Baxter buy stake in Sigma IV pump

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Intravenous products: Forbes.com report ‘Baxter International Inc. said Wednesday it bought a stake in Sigma International and will market one of the company’s infusion pumps, paying $100 million upfront in the deal.

Baxter will buy a 40 percent stake in Sigma of Medina, N.Y., and could pay an additional $130 million if the Spectrum pumps reach development, regulatory and commercial milestones, or buy the company outright. The deal is not expected to have a significant impact on Baxter’s results this year”.

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