TypeSubsidiaryFounded2015 Spun off from Baxter InternationalFateAcquired by ShireHeadquartersUnited StatesKey peopleLudwig N. Hantson (president and CEO)

Is Baxalta same as Baxter?

Baxalta, which is currently a wholly owned subsidiary of Baxter, was formed to hold Baxter’s biopharmaceuticals business.

When did Baxter spin off Baxalta?

Below is information regarding calculating your cost basis in certain companies that Baxter has spun-off in one or more transactions. Those transactions most recently include the July 2015 spin-off of Baxalta Incorporated (which was subsequently acquired by Shire plc).