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Business Description
Baxter International Inc. engages in the worldwide development, manufacture and distribution of a diversified line of products, systems and services used primarily in the healthcare field. The Company manufactures products in 28 countries and sells them in over 100 countries. Healthcare is concerned with the preservation of health and with the diagnosis, cure, mitigation and treatment of disease and body defects and deficiencies. The Company's products are used by hospitals, clinical and medical research laboratories, blood and blood dialysis centers, rehabilitation centers, nursing homes, doctors' offices and by patients, at home, under physician supervision.

Financial Information
Baxter International engages in the worldwide development, manufacture and distribution of products, systems and services used primarily in the health-care field. For the six months ended 6/30/02, revenues rose 10% to $3.97 billion. Net income before acct. chg. fell 3% to $453 million. Revenues reflect growth in the company's Medication Delivery, BioScience and Renal segments. Earnings reflect increased research and development expenses.