More Problems With Heparin, More Problems For Baxter (BAX)?

Posted: March 26, 2008 at 5:35 am

Baxter (NYSE: BAX) is probably retaining more lawyers. So far nineteen people have died from tainted Heparin, a blood-thinner. BAX is one of the largest marketers of the drug.

According to The Wall Street Journal, France, Italy and Denmark recalled the drug yesterday. The trouble is more wide-spread than previously thought.

The ingredients which cause the health problems appear to be made in China.

The question is why Baxter did not have closer look at a medicine used in heart surgery and dialysis.

Douglas A. McIntyre

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