Hospira, Inc.
Pharmaceutical company, ICU Medical enter critical care product line partnership
Published in Medicine and Law Weekly, March 25th, 2005
ICU Medical will purchase Hospira's Salt Lake City manufacturing facility, and related capital equipment and inventory, for approximately $35 million in cash.
ICU will assume responsibility for manufacturing the critical care products currently produced at the plant. Hospira will continue to sell the critical care products under the Hospira label, and retain commercial responsibility - including sales, marketing, customer contracting, customer service, and distribution.
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