Baxalta
Baxalta was a $6 billion global biopharmaceutical company that developed and commercialized specialty therapeutics for hematology, immunology, and oncology conditions, serving patients and healthcare providers worldwide from its Illinois headquarters with 10,000+ employees.
- Company typePrivate
- Founded2014
- HeadquartersIllinois City, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Baxalta does
Baxalta Incorporated was a global biopharmaceutical company that developed and commercialized specialty therapeutics for patients with hematologic, immunologic, and oncologic conditions. Founded in 2014 and headquartered in Illinois, United States, the company operated as a publicly traded entity on the NYSE under ticker BXLT and was characterized as a $6 billion global biopharmaceutical leader with more than 10,000 employees.
Baxalta's commercial portfolio centered on rare and serious disease therapeutics, with oncology as a strategic growth vertical. On July 23, 2015, the company acquired ONCASPAR (pegaspargase), a specialty biologic indicated for acute lymphoblastic leukemia, expanding its hematology/oncology franchise and reinforcing its positioning in orphan-indication therapeutics where clinical complexity and regulatory exclusivity support durable franchises.
The company monetized its portfolio through branded specialty pharmaceutical sales to hospitals, specialty pharmacies, and treatment centers, generating $6 billion in revenue at scale with 10,000+ employees. Baxalta was delisted from the NYSE following a corporate transaction, ending its standalone operating history and absorbing its assets and pipeline into a larger pharmaceutical parent.
Baxalta firmographics
Firmographics- Name
- Baxalta
- Website
- https://baxalta.com
- Company type
- Private
- Founded year
- 2014
- Headcount range
- 5,001–10,000 employees
- Short description
- Baxalta was a $6 billion global biopharmaceutical company that developed and commercialized specialty therapeutics for hematology, immunology, and oncology conditions, serving patients and healthcare providers worldwide from its Illinois headquarters with 10,000+ employees.
- Ownership category
- akta.pro rank
Baxalta industry classification
Industry- Product category
- Specialty Biopharmaceuticals
- NAICS
- Biological Product (except Diagnostic) Manufacturing (325414), Pharmaceutical and Medicine Manufacturing (3254), Pharmaceutical Preparation Manufacturing (325412)
- SIC
- Biological Products, (No Disgnostic Substances) (2836), Pharmaceutical Preparations (2834)
- akta.pro primary industry
- Plasma Fractionation & Purification Manufacturing (HLAIAHAI)
- akta.pro secondary industries
- Plasma-Derived Therapeutics (immunoglobulins, albumin, clotting factors) (HLAAAAAI), Rare Oncology & Hematologic Malignancy Therapies (HLAIAIAC)
Keywords
Where Baxalta is headquartered
LocationHeadquarters
- HQ city
- Illinois City
- HQ country
- United States
- HQ region
- North America
Markets served
Baxalta business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain, Infrastructure
Baxalta product offering
Product offeringCore offering
Baxalta was a global biopharmaceutical company that developed, manufactured, and commercialized specialty biologic therapies for rare and underserved patient populations in hematology, immunology, and oncology. The company built a portfolio around hospital-administered biologic treatments such as ONCASPAR (pegaspargase) for acute lymphoblastic leukemia, distributing them to specialty healthcare providers worldwide.
Differentiator
Problem solved
Functional benefit
Products and services
- ONCASPAR (pegaspargase) ONCASPAR (pegaspargase) is a biologic therapy used as a component of multi-agent chemotherapy regimens for patients with acute lymphoblastic leukemia (ALL). Following Baxalta's 2015 acquisition, it became part of the company's specialty hematology/oncology franchise distributed to hospitals and specialty oncology treatment centers.
Companies that use Baxalta
Customer profileIdeal customer profiles1 record
Baxalta technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Baxalta partnerships and signals
Strategic signalExpansion highlights4 records
Baxalta competitors and assessment
Company assessmentDirect peers
- Alexion Pharmaceuticals: Alexion specialized in rare-disease therapeutics (complement-mediated diseases), making it a direct peer in the rare-disease specialty biopharmaceutical category.
- CSL Behring: CSL Behring is the global leader in plasma-derived therapeutics, directly competing with Baxalta in immunoglobulins, clotting factors, and specialty plasma products.
- Octapharma: Octapharma is one of the largest privately held plasma fractionators globally, competing directly with Baxalta in immunoglobulin and coagulation-factor markets.
- Swedish Orphan Biovitrum (Sobi): Sobi is a European rare-disease biopharmaceutical company with significant overlap in hematology and immunology franchises, directly comparable to Baxalta's portfolio.
- Shire plc: Shire was the direct acquirer of Baxalta in 2016 and operated in the same rare-disease and specialty biopharmaceutical space, with overlapping hematology, immunology, and rare-disease franchises.
- Grifols: Grifols is a major plasma fractionator and specialty biopharmaceutical company with a directly overlapping plasma-derived therapeutics portfolio.
- Bioverativ: Bioverativ focused on hemophilia and rare blood disorders before being acquired by Sanofi, directly overlapping Baxalta's hematology franchise.
Emerging players
- BioMarin Pharmaceutical: BioMarin focuses on rare-disease therapeutics for serious genetic conditions, making it a comparable specialty biopharma peer with similar business-model dynamics.
- Vertex Pharmaceuticals: Vertex develops specialty therapeutics for serious diseases including rare genetic disorders, sharing the high-priced, specialty-care commercial model of Baxalta.
Broad incumbents
- Genzyme (Sanofi): Sanofi's Genzyme unit operates a broad rare-disease specialty portfolio with overlapping rare hematology and immunology capabilities, competing with Baxalta across multiple indications.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Baxalta social profiles
Digital presenceBaxalta financial estimates
Financial estimateRevenue estimate
Valuation estimate
Baxalta leadership team
Management profileNumber of profiles
Baxalta funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Baxalta M&A and investment
M&A and investmentM&A1 record
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Baxalta
What does Baxalta do?
Baxalta was a global biopharmaceutical company that developed, manufactured, and commercialized specialty biologic therapies for rare and underserved patient populations in hematology, immunology, and oncology. The company built a portfolio around hospital-administered biologic treatments such as ONCASPAR (pegaspargase) for acute lymphoblastic leukemia, distributing them to specialty healthcare providers worldwide.
When was Baxalta founded?
Baxalta was founded in 2014. It employs 5,001 to 10,000 people.
Where is Baxalta based?
Baxalta is headquartered in Illinois City, United States, in the North America region.
Who are Baxalta's main competitors?
Direct peers on record are Alexion Pharmaceuticals, CSL Behring, Octapharma, Swedish Orphan Biovitrum (Sobi), Shire plc, Grifols and Bioverativ. Emerging players are BioMarin Pharmaceutical and Vertex Pharmaceuticals. Genzyme (Sanofi) is listed as a broad incumbent.
Does Baxalta have an API?
No public API is recorded for Baxalta.
What industry is Baxalta in?
Baxalta's product category is Specialty Biopharmaceuticals. Its primary akta.pro industry code is HLAIAHAI, Plasma Fractionation & Purification Manufacturing, with a secondary code of HLAAAAAI, Plasma-Derived Therapeutics (immunoglobulins, albumin, clotting factors). Its NAICS code is 325414 and its SIC code is 2836.