Historically Baxter was founded in 1931 to distribute intravenous solutions manufactured by its namesake, Dr. Donald Baxter. The company went public in 1951, and had become the world’s largest hospital supplier by 1985. It had immense success with the selling the first home portable dialysis machine. In 1992 it controlled an insurmountable 75% of the dialysis market. It has diversified lately into selling equipment both to aid surgical procedures, and medical devices. In the first decade of the 21st century, the company has hit more unfortunate straits, and despite continued growth, it has been subject to several major FDA warnings, seizures and injunctions [22]. Similar to many other businesses in the pharmaceutical industry, Baxter showed a great increase in stock price just before the crash in 2009.