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Vantive launches in kidney care
Posted 5 February 2025 PM
Vantive has officially launched as a major player in treating kidney disease, bringing with it 70 years experience from its previous incarnation as Baxter Kidney Care Segment.
The new company employs more than 23,000 people around the world and had revenues of $7.2 billion (US$4.5 billion) in 2023. In Baxter CEO Jose Almeida's swansong the business unit was sold to private equity firm Carlyle for $6.1 billion (US$3.8 billion), with 92 per cent coming in cash, which Baxter will use to pay down debt.
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Posted 5 February 2025 PM
Vantive has officially launched as a major player in treating kidney disease, bringing with it 70 years experience from its previous incarnation as Baxter Kidney Care Segment.
The new company employs more than 23,000 people around the world and had revenues of $7.2 billion (US$4.5 billion) in 2023. In Baxter CEO Jose Almeida's swansong the business unit was sold to private equity firm Carlyle for $6.1 billion (US$3.8 billion), with 92 per cent coming in cash, which Baxter will use to pay down debt.
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