Baxter Showcases PN Product Portfolio at ASPEN Conference

Baxter International Inc BAX recently announced that it will be commercially launching its patented olive oil-based lipid injectable emulsion, Clinolipid, in the United States, later in 2019.The company made the announcement at the 2019 ASPEN (American Society for Parenteral and Enteral Nutrition) Nutrition Science and Practice Conference, where it primarily demonstrated a broad and comprehensive portfolio of parenteral nutrition (PN) products.

Apart from that, information pertaining to the company’s educational initiative for physicians, including that of the “Smart PN” tools, was also provided to attendees of the conference.

Baxter is a global pioneer in the field of clinical nutrition. The launch of this product will be a crucial step toward the company’s goal of strengthening its lipid portfolio and offering enhanced health care to malnourished patients.

About the PN Product Portfolio

The clinical nutrition portfolio of Baxter, showcased at this conference, comprises PN premix IV solutions, vitamins and lipids. PN is prescribed by nutritionists as an intravenous administration of nourishment forcritically ill and post-surgical patients who cannot maintain a sufficient source of calories orally or enterally. The portfolio of PN products consists of proteins, carbohydrates, fats, electrolytes, vitamins and trace elements, each of which significantly contributes toward curbing clinical malnutrition and attaining better health outcomes.

Market Prospects

Per Grand View Research, the global parenteral nutrition market reached a worth of $5.3 billion in 2018 and is expected to see a CAGR of 5.8% over the forecast period of 2019-2026.

Considering the abundant market prospects, the launch of the Clinolipid by Baxter is strategically-timed.

Recent Clinical Nutrition Business Developments

Of late, Baxter has been consistently expanding its clinical nutrition business. The company  has been focusing on growth recovery in this segment, through market education and bolstering supply availability.

In December 2018,Baxter collaborated with the European Foundation for the Care of Newborn Infants (EFCNI) with a view to improve nutritional care for the preterm born in Europe.

In October 2018, Baxter launched an educational video series on the appropriate use of parenteral nutrition.This was part of SmartPN, a tie-up between Baxter and ASPEN, to alleviate cases of clinical malnutrition.

Around the same time,Baxter launched the Olimel 7.6% high protein nutrition formulation at the 2018 ESPEN Congress. This was also a recent addition to the company’s olive oil-based PN portfolio.

Price Performance

Over the past year, Baxter stock has outperformed the industry it belongs to. The stock has rallied 21.6%, higher than the industry’s rise of 8.7%.

Zacks Rank and Other Key Picks

Baxter currently carries a Zacks Rank #2 (Buy).

Some other top-ranked stocks in the broader medical space are Stryker Corporation SYK, Penumbra, Inc. PEN and Varian Medical Systems, Inc VAR. Notably, each of these stocks currently carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Stryker’s long-term earnings growth rate is projected at 10%

Penumbra’s long-term earnings growth rate is estimated at 20.9%.

Varian’s long-term earnings growth rate is expected at 8%.

Zacks' Top 10 Stocks for 2019

In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year? Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%.

See Latest Stocks Today >>  

Click to get this free report

Varian Medical Systems, Inc. (VAR): Free Stock Analysis Report

Penumbra, Inc. (PEN): Free Stock Analysis Report

Baxter International Inc. (BAX): Free Stock Analysis Report

Stryker Corporation (SYK): Free Stock Analysis Report

To read this article on click here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest Technology Videos


Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at

Learn More