Summary

Other Scenarios:

Buyer: Baxter International Inc (BAX) Last Price: 54.08 Market Cap.: 30.73B
Target: Arthrocare Corporation (ARTC) Last Price: 24.60 Market Cap.: 675.19M

Lines of Business Summary:

Product Summary:

Overlap & Complementary Sectors

Sector Buyer Target # of Focused Companies
Healthcare 731
Biopharmaceuticals   334
Healthcare Services   122
Medical Devices 177
Nutritional Health   25
Outsourced Biomedical Services   39

- Focused. Denotes that the company is considered focused in this area. In general, Focused Companies draw the majority of their earnings in the sector/product area specified.

- Sector Pure-Plays. Denotes that the company is focused in the selected sector and generates nearly all earnings in the sector/product area specified.

- Sector Participation. Denotes that the company develops products in this line of business.

Sample Products in Similar Lines of Business

Sample Products in Complementary Lines of Business
Buyer (Total: 164)
  • Physiometrix Patient State Analyzer (PSA) 4000
  • Baxter Breathing Bag Series
  • Ultra-Fit Anesthesia Face Mask Series
  • Baxter Renal Care
Target (Total: 30)
  • ArthroCare ENT Sinu-Foam Dissolvable Dressing
  • ArthroCare ENT Rapid Rhino
  • ArthroCare ENT Gel-Knit Removable Nasal & Sinus Dressings
  • ArthroCare ENT Reflex Ultra PTR Plasma Wand
Buyer
  • Phenergan (Promethazine)
  • Diphenhydramine
  • Promethazine Hydrochloride/Dextromethorphan Hydrochloride
  • Phenergan With Dextromethorphan (Promethazine Hydrochloride/Dextromethorphan Hydrochloride)
Target

n/a

Business Relationship Summary:

Top Key Suppliers

Top Key Customers
Buyer (Total: 13)
  • Honeywell International Inc (HON)
  • Pegasystems Inc (PEGA)
  • Nektar Therapeutics (NKTR)
  • Halozyme Therapeutics Inc (HALO)
Target (Total: 0)

n/a
Buyer (Total: 15)
  • Celgene Corp (CELG)
  • Davita Inc (DVA)
  • Amylin Pharmaceuticals Inc (AMLN)
  • United Therapeutics Corp (UTHR)
Target (Total: 1)
  • Wright Medical Group Inc (WMGI)

Key Financial Summary:

Key Metrics

  Buyer Target
Number of Employees 48,000 1,407
Revenue Per Employee 295,476.2 260,198.3
Total Revenue 3,388.0 92.9
Total Expenses 2,656.0 75.5
Other Revenue n/a n/a
Cost of Revenue 1,674.0 26.7
SG&A Expense 752.0 38.7
Research & Development 269.0 7.6
Other Operating Expense -57.0 1.1
Operating Income 732.0 17.4
Unusual Income n/a 0.2
LT Debt to Capital 39.61 n/a
Fwd P/E 11.99 17.09
Fwd P/Rev 2.17 1.85
Book Value 6,725.0 322.3
Curr Portion of LTD/Cap Lease 485.0 n/a

Individual Company Summary

Focused

Buyer

Focused (): Healthcare > Medical Devices

Target

Focused (): Healthcare > Medical Devices > Orthopedics > Surgical

Business Description

Buyer

Baxter International Inc. (Baxter) is a global, diversified healthcare company. The Company, through its subsidiaries, develops, manufactures and markets products that save and sustain the lives of people with hemophilia, immune disorders, infectious diseases, kidney disease, trauma, and other chronic and acute medical conditions. It operates in three segments: The BioScience, Medication Delivery and Renal segments. Baxter is engaged in the medical devices, pharmaceuticals and biotechnology to create products that advance patient care worldwide. These products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors? offices, clinical and medical research laboratories, and by patients at home under physician supervision. Baxter manufactures products in 27 countries and sells them in more than 100 countries.

Target

ArthroCare Corporation (ArthroCare) is a medical device company, which develops, manufactures and markets surgical products, which are based on its patented Coblation technology. The Company?s business consists of two product areas: Sports Medicine, and Ear Nose and Throat (ENT). It also manufactures and sells products based on its technology for other procedures, such as certain spine procedures. It?s Sports Medicine, ENT and Other products are marketed and sold through two principal geographic distribution channels: Americas (North and South America) and International (all other geographies). Many of its products are based on Coblation technology, which uses bipolar radiofrequency energy to generate a focused plasma field to remove and shape soft tissues, such as cartilage and tendons. Its bipolar Coblation devices also include both an active and return electrode at the tip but and apply electrical energy in a conductive medium at the surgical site.

Deal Summary

Key Ratios

  Buyer Target
Gross Margin % 50.62 70.85
Operating Margin % 20.4 20.02
Quick Ratio 0.95 4.33
Current Ratio 1.67 5.96
Coverage Ratio 0.01 n/a
Total Assets 18,784.0 468.8
Return on Equity % 134.84 26.07
Return on Assets % 48.28 22.26
Cash+ ST Inv. Per Share 4.04 5.79
Total Debt 5,209.0 0.0
Total Debt to Equity % 77.46 0
Total Debt to Tangible Equity % 156.9 0
Debt to Asset % 27.73 0.00

Product Summary

Sector Buyer Target
Healthcare
Biopharmaceuticals  
Allergies
The Allergies Subsector includes therapeutics that treat exaggerated immune reaction induced by exposure to a foreign substance.
  
Cardiovascular System
The Cardiovascular System Subsector includes therapeutics that treat disorders affecting the heart and blood vessels.
  
Digestive System
The Digestive System Subsector includes therapeutics that treat disorders affecting the digestive system.
  
Endocrinology/Metabolism
The Endocrinology/Metabolism Subsector includes therapeutics that treat metabolic disorders and conditions resulting from the dysfunction of hormone secreting glands.
  
Hematology
The Hematology Subsector includes therapeutics that treat blood-based diseases and disorders.
  
Immunology
The Immunology Subsector includes therapeutics that treat disorders affecting the immune system.
  
Infectious Diseases
The Infectious Diseases Subsector includes therapeutics that treat diseases caused by the invasion and reproduction of microorganisms in the body.
  
Musculoskeletal System
The Musculoskeletal System Subsector includes therapeutics that treat disorders of the bones, joints, ligaments, tendons, and soft tissue involved with them.
  
Neurology
The Neurology Subsector includes therapeutics that treat disorders of the central nervous system, including the brain, spinal cord, and nerves.
  
Oncology
The Oncology Subsector includes therapeutics that treat and manage various types of cancer and related complications.
  
Pain Management
The Pain Management Subsector includes therapeutics that treat and management pain.
  
Respiratory System
The Respiratory System Subsector includes therapeutics that treat disorders affecting both the upper and lower respiratory tract, including the nose, throat, larynx, trachea, bronchi, and lungs.
  
Surgery
The Surgery Subsector includes therapeutics that treat complications associated with surgical procedures.
  
Urology
The Urology Subsector includes therapeutics that treat diseases of the kidney, urinary tract, bladder, and the male reproductive system.
  
Healthcare Services  
Patient Care
The Patient Care Subsector is comprised of companies that provide services to patients for the diagnosis, treatment, and/or prevention of diseases and injuries.
  
Medical Devices
Anesthesiology
The Anesthesiology Subsector includes medical devices that deliver and monitor anesthetics.
  
Cardiology
The Cardiology Subsector includes medical devices that diagnose, monitor, and treat diseases affecting the heart and proximal blood vessels. Common devices include vital sign monitors, cardiac defibrillators, pacemakers, and other surgical equipment.
  
Drug Delivery
The Drug Delivery Subsector includes medical devices that facilitate the delivery of medications through different anatomical entryways, including blood vessels, skin, the mouth, and the lungs. Common devices in this sector include vascular access catheters, needles, implants, and inhalers.
  
Ear/Nose/Throat (ENT)
The Ear/Nose/Throat Subsector includes medical devices that diagnose and treat conditions affecting these anatomical regions.
  
Gastroenterology
The Gastroenterology Subsector includes medical devices that diagnosis and treat conditions affecting the stomach and intestinal tract.
  
General Surgery
The General Surgery Subsector includes medical devices that perform general, non-specialty surgeries; these devices are often general in scope and are used in procedures involving various parts of the body.
Medical Supplies
The Medical Supplies Subsector includes basic and consumable products that are widely used in healthcare settings.
Neurology
The Neurology Subsector includes medical devices that diagnose, monitor and treat neurological disorders.
Obstetrics/Gynecology
The Obstetrics/Gynecology Subsector includes medical devices that diagnose and treat female reproductive diseases; devices used to care for women during pregnancy, childbirth, and the post-partum period are also included in this sector.
  
Ophthalmology
The Ophthalmology Subsector includes medical devices that diagnose and treat eye disorders.
  
Orthopedics
The Orthopedics Subsector includes medical devices that diagnose and treat musculoskeletal diseases involving muscles, bones and joints.
Respiratory
The Respiratory Subsector includes medical devices that diagnose and treat respiratory diseases.
  
Transfusion Medicine
The Transfusion Medicine Subsector includes medical devices and accessories that prepare or implement blood transfusion.
  
Urology
The Urology Subsector includes medical that diagnose and treat urinary tract and male reproductive disorders.
  
Vascular
The Vascular Subsector includes medical devices that diagnose and treat of conditions affecting the blood vessels.
  
Nutritional Health  
Dietary/Naturopathic Supplements
The Dietary/Naturopathic Subsector includes nutritional biochemicals and nutrients derived from natural sources that are intended to support health.
  
Outsourced Biomedical Services  
Development/Manufacturing Services
The Development/Manufacturing Services Subsector includes companies that provide research, development, manufacturing, sales and marketing to biopharmaceutical and medical device companies.
  

- Focused. Denotes that the company is considered focused in this area. In general, Focused Companies draw the majority of their earnings in the sector/product area specified.

- Sector Pure-Plays. Denotes that the company is focused in the selected sector and generates nearly all earnings in the sector/product area specified.

- Sector Participation. Denotes that the company develops products in this line of business.

Product Details

Sector Buyer Target
Healthcare
Biopharmaceuticals  
Allergies  
Dermatology  
Antihistamines
Products that inhibit inflammation by blocking the action of histamines on tissues.

Buyer Products:

  • Phenergan (Promethazine)
  
Ophthalmology  
Antihistamines
Therapeutics that inhibit inflammation by blocking the action of histamines on tissues.

Buyer Products:

  • Phenergan (Promethazine)
  
Upper Respiratory  
Antihistamines
Therapeutics that inhibit the inflammation by blocking the action of histamines on tissues.

Buyer Products:

  • Diphenhydramine
  • Phenergan (Promethazine)
  
Antihistamines/Antitussives
Therapeutics that block the inflammatory action of histamines and relieve or prevent coughs.

Buyer Products:

  • Promethazine Hydrochloride/Dextromethorphan Hydrochloride
  • Phenergan With Dextromethorphan (Promethazine Hydrochloride/Dextromethorphan Hydrochloride)
  
Antihistamines/Decongestants
Therapeutics that block the inflammatory action of histamines and relieve or prevent coughs.

Buyer Products:

  • Promethazine Hydrochloride/Phenylephrine Hydrochloride
  • Phenergan VC (Promethazine Hydrochloride/Phenylephrine Hydrochloride)
  
Cardiovascular System  
Heart Disorders  
Angina  
Beta Adrenergic Receptor Blocking Agents (Beta Blockers)
Therapeutics that treat chest pains by inhibiting stimulation of beta adrenergic receptors of the heart muscle.

Buyer Products:

  • Propranolol Hydrochloride
  • Atenolol
  
Arrhythmia  
Adenosine A1 Receptor Agonists
Therapeutics that treat abnormal rhythm of the heart beat by selectively stimulating the A1 adenosine receptor, slowing the speed of AV nodal conduction

Buyer Products:

  • Adenosine
  
Beta Adrenergic Receptor Blocking Agents (Beta Blockers)
Therapeutics that treat abnormal rhythm of the heart beat by inhibiting the stimulation of beta adrenergic receptors of the heart muscle.

Buyer Products:

  • Baxter BioScience Brevibloc (Esmolol HCl)
  • Acebutalol Hydrochloride
  • Propranolol Hydrochloride
  
Potassium Channel Blocking Agents
Therapeutics that treat abnormal rhythm of the heart by preventing the entry of potassium into heart muscle cells.

Buyer Products:

  • Quinidine Sulfate ER
  
Sodium Channel Blocking Agents/Potassium Channel Blocking Agents
Therapeutics that treat abnormal rhythm of the heart by preventing the entry of sodium and potassium into heart muscle cells.

Buyer Products:

  • Nexterone (Amiodarone HCL)
  
Heart Failure (HF)  
Complications  
Edema  
Loop Diuretic Agents
Therapeutics that treat the excessive accumulation of fluids by increasing the excretion of sodium, potassium, chloride ions, and water in urine.

Buyer Products:

  • Baxter Healthcare Bumetanide
  
Myocardial Infarction (MI)  
Beta Adrenergic Receptor Blocking Agents (Beta Blockers)
Therapeutics that treat irreversible damage to the heart muscle by blocking the beta adrenergic receptors of the heart muscle.

Buyer Products:

  • Propranolol Hydrochloride
  • Atenolol
  
Phase I/Phase II Clinical Stage Products
Therapeutics that are being investigated for the treatment of heart and circulatory system disorders in early stages of clinical research where human subject is involved.

Buyer Products:

  • CD34+ Cells (Adult Stem Cells)
  
Vascular Disorders  
Deep Vein Thrombosis (DVT)  
Anticoagulating Agents (Anticoagulants)  
Thrombin Inhibitors
Therapeutics that prevent or treat clots in blood vessels by preventing blood clots from forming.

Buyer Products:

  • Heparin Sodium
  
Hypertension  
Alpha Adrenergic Receptor Agonists
Therapeutics that treat high blood pressure by stimulating the alpha adrenergic receptors of the heart muscle.

Buyer Products:

  • Guanfacine
  
Beta Adrenergic Receptor Blocking Agents (Beta Blockers)
Therapeutics that treat high blood pressure by blocking the beta adrenergic receptors of the heart muscle.

Buyer Products:

  • Propranolol Hydrochloride
  • Atenolol
  • Acebutalol Hydrochloride
  
Hypovolemia  
Plasma Volumizers  
Albumin-Based
Therapeutics based on plasma proteins that treat a decrease in circulating fluid (plasma) in the body by increasing plasma volume.

Buyer Products:

  • Baxter BioScience Flexbumin (Albumin)
  • Baxter BioScience Buminate (Albumin)
  
Thromboembolism  
Anticoagulating Agents (Anticoagulants)  
Platelet Aggregation Inhibitors  
Phosphodiesterase Inhibitors
Therapeutics that treat the obstruction of a blood vessel by preventing platelets from clumping together.

Buyer Products:

  • Dipyridamole
  
Thrombin Inhibitors
Therapeutics that treat the obstruction of a blood vessel by preventing blood clots from forming.

Buyer Products:

  • Heparin Sodium
  
Digestive System  
Gastrointestinal Tract Disorders  
Gastroesophageal Disorders  
Gastroesophageal Reflux Disease (GERD)  
Dopamine Receptor Blocking Agents
Therapeutics that treat Gastroesophageal Reflux Disease (GERD) by blocking dopamine receptor and stimulating gastrointestinal movement without stimulating secretions from the pancreas, stomach or gall bladder.

Buyer Products:

  • Metoclopramide Hydrochloride
  
Nausea/Vomiting  
Serotonin Receptor Antagonists
Therapeutics that treat nausea and vomiting by blocking the serotonin receptors.

Buyer Products:

  • Ondansetron Injection
  • Granisetron Hydrochloride
  
Endocrinology/Metabolism  
Phase I/Phase II Clinical Stage Products
Therapeutics that are being investigated for the treatment of endocrinology disorders in early stages of clinical research where human subject is involved.

Buyer Products:

  • PROMAXX Microsphere Dry Powder Inhaled Insulin
  
Hematology  
Hemophilia  
Hemophilia A  
Clotting Agents
Therapeutics that aid in blood coagulation.

Buyer Products:

  • Baxter BioScience Hemofil M (Antihemophilic Factor (Human))
  • Baxter BioScience Advate/Ultra-High Dosage ADVATE (Antihemophilic Factor VIII, Plasma/Albumin Free Method (rAHF-PFM))
  • Baxter International Recombinant Von Willebrand Factor (rVWF) / BAX 111
  • Baxter BioScience FEIBA VH (Immuno Anti-Inhibitor Coagulant Complex)
  
Hemophilia B  
Clotting Agents
Therapeutics that assist in blood coagulation.

Buyer Products:

  • Baxter BioScience Proplex T (Factor IX Complex)
  • Baxter BioScience FEIBA VH (Immuno Anti-Inhibitor Coagulant Complex)
  
Von Willebrand Disease  
Recombinant Factor Therapy
Therapeutics that treat the clotting disorder caused by Von Willebrand factor (vWF) deficiency by supplying a recombinant form of the Von Willebrand factor (vWF).

Buyer Products:

  • Baxter International Recombinant Von Willebrand Factor (rVWF) / BAX 111
  
Phase I/Phase II Clinical Stage Products
Therapeutics that are being investigated for the treatment of hematological disorders in early stages of clinical research where human subject is involved.

Buyer Products:

  • Baxter International Recombinant Von Willebrand Factor (rVWF) / BAX 111
  • BAX 499/Formerly ARC19499 (Tissue Factor Pathway Inhibitor Blocker)
  • Baxter International - BAX 855
  
Red Blood Cell (RBC) Disorders  
Anemia  
Recombinant Human Erythropoietins
Therapeutics that treat conditions characterized by reduced delivery of oxygen to body tissues by stimulating red blood cell production.

Buyer Products:

  • Baxter BioScience Epoetin Omega
  
Research/Preclinical Stage Products
Therapeutics that are being investigated for the treatment of hematological disorders in very early stages of research where no human subject is involved.

Buyer Products:

  • Long-Acting Recombinant Factor IX
  • AV513 (Non-Anticoagulant Sulfated Polysaccharide)
  
Serum Factor Disorders  
Hypoalbuminemia  
Albumin-Based
Therapeutics based on plasma proteins that treat low levels of serum albumin.

Buyer Products:

  • Baxter BioScience Flexbumin (Albumin)
  • Baxter BioScience Buminate (Albumin)
  • Baxter BioScience Albumin
  
Immunology  
Autoimmune Disorders  
Arthritis  
Rheumatoid Arthritis (RA)  
Analgesics  
Non-Steroidal Anti-Inflammatory Drugs (NSAID)  
Non-Specific Cyclooxygenase Inhibitors (COX Inhibitors)
Therapeutics that treat pain associated with chronic inflammation of the joints by blocking cyclooxygenase activity.

Buyer Products:

  • Etodolac
  
Idiopathic Thrombocytopenia Purpura (ITP)  
Immunoglobulins
Therapeutics that treat a decrease in platelets by neutralizing autoantibodies with therapeutic antibodies.

Buyer Products:

  • Baxter BioScience IVEEGAM EN/Gamimune N (Immune Globulin)
  • Baxter BioScience Gammagard S/D (Immune Globulin Intravenous Solvent/Detergent)
  • Baxter BioScience IVEEGAM (Immune Globulin)
  
Kawasaki Syndrome  
Immunoglobulins
Therapeutics that treat Kawasaki Syndrome by neutralizing autoantibodies with therapeutic antibodies.

Buyer Products:

  • Baxter BioScience IVEEGAM EN/Gamimune N (Immune Globulin)
  • Baxter BioScience IVEEGAM (Immune Globulin)
  • Baxter BioScience Gammagard S/D (Immune Globulin Intravenous Solvent/Detergent)
  
Immune Deficiency Disorders  
Primary Immunodeficiency Diseases  
Immunoglobulins
Therapeutics that treat primary immunodeficiency diseases by providing the body with therapeutic antibodies.

Buyer Products:

  • Baxter BioScience GAMMAGARD Liquid 10% (Immune Globulin Human)
  • Baxter BioScience Gammagard S/D (Immune Globulin Intravenous Solvent/Detergent)
  
Immunoglobulins/Hyaluronic Acid
Therapeutics that treat primary immunodeficiency diseases by providing therapeutic antibodies administered simultaneously with hyaluronic acid.

Buyer Products:

  • HyQ (Immune Globulin/Recombinant Human Hyaluronidase)
  
Research/Preclinical Stage Products
Therapeutics that are being investigated for the treatment of immune disorders in very early stages of research where no human subject is involved.

Buyer Products:

  • Recombinant ADAMTS13
  
Infectious Diseases  
Bacterial  
Antibacterial Agents  
Broad Spectrum  
Antibiotics  
Aminoglycosides
Therapeutics that treat a wide variety of infections by inhibiting bacterial protein synthesis.

Buyer Products:

  • Gentamicin Surgical Implant
  
Cephalosporin Derivatives
Therapeutics that treat a wide variety of infections by inhibiting bacterial cell wall synthesis.

Buyer Products:

  • Baxter Healthcare Cefepime
  • Ceftriaxone Sodium
  
Penicillin Derivatives
Therapeutics that treat a wide variety of infections by inhibiting bacterial cell wall synthesis during active multiplication.

Buyer Products:

  • Bactocill
  
Quinolones/Fluoroquinolones
Therapeutics that treat a wide variety of infections by promoting breakage of bacterial DNA strands.

Buyer Products:

  • Baxter Healthcare Ciprofloxacin In Dextrose Solution
  
Tetracyclines
Therapeutics that treat a wide variety of infections by inhibiting protein synthesis and also causing alterations in cytoplasmic membranes.

Buyer Products:

  • Minocycline Hydrochloride
  
Narrow Spectrum  
Respiratory System  
Tuberculosis  
Antitubercular Agents
Therapeutics that treat a bacterial infection of the lung by inhibiting bacterial and mycobacterial RNA synthesis.

Buyer Products:

  • Pyrazinamide
  
Vaccines  
Bacterial  
Combination  
Diphtheria/Tetanus/Acellular Pertussis (DTaP)
Therapeutics that prevent or treat infectious disease by producing or artificially increasing immunity to pathogens that cause diphtheria, tetanus, and acellular pertussis.

Buyer Products:

  • Baxter BioScience Certiva (DTaP)
  
Mycological (Fungal)  
Antifungal Agents  
Narrow Spectrum  
Dermatology  
Tinea Barbae  
Penicillin Derivatives
Therapeutics that treat fungal infections of the bearded area by inhibiting the biosynthesis of cell walls.

Buyer Products:

  • Griseofulvin
  
Tinea Capitis  
Penicillin Derivatives
Therapeutics that treat fungal infections of the scalp by inhibiting biosynthesis of cell walls.

Buyer Products:

  • Griseofulvin
  
Tinea Corporis (Ringworm)  
Penicillin Derivatives
Therapeutics that treat fungal infections of the skin characterized by scaly, red rings by inhibiting the biosynthesis of cell walls.

Buyer Products:

  • Griseofulvin
  
Tinea Cruris (Jock Itch)  
Penicillin Derivatives
Therapeutics that treat fungal infections of the groin and perineum by inhibiting the biosynthesis of cell walls.

Buyer Products:

  • Griseofulvin
  
Tinea Pedis  
Penicillin Derivatives
Therapeutics that treat fungal infections of the feet by inhibiting the biosynthesis of cell walls.

Buyer Products:

  • Griseofulvin
  
Tinea Unquium  
Penicillin Derivatives
Therapeutics that treat fungal infections of the nails by inhibiting the biosynthesis of cell walls.

Buyer Products:

  • Griseofulvin
  
Tinea Versicolor  
Penicillin Derivatives
Therapeutics that treat fungal infections of skin exposed to the sun characterized by patches of depigmentation by inhibiting the biosynthesis of cell walls.

Buyer Products:

  • Griseofulvin
  
Nervous System  
Cryptococcal Meningitis  
Triazoles
Therapeutics that treat fungal infections of lining of the brain and the spinal cord by increasing permeability of the cell wall and causing a toxic build up of hydrogen peroxide.

Buyer Products:

  • Fluconazole
  
Otolaryngology (Ear/Nose/Throat)  
Esophageal Candidiasis  
Triazoles
Therapeutics that treat fungal infections of the esophagus caused by yeast by increasing permeability of the cell wall and causing a toxic build up of hydrogen peroxide.

Buyer Products:

  • Fluconazole
  
Oropharyngeal Candidiasis  
Azoles  
Triazoles
Therapeutics that treat fungal infections of the mouth and pharynx caused by yeast by increasing permeability of the cell wall and causing a toxic build up of hydrogen peroxide.

Buyer Products:

  • Fluconazole
  
Urology  
Vaginal Candidiasis  
Azoles  
Triazoles
Therapeutics that treat fungal infections of the female reproductive organ caused by yeast by increasing permeability of the cell wall and causing a toxic build up of hydrogen peroxide.

Buyer Products:

  • Fluconazole
  
Phase I/Phase II Clinical Stage Products
Therapeutics that are being investigated for the treatment of infectious diseases in early stages of clinical research where human subject is involved.

Buyer Products:

  • Baxter Bioscience Vero Seasonal Influenza Vaccine
  • Baxter BioScience Acellular Pertussis (aP) Vaccine
  • H5N1 Pandemic Influenza Vaccine
  • Baxter BioScience Haemophilus Influenzae Type B Vaccine
  
Research/Preclinical Stage Products
Therapeutics that are being investigated for the treatment of infectious diseases in very early stages of research where no human subject is involved.

Buyer Products:

  • Baxter BioScience Escherichia coli Vaccine
  
Viral  
DNA Viruses  
Herpesvirus  
Herpes Simplex Type 1  
Purine Nucleoside Analogs
Therapeutics that treat viral infections characterized by recurrent cold sores and fever blisters by inhibiting replication of viral DNA by incorporating themselves into growing viral DNA stands.

Buyer Products:

  • Acyclovir
  
Herpes Simplex Type 2  
Purine Nucleoside Analogs
Therapeutics that treat viral infections characterized by recurring outbreaks of painful genital lesions by inhibiting replication of viral DNA by incorporating themselves into growing viral DNA stands.

Buyer Products:

  • Acyclovir
  
Varicella Zoster  
Herpes Zoster (Shingles)  
Purine Nucleoside Analogs
Therapeutics that treat viral infections that cause shingles in adults by inhibiting replication of viral DNA by incorporating themselves into growing viral DNA stands.

Buyer Products:

  • Acyclovir
  
Varicella (Chickenpox)  
Purine Nucleoside Analogs
Therapeutics that treat viral infections that cause chicken pox in children by inhibiting replication of viral DNA by incorporating themselves into growing viral DNA stands.

Buyer Products:

  • Acyclovir
  
Vaccines  
Viral  
Single Target  
Influenza (Flu)
Therapeutics that prevent or treat viral infections of the respiratory tract by producing or artificially increasing immunity to the Influenza virus.

Buyer Products:

  • Baxter Bioscience Vero Seasonal Influenza Vaccine
  
Musculoskeletal System  
Skeletal Disorders  
Joint Disorders  
Osteoarthritis (OA)  
Non-Steroidal Anti-Inflammatory Drugs (NSAID)  
Non-Specific Cyclooxygenase Inhibitors (COX Inhibitors)
Therapeutics that treat inflammation by non-specifically inhibiting the action of cyclooxygenase.

Buyer Products:

  • Etodolac
  
Rheumatoid Arthritis (RA)  
Analgesics  
Non-Steroidal Anti-Inflammatory Drugs (NSAID)  
Non-Specific Cyclooxygenase Inhibitors (COX Inhibitors)
Therapeutics that treat pain associated with chronic inflammation of the joints by blocking cyclooxygenase activity.

Buyer Products:

  • Etodolac
  
Neurology  
Neurological Disorders  
Alzheimer`s Disease  
Immunoglobulins
Therapeutics that treat and manage Alzheimer's disease by providing a therapeutic protein.

Buyer Products:

  • Baxter BioScience GAMMAGARD Liquid 10% (Immune Globulin Human)
  
Epilepsy  
Status Epilepticus  
Sodium Channel Modulators
Therapeutics that treat Status Epilepticus by modulating the portal that allows sodium into the nerve cells.

Buyer Products:

  • Fosphenytoin Sodium
  
Headaches  
Vascular (Migraine)  
Prophylactic Treatments  
Beta Adrenergic Receptor Blocking Agents (Beta Blockers)
Therapeutics that treat Migraine by inhibiting stimulation of beta adrenergic receptors.

Buyer Products:

  • Propranolol Hydrochloride
  
Neuromuscular Disorders  
Myasthenia Gravis (MG)  
Cholinesterase Inhibitors
Therapeutics that treat Myasthenia Gravis by maintaining the transmission of nerve impulses by inhibiting the enzyme that breaks down acetylcholine.

Buyer Products:

  • Baxter BioScience Enlon-Plus(R) (Edrophonium Chloride, USP & Atropine Sulfate, USP)
  • Baxter BioScience Enlon(R) (Edrophonium Chloride, USP)
  
Neuropathy  
Immunoglobulins
Therapeutics that treat neuropathy by providing a broad spectrum of opsonic and neutralizing IgG antibodies.

Buyer Products:

  • Baxter BioScience GAMMAGARD Liquid 10% (Immune Globulin Human)
  
Phase I/Phase II Clinical Stage Products
Therapeutics that are being investigated for the treatment of nervous system and mental disorders in early stages of clinical research where human subject is involved.

Buyer Products:

  • Baxter BioScience GAMMAGARD Liquid 10% (Immune Globulin Human)
  
Oncology  
Breast Cancer  
Localized  
Alkylating Agents  
Nitrogen Mustard Type
Therapeutics derived from mustard gas that treat and manage breast cancers by interacting with DNA and inhibiting cell division.

Buyer Products:

  • Cyclophosphamide Injection
  
Hematology  
Leukemia (White Blood Cell Cancer)  
Lymphoid  
Acute  
Lymphoblastic  
Alkylating Agents  
Nitrogen Mustard Type
Therapeutics derived from mustard gas that treat and manage rapidly progressing cancers of immature lymphocytic cells by interacting with DNA and inhibiting cell division.

Buyer Products:

  • Cyclophosphamide Injection
  
Lymphocytic  
Alkylating Agents  
Nitrogen Mustard Type
Therapeutics derived from mustard gas that treat and manage rapidly progressing cancers of lymphocytic cells by interacting with DNA and inhibiting cell division.

Buyer Products:

  • Cyclophosphamide Injection
  
Chronic  
Lymphocytic (CLL)  
Alkylating Agents  
Nitrogen Mustard Type
Therapeutics derived from mustard gas that treat and manage slowly progressing cancers of lymphocytic cells by interacting with DNA and inhibiting cell division.

Buyer Products:

  • Cyclophosphamide Injection
  
Immunoglobulins
Therapeutics that treat and manage slowly progressing cancers of lymphocytic cells by providing a therapeutic protein.

Buyer Products:

  • Baxter BioScience Gammagard S/D (Immune Globulin Intravenous Solvent/Detergent)
  
Myeloid  
Acute  
Monocytic  
Alkylating Agents  
Nitrogen Mustard Type
Therapeutics derived from mustard gas that treat and manage cancers of mononuclear cells by interacting with DNA and inhibiting cell division.

Buyer Products:

  • Cyclophosphamide Injection
  
Myelogenous (AML)  
Alkylating Agents  
Nitrogen Mustard Type
Therapeutics derived from mustard gas that treat and manage rapidly progressing cancers of myelogenous cells by interacting with DNA and inhibiting cell division.

Buyer Products:

  • Cyclophosphamide Injection
  
Chronic  
Granulocytic  
Alkylating Agents  
Nitrogen Mustard Type
Therapeutics derived from mustard gas that treat and manage slowly progressing cancers of myelocytic cells by interacting with DNA and inhibiting cell division.

Buyer Products:

  • Cyclophosphamide Injection
  
Lymphoma (Lymphatic Cancer)  
Cutaneous T-Cell Lymphoma (CTCL)  
Alkylating Agents  
Nitrogen Mustard Type
Therapeutics derived from mustard gas that treat and manage T-Cell lymphomas of the skin by interacting with DNA and inhibiting cell division.

Buyer Products:

  • Cyclophosphamide Injection
  
Hodgkin`s Disease  
Alkylating Agents  
Nitrogen Mustard Type
Therapeutics derived from mustard gas that treat and manage lymphoma characterized by the presence of Reed-Sternberg cells by interacting with DNA and inhibiting cell division.

Buyer Products:

  • Cyclophosphamide Injection
  
Non-Hodgkin`s Lymphoma (NHL)  
Alkylating Agents  
Nitrogen Mustard Type
Therapeutics derived from mustard gas that treat and manage lymphomas of B-cells and T-cells by interacting with DNA and inhibiting cell division.

Buyer Products:

  • Cyclophosphamide Injection
  
Multiple Myeloma (Plasma Cell Cancer)  
Alkylating Agents  
Nitrogen Mustard Type
Therapeutics derived from mustard gas that treat and manage cancers of mature antibody producing white blood cells by interacting with DNA and inhibiting cell division.

Buyer Products:

  • Cyclophosphamide Injection
  
Neurology  
Brain Cancer  
Neuroblastoma  
Alkylating Agents  
Nitrogen Mustard Type
Therapeutics derived from mustard gas that treat and manage cancer of primitive ganglion cells by interacting with DNA and inhibiting cell division.

Buyer Products:

  • Cyclophosphamide Injection
  
Opthalmology  
Retinoblastoma  
Alkylating Agents  
Nitrogen Mustard Type
Therapeutics derived from mustard gas that treat and manage cancers of the retina by interacting with DNA and inhibiting cell division.

Buyer Products:

  • Cyclophosphamide Injection
  
Urology  
Ovarian Cancer  
Adenocarcinoma  
Alkylating Agents  
Nitrogen Mustard Type
Therapeutics derived from mustard gas that treat and manage cancer of cells lining the ovary by interacting with DNA and inhibiting cell division.

Buyer Products:

  • Cyclophosphamide Injection
  
Pain Management  
Anesthesia  
General (Systemic)  
Adjunctive  
Ether-Based Agents
Therapeutics that result in anesthesia due to interfering with the physiological functioning of nerve cell membranes in the brain.

Buyer Products:

  • Baxter BioScience Forane(R) (IsoFlurane, USP)
  • Baxter BioScience Suprane(R) (Desflurane, USP)
  • Baxter BioScience Ethrane(R) (Enflurane, USP)
  
Gamma-Aminobutyric Acid (GABA) Receptor Agonists
Therapeutics that result in anesthesia by enhancing the inhibitory neurotransmitter action of gamma-aminobutyric acid.

Buyer Products:

  • Midazolam
  
Hypnotic Agents (Sedatives)
Therapeutics that result in anesthesia by inducing sleep. These therapeutics have no analgesic action.

Buyer Products:

  • Propofol
  
Opioids
Therapeutics that treat pain by binding to certain nervous system receptors which alters both the perception of pain as well as the emotional response to pain.

Buyer Products:

  • Meperidine HCl
  • Sufentanil Citrate
  • Morphine Sulfate
  
Reversal  
Gamma-Aminobutyric Acid (GABA) Receptor Antagonists
Therapeutics that reverse general anesthesia by competitively inhibiting benzodiapizines at the GABA receptors, thus reducing their effect and reversing the anesthesia.

Buyer Products:

  • Flumazenil
  
Narcotics  
Analgesics/Opioids
Therapeutics that treat pain by binding to certain nervous system receptors which alters the both the perception of pain as well as the emotional response to pain.

Buyer Products:

  • Hydrocodone Bitartrate/Acetaminophen
  
Opioids
Therapeutics that treat pain by binding to certain nervous system receptors which alter both the perception of pain as well as the emotional response to pain.

Buyer Products:

  • Sufentanil Citrate
  • Morphine Sulfate
  • Infumorph (Morphine Sulfate)
  
Non-Narcotics  
Non-Steroidal Anti-Inflammatory Drugs (NSAID)  
Non-Specific Cyclooxygenase Inhibitors (COX Inhibitors)
Therapeutics that treat pain by non-specifically inhibiting the action of cyclooxygenase.

Buyer Products:

  • Ketorolac Tromethamine
  • Etodolac
  
Skeletal Muscle Relaxing Agents
Therapeutics that treat pain by depressing specific synaptic reflexes preferentially.

Buyer Products:

  • Robaxin (Methocarbamol)
  
Respiratory System  
Lower Respiratory Tract Disorders (Lung Disorders)  
Emphysema  
Congenital  
Proteinase Inhibitors
Therapeutics that treat emphysema by providing certain proteins. The body's lack of ability to manufacture these proteins results in the disease state.

Buyer Products:

  • Glassia (Alpha-1 Proteinase Inhibitor)
  • Baxter Biosciences Aralast (Alpha-1 Proteinase Inhibitor)
  
Phase I/Phase II Clinical Stage Products
Therapeutics that are being investigated for the treatment of respiratory disorders in early stages of clinical research where human subject is involved.

Buyer Products:

  • Recombinant Alpha 1-Antitrypsin (AAT) Therapy
  
Upper Respiratory Tract Disorders  
Coughs/Colds  
Antihistamines
Therapeutics that inhibit the inflammation by blocking the action of histamines on tissues.

Buyer Products:

  • Phenergan (Promethazine)
  • Diphenhydramine
  
Antihistamines/Antitussives
Therapeutics that block the inflammatory action of histamines and relieve or prevent coughs.

Buyer Products:

  • Promethazine Hydrochloride/Dextromethorphan Hydrochloride
  • Phenergan With Dextromethorphan (Promethazine Hydrochloride/Dextromethorphan Hydrochloride)
  
Antihistamines/Decongestants
Therapeutics that block the inflammatory action of histamines and reduces the amount of mucous build up.

Buyer Products:

  • Promethazine Hydrochloride/Phenylephrine Hydrochloride
  • Phenergan VC (Promethazine Hydrochloride/Phenylephrine Hydrochloride)
  
Antihistamines/Decongestants/Opioids
Therapeutics that treat coughs and colds by suppressing histamine-related inflammation, preventing congestion and altering both the perception and emotional response to pain.

Buyer Products:

  • Phenergan VC With Codeine (Promethazine Hydrochloride/Phenylephrine Hydrochloride/Codeine Phosphate)
  
Antihistamines/Opioids
Therapeutics that treat coughs and colds by suppressing histamine-related inflammation and altering both the perception and emotional response to pain.

Buyer Products:

  • Phenergan With Codeine (Promethazine HCL/Codeine Phosphate)
  
Surgery  
Cardiovascular System  
Thrombosis  
Thrombin Inhibitors
Therapeutics that thin the blood of a blocked blood vessel during surgery by blocking an enzyme involved in the clotting process.

Buyer Products:

  • Heparin Sodium
  
General  
Complications  
Hemorrhage  
Fibrinolysis Inhibitors
Therapeutics that treat complications involving bleeding after surgical procedures by inhibiting the breakdown of fibrin in blood clots.

Buyer Products:

  • Baxter BioScience Tisseel VH Kit (Two-Component Fibrin Sealant)
  
Thrombosis  
Anticoagulating Agents (Anticoagulants)  
Thrombin Inhibitors
Therapeutics used to control and treat blood clots by preventing the action of thrombin, a key enzyme involved in the clot formation process.

Buyer Products:

  • Heparin Sodium
  
Musculoskeletal System  
Deep Vein Thrombosis (DVT)  
Anticoagulating Agents (Anticoagulants)  
Thrombin Inhibitors
Therapeutics that treat vascular obstructions due to platelets and cell matter by blocking an enzyme involved in the clotting process.

Buyer Products:

  • Heparin Sodium
  
Neurology  
Seizures  
Sodium Channel Modulators
Therapeutics that treat seizures by controlling the entrance of sodium into the nerve cells.

Buyer Products:

  • Fosphenytoin Sodium
  
Urology  
Urological Disorders  
Bladder  
Cystitis  
Urotoxin Neutralizing Agents
Therapeutics that inhibit cystis induced by toxic therapeutics by neutralizing these therapeutics.

Buyer Products:

  • Mesnex (Mesna)
  
Healthcare Services  
Patient Care  
Ambulatory/Outpatient  
Specialized  
Dialysis Services
The process of cleansing the blood of end stage renal disease patients (ESRD) through the use of a semipermeable membrane, which allows waste products to pass but retains most of the blood's normal constituents. Dialysis services can be provided in outpatient settings, in patients' home, or in hospitals as a contractor.

Buyer Products:

  • RMS Lifeline
  • Baxter Renal Care
  • RMS Disease Management
  
Medical Devices
Anesthesiology  
Diagnostic  
Monitoring  
Systems  
Consciousness Monitoring
Systems designed to monitor the effect of anesthesia on patients during surgery.

Buyer Products:

  • Physiometrix Patient State Analyzer (PSA) 4000
  
Surgical  
General Procedure  
Delivery Systems  
Gas  
Breathing Accessories
Ancillary devices used to aid the administering of inhaled anesthetics, such as breathing bags and breathing masks.

Buyer Products:

  • Baxter Breathing Bag Series
  • Ultra-Fit Anesthesia Face Mask Series
  
Breathing Circuits
Devices which assist in physical mechanism of breathing.

Buyer Products:

  • Baxter Renal Care
  • Baxter Isoflex Series Breathing Circuits
  
Percutaneous (Subcutaneous/Intramuscular/Intravenous)  
Fluid Administration Sets
Intravenous fluid administration sets used to deliver anesthesia.

Buyer Products:

  • Auto Syringe Pump Set Series
  
Pumps/Systems
Devices used to pump intravenous fluids at a consistent programmed rate.

Buyer Products:

  • Auto Syringe Pump Set Series
  
Viscoelastics
Materials that can be applied to the skin and decrease resistance of to injected drugs.

Buyer Products:

  • Hylenex (Recombinant Human Hyaluronidase)
  
Procedure/Region Specific  
Delivery Systems  
Epidural
Devices used to inject anesthetic into the epidural space to numb the legs and abdomen, which include catheters, needles, syringes and other prepackaged kits.

Buyer Products:

  • Single-Pack Epidural Needle Series
  • Continuous Double-Deck Epidural Anesthesia Tray Series
  
Nerve Block
Devices used to assist in the delivery of nerve block anesthetic, which include catheters, needles and other prepackaged kits.

Buyer Products:

  • Single-Deck Nerve Block Tray Series
  
Spinal
Devices used to inject anesthetic into the spine, which include catheters, needles and other prepackaged kits.

Buyer Products:

  • Single-Pack Epidural Needle Series
  • Continuous Double-Deck Epidural Anesthesia Tray Series
  
Cardiology  
Surgical  
General Procedure  
Accessories  
Probes
A blunt needle-like devices that is used to push aside tissue and explore.

Buyer Products:

  • Synovis Life Technologies - Vascular Probe Series
  
Vessel Closure
Devices used to close heart blood vessels.

Buyer Products:

  • Fusion Medical FloSeal FAST
  
Grafts  
Patches  
Porcine/Bovine Bioprosthesis
Pieces of bioengineered material used as a graft in cardiac surgery.

Buyer Products:

  • Synovis Life Technologies - Peri-Guard
  • Synovis Life Technologies - Supple Peri-Guard
  
Procedure/Region Specific  
Coronary Artery Bypass Graft (CABG)  
Invasive (Open Heart)  
Accessories
Various instruments used to assist in open heart bypass surgery, such as sutures, needles and vessel occluders.

Buyer Products:

  • Synovis Life Technologies - Flo-Rester Series
  
Manual Instruments
Various devices used to perform open heart bypass surgery that do not require electrical power, such as heart positioners, stabilizers and retractors.

Buyer Products:

  • Synovis Life Technologies - Microvascular Anastomotic Coupler System
  
Shunts
Devices used to divert blood flow in order to perform surgical procedure.

Buyer Products:

  • Synovis Life Technologies - Flo-Thru Intraluminal Shunt
  
Drug Delivery  
Infusion Therapy  
Accessories  
Admixture Systems
Medical systems designed to combine multiple medications for delivery to the patients

Buyer Products:

  • Baxa Corporation - ExactaMix Series Compounder And Accessories
  • Clintec Automix Compounder System and Accessory
  
Closed Blood Sampling Systems
Sampling systems which do not use needles to access infusion systems to obtain a blood sample.

Buyer Products:

  • Edwards VAMP
  
Filtration Products
Device used to filter fluids for infusion.

Buyer Products:

  • I.V. Filtration Set Series
  • Fenwal Blood Device And Set Series
  
Fluid Administration/Extension Sets
Filtered IV sets designed for infusion therapy.

Buyer Products:

  • Needle*Lock(TM) Device and Set Series
  • T-Connector Extension Sets
  • High Flow Rate Extension Set
  
Fluid Warmers
Medical devices used to maintain the warmth of the medical products prior to and during the infusion process.

Buyer Products:

  • ThermaCyl Blood/Fluid Warmer
  
Needleless Fluid Administration/Extension Sets
Valve systems designed to work without needles to prevent patient injuries.

Buyer Products:

  • Clearlink
  • Baxject Needleless Transfer Device
  
Pump Sets
Pump sets designed specifically for infusion therapy.

Buyer Products:

  • Auto Syringe Pump Set Series
  
Delivery Systems  
Elastomeric Infusors
Infusion delivery system designed for small-volume fluid transmission (home use).

Buyer Products:

  • Intermate Infusor System Series
  
Pumps  
Multiple Channel
Multiple channel pump designed to deliver more than one infusion therapy to patients.

Buyer Products:

  • SIGMA Spectrum Infusion System
  • COLLEAGUE Infusion Pump
  • Auto Syringe Pump Set Series
  
Single Channel
Single channel pump designed to deliver only one infusion therapy to patients.

Buyer Products:

  • Auto Syringe Pump Set Series
  
Syringe
Syringe used in place of a pump to deliver infusion therapy.

Buyer Products:

  • Syndeo PCA Syringe Pump
  • Auto Syringe Pump Set Series
  
Integrated/Comprehensive Systems
Complete infusion systems that include pumps, monitoring devices and other accessories.

Buyer Products:

  • Ipump Pain Management System
  
Vascular Access  
Peripheral Intravenous Catheters  
Infusion Sets
Complete infusion sets containing peripheral intravenous catheters.

Buyer Products:

  • Sub-Q-Set Subcutaneous Series
  • Micro-Volume Series
  
Standard
Non-ported peripheral intravenous catheters.

Buyer Products:

  • Interlink Flash-Cath Series
  
Ear/Nose/Throat (ENT)  
Surgical  
Procedure/Region Specific  
Nose/Sinus  
Accessories  
Nasal Packing
Material used to block up the nasal passages

Target Products:

  • ArthroCare ENT Sinu-Foam Dissolvable Dressing
  • ArthroCare ENT Rapid Rhino
  • ArthroCare ENT Gel-Knit Removable Nasal & Sinus Dressings
  
Instruments  
Electrical  
Electrosurgical  
Bipolar Attachments
An electrosurgical system that has two electrodes in the tip of the instrument to allow for electrical current to flow out one electrode and then back into the other at the site of contact.

Target Products:

  • ArthroCare ENT Reflex Ultra PTR Plasma Wand
  • ArthroCare ENT PlasmaWand Evac Series
  
Endoscopy  
Hand Pieces/Drills
Devices that allow the user to manipulate an endoscope, bore holes, or perform other surgical procedures.

Target Products:

  • ArthroCare Sports Topaz MicroDebrider
  
Throat  
Instruments  
Electrical  
Electrosurgical  
Bipolar Attachments
Handpieces that are attached to a bipolar electrosurgical generator for use in throat surgery.

Target Products:

  • ArthroCare ENT PROcise EZ Plasma Wand
  • ArthroCare ENT PlasmaWand Evac Series
  
Gastroenterology  
Treatment  
Stomach  
Enteral Feeding  
Sets
Complete instrument systems that perform enteral feeding procedures.

Buyer Products:

  • Baxa Corporation - NeoThrive Enteral Feeding System
  • Baxa Corporation - ExactaMed Oral/Enteral Dispenser System
  
Tubes  
Feeding
A tube that carries food to the stomach.

Buyer Products:

  • Clintec Dual Port Feeding Tube Series
  
General Surgery
Invasive
Instruments  
Electrical  
Electrosurgical  
Attachments/Handpieces  
Bipolar
Electrosurgical equipment that utilize bipolar technology in which the electric current flows between the two tips of the instrument, including cutting/coagulating probes, forceps and clamps.

Target Products:

  • ArthroCare ENT PlasmaWand Evac Series
  
Generators  
Bipolar
Electrical generators designed to produce current for bipolar electrosurgical equipment

Target Products:

  • ArthroCare Atlas System/Quantum System
  • ArthroCare ENT Coblator Plasma Surgery System
  
Procedure/Region Specific  
Lungs  
Surgical Sealants  
Stapling Buttresses
Strips applied to surfaces of the lung to allow closure via stapling of the two surfaces

Buyer Products:

  • Synovis Life Technologies - Peri-Strips Dry with Veritas Collagen Matrix
  • Synovis Life Technologies - Peri-Strips Dry
  • Synovis Life Technologies - Veritas Collagen Matrix
  
Surgical-Site Treatments  
Anti-Adhesives/Anti-Scarring  
Gels
Gel-based products applied during interventional procedures to prevent adhesion to medical devices or to prevent scarring of the surgical site

Buyer Products:

  • ADEPT Adhesion Reduction Solution
  
Membranes
Membrane-based products applied during interventional procedures to prevent adhesion to medical devices or to prevent scarring of the surgical sites

Buyer Products:

  • Synovis Life Technologies - Veritas Collagen Matrix
  
Sealants  
Adhesives
Glue based products used to seal tissue during surgical procedures

Buyer Products:

  • ARTISS (Human Fibrin Sealant)
  
Hemostatic  
Delivery Systems
Medical devices designed to deliver hemostatic sealants to the surgical site

Buyer Products:

  • Tissomat Application Device
  
Sponges
Microfibrillar sponge used when conventional hemostasis procedures are not effective.

Buyer Products:

  • FloSeal Sponge
  
Topical
Topical mixture used when conventional hemostasis procedures are not effective.

Buyer Products:

  • TachoSil (Fibrin Sealant Patch)
  • Baxter BioScience Tisseel VH Kit (Two-Component Fibrin Sealant)
  • FloSeal Hemostatic Matrix
  
Tissue  
Stapling Buttresses
Devices used to reinforce tissue staples and to prevent leakage from staple lines.

Buyer Products:

  • Synovis Life Technologies - Peri-Strips Dry
  
Minimally Invasive  
Instruments  
Manual  
Endoscopic Instruments
Manual instruments used during laproscopic procedures, such as forceps, retractors, clips, cutters and other similar items.

Buyer Products:

  • Synovis Life Technologies - GEM Microclip
  
Medical Supplies
Diagnostic  
Clinical Examination  
Basic Examining Tools
Medical instruments used to examine and monitor basic physiological functions, such as reflex, blood pressure, heart rate, and pulmonary capacity. These instruments include stethoscopes, sphygmomanometers, percussion hammers and other similar items.

Buyer Products:

  • French Esophageal Stethoscope Series
  
Furnishings  
Medical Supplies Management  
Pharmaceutical Management Systems
Automated inventory management and dispensing systems for medicines (including both modules and systems).

Buyer Products:

  • Baxa Corporation - DoseEdge Pharmacy Workflow Manager
  
Safety and Sterilization  
Safety  
Waste Management
Products used to control and contain biohazardous materials, such as chemical waste, fluid waste, and solid waste. These products may include bags, containers, and other more advanced waste treatment systems.

Buyer Products:

  • Bentley BosPac Plus
  
Treatment
Wound Management
Cleaning/Healing Devices
Devices used to clean and facilitate healing of wounds, such as bandages, dressings, cleansers, anti-infective ointments, sponges, cold compresses and other similar items.

Buyer Products:

  • GELFOAM Plus Hemostasis Kit (Human Thrombin Sponge)
  
Drainage/Hydration
Medical devices designed to irrigate, moisturize and remove excess fluids from wounds and wound surface.

Target Products:

  • WoundWand Debridement Device
  
Neurology
Diagnostic  
Monitoring  
Monitors  
Electroencephalograph (EEG)  
Intraoperative
An electroencephalograph that is used during surgery.

Buyer Products:

  • Physiometrix Patient State Analyzer (PSA) 4000
  
Surgical
General Procedure
Instruments  
Manual Instruments
Devices that are used in neurological surgery that do not require electrical power, such as drills, curettes, dissectors, forceps, hooks, retractors, bisectors and other similar items.

Target Products:

  • AthroCare Micro Discoblator Device
  
Surgical Sealants
A glue like material, made up of biomaterials, that is used to close up surgical incisions.

Buyer Products:

  • Fusion Medical Proceed
  
Procedure Specific  
Nerve Regeneration
Devices that assist in the re-growth of injured nerves in the brain or spinal cord.

Buyer Products:

  • Synovis Life Technologies - GEM Neurotube
  
Region Specific  
Brain  
Dural Grafts
Grafts designed to replace and/or repair damaged or diseased dural tissue.

Buyer Products:

  • Synovis Life Technologies - Dura-Guard
  
Obstetrics/Gynecology  
Surgical  
General Procedure  
Endoscopic  
Laparoscopic  
Manual Instruments
Surgical instruments designed for use in conjunction with laparoscopy that do not require electrical power, such as cannulas, trocars, clamps, morcellators, needles, scissors and other similar items.

Buyer Products:

  • Synovis Life Technologies - Lapassist
  
Region Specific  
Pelvic Floor Reconstruction
Indicated for restructuring pelvic cavity.

Buyer Products:

  • Synovis Life Technologies - Veritas Collagen Matrix
  
Ophthalmology  
Surgical  
Procedure/Region Specific  
Cataract  
Viscoelastics
Material that can be applied to decrease resistance between two parts of the eye and promote healing and repair of damaged eye tissue.

Buyer Products:

  • Hylenex (Recombinant Human Hyaluronidase)
  
Orthopedics
Surgical
General Procedure  
Invasive  
Instruments  
Electrical  
Handpiece/Drill
Instruments used to drill holes in bone.

Target Products:

  • Atlantech Cruciate Ligament Reconstruction Instruments
  
Manual Instruments
Mechanical instruments used in musculoskeletal surgical procedures, such as blades, curettes, broaches, shavers, elevators, tensioners, osteotomes, retractors, rongeurs and other similar items.

Target Products:

  • ArthroCare Shoulder Instrument Set
  • ArthroCare Caps-Lock Cannula
  • Atlantech Handheld Instrument Series
  
Minimally Invasive/Arthroscopic  
Instruments  
Electrical  
Electrosurgical  
Bipolar Attachments
Electrosurgical equipment in which the electric current flows between the two tips of the instrument and do not require grounding pads to surgically process live tissues.

Target Products:

  • MD SpineWand
  • Cavity SpineWand
  • ArthoWand RF Wand Series
  
Manual Instruments
Mechanical instruments used in arthroscopic surgical procedures, such as biopsy systems, blades, scalpels, bone harvesters, forceps, clamps, bisectors, suture punch and other similar items.

Target Products:

  • Ankle Distractor Set
  • Atlantech Collection Manual Insruments
  • Atlantech Cruciate Ligament Reconstruction Instruments
  • Atlantech Pathfinder Dilator Set
  
Procedure Specific
Bone Loss Reconstruction  
General  
Bone Fillers
Devices used to fill the formed bone cavity with hardening material.

Buyer Products:

  • Actifuse
  • Tricos T Bone Void Filler
  
Fixation  
Bone  
External  
Specific  
Hip/Femur
External fixation devices used to immobilize hip or femur fractures.

Target Products:

  • Atlantech Cruciate Ligament Reconstruction Instruments
  
Soft Tissue  
Anchors/Screws  
Absorbable  
Specific  
Knee
Absorbable anchors/screws used to attach soft tissue to the knee bones.

Target Products:

  • Atlantech Cruciate Ligament Reconstruction Instruments
  
Metallic  
General
Metal devices used to attach soft tissue to the bone in a variety of regions.

Target Products:

  • Spartan 6.5 Needled Anchor
  
Specific  
Knee
Metal devices used to attach soft tissue to the knee bones.

Target Products:

  • Atlantech Cruciate Ligament Reconstruction Instruments
  
Shoulder
Metal devices used to attach soft tissue to the shoulder bones.

Target Products:

  • ArthroCare Spartan Needled Suture Implant
  
Suture/Hook Repair Systems  
Specific  
Shoulder
Suture anchors used to attach soft tissue to the shoulder bones.

Target Products:

  • Opus Medical Suturing Device
  • Opus Medical Magnum Knotless Implant
  • Opus Medical TwinLock Knotless Fixation System
  • Opus Medical Ancillary Equipments
  • ArthroCare Suture Anchors
  • Opus Medical LabraFix System
  
Region Specific  
Knee  
Instruments  
Manual  
Graft Fixation/Harvesting Systems
Devices used to attach grafts to existing tissue.

Target Products:

  • ArthroCare Tendon Harvesting Devices
  • Atlantech Cruciate Ligament Reconstruction Instruments
  
Tunnel Placement Guides
Devices used to guide the placement of knee tunnels for ligament insertion during knee ligament repair surgeries

Target Products:

  • Atlantech Cruciate Ligament Reconstruction Instruments
  
Respiratory  
Treatment  
Assisted Breathing  
Intubation  
Breathing Circuits
Instrument used to measure respiratory parameters such as pressure.

Buyer Products:

  • Baxter Isoflex Series Breathing Circuits
  
Transfusion Medicine  
Blood Collection  
Apheresis Systems  
Plasma
Systems which separate and collect the plasma component of human blood while returning other blood components to the donor.

Buyer Products:

  • Fenwal Amicus
  
Platelets
Systems which separate and collect the platelet cell component of human blood while returning other blood components to the donor.

Buyer Products:

  • Fenwal Amicus
  
Red Blood Cells
Systems which separate and collect the red cell component of human blood while returning other blood components to the donor.

Buyer Products:

  • Fenwal Amicus
  
Blood Washers
Instruments used to wash blood cells in preparation for usage; they are often used to prepare frozen red blood cells for transfusion.

Buyer Products:

  • Cytomate Cell Processing System
  
Filtration Systems
Medical devices used to filter leukocytes from blood during the transfusion process.

Buyer Products:

  • Sepacell RZ-2000
  • Sepacell Leukocyte Reduction Filters
  
Viral Inactivation  
Plasma
Medical devices and technology which destroy infectious agents such as viruses in donor plasma without damaging the integrity of the plasma proteins.

Buyer Products:

  • Helinx Intercept Plasma System
  
Platelets
Medical devices and technology which destroy infectious agents such as viruses in blood products (platelets) without damaging the integrity of the donor platelet cells.

Buyer Products:

  • Helinx Intercept Platelet System
  
Red Blood Cells
Medical devices and technology which destroy infectious agents such as viruses in donor blood without damaging the integrity of the donor red blood cells.

Buyer Products:

  • Helinx Intercept Red Blood Cell System
  
Urology  
Surgical  
General Procedure  
Minimally Invasive/Cystoscopy  
Irrigation Pumps/Systems
Surgical instruments that pump fluids to irrigate/moisten the surface of the urinary organs

Buyer Products:

  • Irrigation Set Series
  
Procedure/Region Specific  
Incontinence  
Female  
Urethral Sling
Devices designed to inhibit urine flow out of the bladder.

Buyer Products:

  • Synovis Life Technologies - Veritas Collagen Matrix
  
Treatment  
Renal  
Hemodialysis  
Components  
Concentrates
Chemicals used in hemodialysis.

Buyer Products:

  • Hemodialysis Concentrates
  
Dialysate Parameter Monitors
Medical products used to monitor parameters such as fluid pressure, concentration, pH etc. during dialysis procedures.

Buyer Products:

  • Althin Biopharm Hemavision
  
Filtration  
Dialyzers
The instrument or medium used to effect chemical dialysis which allows for the diffusion of waste products and excess water into a dialysate solution.

Buyer Products:

  • Hemodialysis Dialyzers
  
Hemofilters
Filters used to separate the blood from the waste components during dialysis through a convection process by creating negative pressure to draw out solute particles without using a dialysate solution.

Buyer Products:

  • Renaflo II
  
Systems
A complete set of devices that act as a kidney to remove waste from the circulatory system.

Buyer Products:

  • Althin AltraTouch 1000
  
Peritoneal Dialysis  
Components  
Solutions
Chemical agents used in peritoneal dialysis.

Buyer Products:

  • Extraneal (Icodextrin)
  • Dianeal Series
  
Systems  
Automated Peritoneal Dialysis (APD)
Complete set of instruments and devices that cycle solution to and from the patient's peritoneum during sleep.

Buyer Products:

  • HomeChoice Automated
  
Continuous Ambulatory (CAPD)
Complete set of instruments and devices that perform peritoneal dialysis that can be moved around with the patient.

Buyer Products:

  • UltraBag System
  
Vascular  
Surgical  
General Procedure  
Accessories  
Introducers
Devices used to provide percutaneous introduction of catheters, interventional devices, and temporary pacing leads into the vasculature.

Buyer Products:

  • V-Link Luer-Activated Device (LAD)
  
Vessel Closure
Devices used to close and repair vascular structures, including both complete systems and associated clamps, felts and pledgets.

Buyer Products:

  • Fusion Medical FloSeal FAST
  
Grafts  
Patches  
Bioprosthesis
Surgical grafts produced from biological material, often from tissues that are bovine or porcine in origin.

Buyer Products:

  • Synovis Life Technologies - Vascu-Guard
  
Instruments  
Manual Instruments
Devices used to perform general vascular surgery that do not require electrical power, including balloon dissection systems, retractors, forceps, clamps, scissors, needles, tunnelers, valvuotomes and other similar surgical items.

Buyer Products:

  • Synovis Life Technologies - Vascular Probe Series
  
Nutritional Health  
Dietary/Naturopathic Supplements  
General Health
Products consisting of dietary/naturopathic supplements that are intended to support general health.

Buyer Products:

  • Baxter Inernational Inc.
  
Outsourced Biomedical Services  
Development/Manufacturing Services  
Contract Manufacturing Organizations (CMO)  
Biopharmaceutical OEM  
Final Dosage Forms
Contract Manufacturing Organizations (CMO) that produce large quantities of drug products in final dosage forms ready to be sold to end users.

Buyer Products:

  • Baxter Bioscience
  

- Focused. Denotes that the company is considered focused in this area. In general, Focused Companies draw the majority of their earnings in the sector/product area specified.

- Sector Pure-Plays. Denotes that the company is focused in the selected sector and generates nearly all earnings in the sector/product area specified.

- Sector Participation. Denotes that the company develops products in this line of business.

Relationship Details

Key Competitors

  Name Dir Rel. Revenue % Market Cap. P/E Ratio (TTM) Fwd P/E P/R Ratio (TTM) Fwd P/Rev Price To Tang. Book Value
Buyer
  Covidien PLC n/a 27,247.823 13.91 12.70 2.30 2.27 n/a
Fresenius Medical Care AG & Co. KGaA n/a 20,660.517 22.69 16.31 1.59 1.46 n/a
Hospira Inc n/a 5,496.746 n/a 15.85 1.37 1.38 3.42
Moog Inc n/a 1,815.559 12.65 n/a 0.75 n/a 5.36
Akorn Inc n/a 1,206.683 25.70 25.29 7.39 4.48 28.99
NxStage Medical Inc n/a 840.231 n/a -58.30 3.76 3.58 9.63
ICU Medical Inc n/a 751.608 28.37 20.82 2.45 2.34 2.30
Sagent Pharmaceuticals Inc n/a 440.923 n/a 16.99 2.89 1.97 3.23
Kensey Nash Corp n/a 328.386 34.49 23.92 3.91 3.71 3.43
Nymox Pharmaceutical Corp n/a 263.197 n/a 26.29 106.97 n/a n/a
Unilife Corporation n/a 242.636 n/a -5.40 48.62 32.01 5.64
YM Biosciences Inc n/a 240.425 n/a -6.67 139.23 203.96 4.31
Biotime Inc n/a 182.771 n/a n/a 27.03 n/a 18.23
Celldex Therapeutics Inc n/a 182.328 n/a -4.08 19.86 20.17 2.45
Cryolife Inc n/a 142.792 21.56 29.94 1.17 1.11 1.46
Target
  Johnson & Johnson n/a 176,314.376 10.12 12.61 1.55 2.65 n/a
Medtronic Inc n/a 40,348.005 11.93 10.50 2.46 2.46 8.89
Stryker Corp n/a 20,651.294 15.58 12.99 2.49 2.38 4.93
Smith & Nephew PLC n/a 8,659.748 4.77 11.92 2.03 2.03 5.19
Tornier N.V. n/a 821.805 n/a -304.00 3.09 2.99 4.48
Conmed Corp n/a 785.942 720.24 15.57 1.07 1.02 4.97
Bacterin International Holdings Inc n/a 63.829 80.28 -11.92 1.77 1.45 15.51
Arthrex, Inc. n/a n/a n/a n/a n/a n/a n/a
Biomet, Inc. n/a n/a n/a n/a n/a n/a n/a
Olympus KK n/a n/a n/a n/a n/a n/a n/a

- Defined by the Company - Defined by Others

Dependent Suppliers

  Name Dir Rel. Revenue % Market Cap. P/E Ratio (TTM) Fwd P/E P/R Ratio (TTM) Fwd P/Rev Price To Tang. Book Value
Buyer
  Honeywell International Inc n/a 45,810.995 21.10 13.02 1.23 1.19 n/a
Pegasystems Inc n/a 1,241.101 134.85 40.09 2.92 2.48 9.71
Nektar Therapeutics n/a 826.104 n/a -5.49 10.57 9.87 9.61
Halozyme Therapeutics Inc n/a 773.002 n/a -12.49 13.81 34.72 9.54
Medidata Solutions Inc n/a 690.930 17.15 31.68 3.56 3.17 7.25
Healthstream Inc n/a 472.897 98.26 66.91 5.42 4.69 3.84
CapLease Inc n/a 282.431 n/a 6.89 1.73 1.75 0.73
Ligand Pharmaceuticals Inc n/a 242.963 41.62 65.11 5.63 5.23 n/a
CRA International Inc n/a 215.085 16.97 13.59 0.73 0.70 1.73
Dyax Corp n/a 154.047 n/a -4.88 2.96 2.96 n/a
Flamel Technologie SA n/a 116.574 n/a -23.24 3.58 3.20 n/a
Dialight PLC n/a n/a n/a n/a n/a n/a n/a
P & I Personal & Informatik AG n/a n/a n/a n/a n/a n/a n/a

- Defined by the Company - Defined by Others

Key Customers

  Name Dir Rel. Revenue % Market Cap. P/E Ratio (TTM) Fwd P/E P/R Ratio (TTM) Fwd P/Rev Price To Tang. Book Value
Buyer
  Celgene Corp n/a 32,478.877 22.53 16.39 6.51 5.96 5.34
Davita Inc n/a 7,741.926 14.95 13.66 1.06 1.01 n/a
Amylin Pharmaceuticals Inc n/a 3,772.803 n/a -13.67 5.80 5.49 n/a
United Therapeutics Corp n/a 2,483.121 9.80 9.41 3.16 2.84 2.46
Medicines Co n/a 1,165.046 5.19 19.87 1.37 2.15 2.99
Threshold Pharmaceuticals n/a 306.635 n/a 619.00 982.74 8.49 n/a
Cadence Pharmaceuticals Inc n/a 181.939 n/a -3.58 7.47 3.19 2.10
Accentia Biopharmaceuticals Inc n/a 19.141 n/a n/a 2.00 n/a n/a
The Olayan Group n/a n/a n/a n/a n/a n/a n/a
PT Kalbe Farma Tbk n/a n/a n/a n/a n/a n/a n/a
Poniard Pharmaceuticals Inc n/a n/a n/a n/a n/a n/a n/a
Sobhan Pharmaceutical Co n/a n/a n/a n/a n/a n/a n/a
PT Enseval Putera Megatrading Tbk n/a n/a n/a n/a n/a n/a n/a
Suhail Bahwan Group (Holding) LLC n/a n/a n/a n/a n/a n/a n/a
Acambis PLC n/a n/a n/a n/a n/a n/a n/a
Target
  Wright Medical Group Inc n/a 823.947 n/a 105.60 1.63 1.72 1.73

- Defined by the Company - Defined by Others

Key Partners

  Name Dir Rel. Revenue % Market Cap. P/E Ratio (TTM) Fwd P/E P/R Ratio (TTM) Fwd P/Rev Price To Tang. Book Value
Buyer
  Celgene Corp n/a 32,478.877 22.53 16.39 6.51 5.96 5.34
Cardinal Health Inc n/a 14,896.420 14.43 13.20 0.14 0.14 7.97
Davita Inc n/a 7,741.926 14.95 13.66 1.06 1.01 n/a
Amylin Pharmaceuticals Inc n/a 3,772.803 n/a -13.67 5.80 5.49 n/a
United Therapeutics Corp n/a 2,483.121 9.80 9.41 3.16 2.84 2.46
Medicines Co n/a 1,165.046 5.19 19.87 1.37 2.15 2.99
Nektar Therapeutics n/a 826.104 n/a -5.49 10.57 9.87 9.61
Halozyme Therapeutics Inc n/a 773.002 n/a -12.49 13.81 34.72 9.54
Momenta Pharmaceuticals Inc n/a 729.739 6.27 -19.61 3.18 8.93 n/a
Ziopharm Oncology Inc n/a 307.125 n/a -4.30 385.12 386.47 3.14
Threshold Pharmaceuticals n/a 306.635 n/a 619.00 982.74 8.49 n/a
Ligand Pharmaceuticals Inc n/a 242.963 41.62 65.11 5.63 5.23 n/a
Cadence Pharmaceuticals Inc n/a 181.939 n/a -3.58 7.47 3.19 2.10
Oncothyreon Inc n/a 173.433 n/a -7.59 n/a 8,608.67 4.19
Flamel Technologie SA n/a 116.574 n/a -23.24 3.58 3.20 n/a
Accentia Biopharmaceuticals Inc n/a 19.141 n/a n/a 2.00 n/a n/a
Suhail Bahwan Group (Holding) LLC n/a n/a n/a n/a n/a n/a n/a
PT Enseval Putera Megatrading Tbk n/a n/a n/a n/a n/a n/a n/a
EIS Eczacibasi Ilac Sanayi ve Ticaret A.S. n/a n/a n/a n/a n/a n/a n/a
Sobhan Pharmaceutical Co n/a n/a n/a n/a n/a n/a n/a
Target
  Fedex Corp n/a 27,850.476 13.70 13.31 0.66 0.64 1.97
Smith & Nephew PLC n/a 8,659.748 4.77 11.92 2.03 2.03 5.19
Wright Medical Group Inc n/a 823.947 n/a 105.60 1.63 1.72 1.73
One Equity Partners n/a n/a n/a n/a n/a n/a n/a
Deutsche Post AG n/a n/a n/a 9.10 n/a n/a n/a

- Defined by the Company - Defined by Others

Financials

  Buyer Target Combined Entity
Income Statement
Operating Items
Revenue 13,997.0 605.7 14,602.7
Other Revenue n/a n/a n/a
Total Revenue 13,997.0 622.3 14,619.3
Cost of Revenue 6,912.0 181.4 7,093.4
SG&A Expense 3,111.0 253.6 3,364.6
Depreciation & Amortization n/a 4.0 4.0
Research & Development 1,001.0 22.2 1,023.2
Interest Expense 33.0 n/a 33.0
Other Operating Expense 5.0 11.0 16.0
Unusual Expense (Income) 79.0 13.8 92.8
Total Expenses 11,141.0 497.7 11,638.7
Operating Income 2,856.0 124.6 2,980.6
Non Operating Items
Interest Expense (Inc.), Net Non-Oprtng -15.0 n/a -15.0
Other, Net -17.0 -0.8 -17.8
Income Before Taxes 2,810.0 35.9 2,845.9
Income Taxes 543.0 9.9 552.9
Income After Taxes 2,267.0 26.1 2,293.1
Minority Interest (IS) -25.0 n/a -25.0
Net Income - Excl. Xord. Items 2,242.0 26.1 2,268.1
Discontinued Operations n/a 3.5 3.5
Net Income - Incl. Xord. Items 2,242.0 29.6 2,271.6
Preferred Dividends n/a -4.7 -4.7
Income Avail. to Common 2,242.0 24.9 2,266.9
Share Items
Basic Avg. Shares Outstanding 559.0 27.6 586.6
Basic EPS - Excl. Xord. Items 3.97 0.78 3.87
Basic EPS - Incl. Xord. Items 3.97 0.84 3.87
Full Dilution Adjustment n/a n/a n/a
Fully Diluted Shares Outstanding 563.0 28.0 591.0
F.D. EPS - Excl. Xord. Items 3.94 0.77 3.84
F.D. EPS - Incl. Xord. Items 3.94 0.83 3.84
Dividends Per Common Share 1.29 n/a 1.29
Balance Sheet
Assets
Cash and Equivalents 2,272.0 162.0 2,434.0
Accounts Receivable 2,341.0 49.2 2,390.2
Inventory 2,737.0 37.4 2,774.4
Prepayments and Advances 767.0 6.3 773.3
Other Current Assets n/a 35.9 35.9
Current Assets 8,117.0 290.7 8,407.7
PPE 11,117.0 n/a 11,117.0
Accum D&A -5,480.0 n/a -5,480.0
PPE, Net 5,637.0 34.7 5,671.7
Goodwill & Intangibles 3,405.0 123.6 3,528.6
Other Assets n/a n/a n/a
Other LT Assets 1,625.0 19.8 1,644.8
Total Assets 18,784.0 468.8 19,252.8
Liabilities
Accounts Payable n/a 13.9 13.9
Payable/Accrued 4,059.0 n/a 4,059.0
Accrued Expenses n/a 34.0 34.0
ST Debt 313.0 n/a 313.0
Curr Port of LTD & Cap Lease Oblg 485.0 n/a 485.0
Other (Current) Liabilities n/a 0.9 0.9
Current Liab. 4,857.0 48.8 4,905.8
LT Debt 4,411.0 n/a 4,411.0
Total LT Debt 4,411.0 n/a 4,411.0
Minority Interest (BS) 239.0 n/a 239.0
Deferred Taxes n/a 0.0 0.0
Other LT Liab. 2,552.0 19.7 2,571.7
Total Liabilities 12,059.0 68.5 12,127.5
Shareholders Equity
Redeemable Preferred n/a 78.1 78.1
Common Stock 683.0 0.0 683.0
Additional Paid in Capital 5,766.0 403.5 6,169.5
Retained Earnings 9,831.0 20.7 9,851.7
Treasure Stock -7,106.0 -106.9 -7,212.9
Other Equity -2,449.0 5.0 -2,444.0
Total Equity 6,725.0 400.3 7,125.3
Total Liab. & Equity 18,784.0 468.8 19,252.8
Shares Outstanding 554.3 27.6 582.0
Cash Flow
Operating Cash Flow
CF Net Income 1,679.0 -0.7 1,678.3
CF Depreciation 687.0 24.4 711.4
CF Deferred Taxes 135.0 -15.8 119.2
Other Non-Cash Items 494.0 13.1 507.1
Change in Working Capital -666.0 -4.8 -670.8
Total Cash From Operating Activities 2,446.0 13.9 2,459.9
Investing Cash Flow (not calculated)
Capital Expenditures -1,001.0 -13.5 -1,014.5
Other Investing Cash Flows -757.0 7.7 -749.3
Total Cash From Investing Activities -1,215.0 -5.8 -1,220.8
Financing Cash Flow (not calculated)
Dividends Paid -717.0 n/a -717.0
Purchase Or Sale of Stock -1,655.0 7.0 -1,648.0
Purchase and Retirement of Debt 736.3 n/a 736.3
Other Financing Cash Flow 426.0 n/a 426.0
Total Cash From Financing Activities -449.0 7.1 -441.9
Exchange Rate Effects -45.0 -0.8 -45.8
Net Change in Cash 737.0 14.4 751.4
Cash Taxes Paid 357.0 n/a 357.0
Cash Interest Paid 61.0 n/a 61.0