Money

Baxter CMO business to decline 10% after loss of ‘major customer’

Update

Baxter CMO business to decline 10% after loss of ‘major customer’

By Zachary Brennan

Baxter’s contract manufacturing business is expected to take a nearly 10% hit as one of its "major customers" has elected to self-manufacture products previously made by the CMO (contract manufacturing organization), Baxter CFO James Saccaro...