Baxter Announces Licensing Agreement for Innocoll's Gentamicin Surgical Implant in the Uni...(ietary collagen-based technologies Colla...)

Date:8/25/2008

ietary collagen-based technologies, CollaRx(R) and Liquicoll(R). Innocoll's lead product, Gentamicin Surgical Implant for the treatment and prevention of SSIs, is approved for sale in 49 countries in Europe, Latin America, the Middle East, Africa and Asia. The gentamicin surgical implant is currently in Phase III development in the United States for the prevention of SSIs. Other late stage pharmaceutical products in Innocoll's development pipeline include CollaRx Gentamicin Topical for the treatment and prevention of infected diabetic foot ulcers and CollaRx Bupivacaine Implant for the management of post-operative pain, both of which are currently in Phase II development. For more information, please visit http://www.innocollinc.com.

About Baxter

Baxter Healthcare Corporation is the principal U.S. operating subsidiary of Baxter International Inc. (NYSE: BAX). Baxter International Inc. develops, manufactures and markets products that save and sustain the lives of people with hemophilia, immune disorders, cancer, infectious diseases, kidney disease, trauma, and other chronic and acute medical conditions. As a global, diversified healthcare company, Baxter applies a unique combination of expertise in medical devices, pharmaceuticals and biotechnology to create products that advance patient care worldwide.

This release includes forward-looking statements regarding Baxter's expectations related to its licensing agreement with Innocoll and the timing of U.S. regulatory approval of Innocoll's gentamicin surgical implant. These statements are based on assumptions about many important factors, including the following, which could cause actual results to differ materially from thos
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SOURCE Baxter Healthcare Corporation Copyright©2008 PR Newswire. All rights reserved

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