Baxter Warning Letter Ends a $50M Cephalosporin Line With 60% Margins
Baxter International is shutting down a cephalosporin business that, by its own numbers, brings in about $50 million in sales and $30 million in operating income this year. The reason is an FDA warning letter to its Round Lake, Illinois injectables plant, and the bill for that letter lands partly on the hospitals and distributors…








