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Baxter International's (BAX) shares have bumped up against resistance at $60 over the past three months, but I'm reiterating my buy rating for the company's shares, first recommended on March 13, 2009, at a price of $51.16. Here's why:

Versatility remains Baxter's key. Baxter makes a variety of medical products across three divisions, including drugs and vaccines, dialysis equipment, and IV supplies. The company should record a FY2010 revenue increase of 7% to 10%, led by demand for recombinants, plasma proteins, and antibody therapies in its bioscience unit.

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Baxter International Is Undervalued originally appeared on BloggingStocks on Mon, 11 Jan 2010 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Baxter Internationaldialysis equipmentinthenewsIV suppliesmedical suppliesvaccinesMon, 11 Jan 2010 10:00:00 EST<![CDATA[Merck (MRK) issues recall for childhood vaccines]]>http://www.bloggingstocks.com/2007/12/13/merck-mrk-issues-recall-for-childhood-vaccines/http://www.bloggingstocks.com/2007/12/13/merck-mrk-issues-recall-for-childhood-vaccines/http://www.bloggingstocks.com/2007/12/13/merck-mrk-issues-recall-for-childhood-vaccines/#commentsFiled under: , , , ,

Drug maker Merck & Co. (NYSE : MRK) announced yesterday that it had recalled slightly over one million doses [subscription required] of its childhood vaccine Hib.

For parents out there, this recall, at this time, appears to be more proactive than anything else. According to Merck, the company decided to recall approximately 1.2 million doses of the popular childhood vaccine after it discovered that the equipment used to make the vaccine had been contaminated with bacteria.

For those of you who are not familiar with the Hib vaccine, it is used to vaccinate children against meningitis, pneumonia and other serious illnesses.

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Merck (MRK) issues recall for childhood vaccines originally appeared on BloggingStocks on Thu, 13 Dec 2007 13:22:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>drugsHibinthenewsMerckMRKrecallsSanofi AventisSanofiAventisSNYvaccinesThu, 13 Dec 2007 13:22:00 EST