Baxalta Incorporated Spun Off From Baxter International, Inc. on July 1, 2015

Baxalta Inc. was formed on July 1, 2015 as a spin-off from Baxter International, thus explaining why some of your local Conejo Valley Baxter employee acquaintances may have changed their LinkedIn profile to Baxalta. 

Baxalta (NYSE: BXLT) is a $6 billion global biopharmaceutical company developing, manufacturing and commercializing therapies for orphan diseases and underserved conditions in hematology, oncology and immunology.  Headquartered in Northern Illinois, Baxalta employs 16,000 employees worldwide and has a current market valuation of about $22 billion, which is higher than Baxter International's current market cap (as of 10/16/15) of $18.4 billion.

And if you're looking for a local job, Baxalta is one of the largest employers in the Conejo Valley.

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