan 07, 2022
Investments
2017
Boston (United States)
Sep 02, 2021
Acquisition
1915
Chicago (United States)
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Reports related to Baxter

Here is the latest report on Baxter's sector:

News related to Baxter

lockFilter this list
Media has covered Baxter for a total of 41 events in the last 1 year, 19 of them have been about company updates and 4 about people movement.
Baxter Announces CFO TransitionBusiness WireMar 16, 2026Baxter
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