Baxter International Inc. is denying a media report the Deerfield-based health care products company is planning a headquarters move to the Boston area after it completes the spinoff of its biopharmaceuticals business next year.
The Boston Business Journal reported Wednesday that Baxter is seeking to relocate its corporate headquarters to a major laboratory and office complex in Cambridge, Massachusetts, citing unnamed real estate sources.
“As we stated in March, when we announced plans to create two separate, independent global healthcare companies, the corporate headquarters of both companies will be located in northern Illinois,” Baxter spokeswoman Deborah Spak said in an email statement. “Given Baxter’s size and scope, as well as our many partnerships and collaborations, there are often rumors circulating. As a matter of course, we do not comment on rumors or speculation.”
BY FRANCINE KNOWLES, Staff Reporter