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BioScience continues to lead Baxter's sales

This article was originally published in Scrip

Executive Summary

Baxterhas continued its strong 2008 performance with a net income of $472 million in the third quarter, representing an increase of 19% compared with the same period last year. The company's total sales increased by 15% to $3.2 billion in the third quarter, $77 million above Morgan Stanley analysts' expectations, though this was significantly bolstered by a 6% favourable effect from exchange rates.

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