Baxalta
Baxalta Incorporated was a biopharmaceutical company that specialized in developing, manufacturing, and commercializing therapies for orphan diseases and underserved conditions in hematology, immunology, and oncology. The company was a spin-off from Baxter International and became an independent entity on July 1, 2015.
History[edit | edit source]
Baxalta was created as a result of a corporate spin-off from Baxter International, a global healthcare company. The spin-off was aimed at focusing on the development and commercialization of biopharmaceutical products. On January 11, 2016, Shire announced that it would acquire Baxalta for $32 billion. The acquisition was completed on June 3, 2016, and Baxalta was integrated into Shire.
Products and Services[edit | edit source]
Baxalta's product portfolio included treatments for rare and chronic conditions in the following therapeutic areas:
Hematology[edit | edit source]
Baxalta developed therapies for bleeding disorders, including hemophilia. Their products included recombinant and plasma-derived therapies for the treatment of hemophilia A and B.
Immunology[edit | edit source]
The company offered treatments for primary immunodeficiency disorders and other immune system-related conditions. These included immunoglobulin therapies and other biologics.
Oncology[edit | edit source]
Baxalta's oncology division focused on developing treatments for various types of cancer, including hematologic malignancies and solid tumors. Their pipeline included both marketed products and investigational therapies.
Research and Development[edit | edit source]
Baxalta invested significantly in research and development to advance its pipeline of innovative therapies. The company collaborated with various academic institutions, research organizations, and other biopharmaceutical companies to enhance its R&D capabilities.
Corporate Structure[edit | edit source]
Baxalta was headquartered in Bannockburn, Illinois. The company operated globally, with a presence in over 100 countries. It employed approximately 16,000 people worldwide.
Acquisition by Shire[edit | edit source]
The acquisition by Shire was part of a strategic move to create a global leader in rare diseases and highly specialized conditions. The combined entity aimed to leverage Baxalta's expertise in hematology and immunology with Shire's existing portfolio and capabilities.
See Also[edit | edit source]
- Baxter International
- Shire (pharmaceutical company)
- Biopharmaceutical
- Hematology
- Immunology
- Oncology
References[edit | edit source]
External Links[edit | edit source]
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Contributors: Prab R. Tumpati, MD
