Baxter’s Profits Smashed by Hurricane Helene—Medical Supply Chain in Chaos

Baxter’s Profits Smashed by Hurricane Helene—Medical Supply Chain in Chaos

Baxter International slashed its annual profit forecast after Hurricane Helene crippled key manufacturing plants, disrupting production of vital hospital supplies. The company’s stock plunged as investors reacted to the storm’s massive ripple effects across the medical supply chain.

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