The latest update is out from Baxter International ( (BAX) ).
Baxter International Inc. is tackling the aftermath of Hurricane Helene, which has halted production at its North Cove facility due to severe flooding. The company is focused on minimizing patient care disruptions by managing inventory and reallocating resources, with plans to resume phased production and reach near-full capacity for certain products by year’s end. Investors are advised to follow Baxter’s updates on their website and upcoming earnings announcement for further information on the financial impact and recovery progress.
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