MASSDEVICE ON CALL — Baxter (NYSE:BAX) told reporters this week that the company is cutting 400 positions from a facility in Puerto Rico, where it is also investing $35 million for a brand new manufacturing line.
The cuts represent 44% of the facility’s workforce, where Baxter last year invested $2.5 million for a small production line.
The facility is getting upgrades that include "higher levels of technology and automation than existing work performed at the facility," a Baxter spokesperson told Outsourcing-Pharma.com.
Baxter also plans to shift the manufacturing facility’s focus from "production of sets and components used to administer intravenous solutions and medications – to more advanced manufacturing of intravenous solutions and medications."
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