Breaking News Bar
updated: 8/28/2014 12:05 PM

Baxter refutes reports of impending move to Boston area

hello
Success - Article sent! close
  • Baxter International

      Baxter International
    File photo

 
Daily Herald Report

Deerfield-based Baxter International does not plan to move headquarters of either of its spinoff businesses to the Boston area, a spokeswoman said Thursday, refuting a report in the Boston Business Journal.

"As we stated in March, when we announced plans to create two separate, independent global health care companies, the corporate headquarters of both companies will be located in northern Illinois," Deborah Spak,

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

Baxter's director of global communications, said in an email.

The Boston Business Journal, quoting unnamed real estate sources, is reporting Baxter used the code name "Project Tiger" to seek 150,000 to 200,000 square feet of office space for a headquarters in Cambridge, Mass. The journal wrote on Wednesday that the company expects to subsequently add 200,000 square feet more in Cambridge.

Baxter in March announced plans to split into two units next year, with one focusing on medical products and the other on pharmaceuticals. "Given Baxter's size and scope, as well as our many partnerships and collaborations, there are often rumors circulating," Spak wrote in the email Thursday. "As a matter of course, we do not comment on rumors or speculation."

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
    help here