The Value of Spin-Outs in Today’s Device World

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ARTICLE SUMMARY:

Even as much of the medical device industry is preoccupied with transitional M&A and scale, compelling and not altogether contrarian pressures are favoring a move toward spin-outs.

Almost exactly a year ago, Baxter International Inc. announced it would split its medical devices and biosciences/ pharmaceutical businesses into two publicly traded companies, with the medical device assets remaining within Baxter and the biopharma assets going to spin-off Baxalta.

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