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SEP 29, 2014 - Yahoo! News

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Baxter plans to open R&D center in Massachusetts for Baxalta spinoff

(Reuters) - Baxter International Inc on Monday said it would form a research and development center in Cambridge, Massachusetts, for the biopharmaceutical business it expects to spin off as a separate company in mid-2015. The new company, to be called Baxalta, is expected to employ about 400 people in research and development at the Cambridge facility, in addition to employees ...

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