Baxter International's CEO Discusses Q2 2011 Results - Earnings Call Transcript

Baxter International (BAX)

Q2 2011 Earnings Call

July 21, 2011 8:30 am ET

Executives

Robert Parkinson - Chairman, Chief Executive Officer and President

Robert Hombach - Chief Financial Officer and Corporate Vice President

Mary Ladone - Vice President of Investor Relations

Analysts

Sara Michelmore - Brean Murray, Carret & Co., LLC

Matthew Miksic - Piper Jaffray Companies

Michael Matson - Mizuho Securities USA Inc.

Robert Hopkins

Michael Weinstein - JP Morgan Chase & Co

David Roman - Goldman Sachs Group Inc.

Kristen Stewart - Deutsche Bank AG

Frederick Wise - Leerink Swann LLC

David Lewis - Morgan Stanley

Rajeev Jashnani - UBS Investment Bank

Lawrence Keusch - Morgan Keegan & Company, Inc.

Presentation

Operator

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Good morning, ladies and gentlemen, and welcome to Baxter International Second Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this call is being recorded by Baxter and is copyrighted material. It cannot be recorded or rebroadcast without Baxter's permission. If you have any objections, please disconnect at this time. I would now like to turn the call over to Ms. Mary Kay Ladone, Corporate Vice President, Investor Relations of Baxter International. Ms. Ladone, you may begin.

Mary Ladone

Thanks, Sean. Good morning, everyone, and welcome to our Q2 2011 earnings conference call. Joining me today are Bob Parkinson, CEO and Chairman of Baxter International; and Bob Hombach, Chief Financial Officer.

Before we get started, let me remind you that this presentation, including comments regarding our financial outlook, new product developments and regulatory matters contain forward-looking statements that involve risks and uncertainties, and of course, our actual results could differ materially from our current expectations. Please refer to today's press release and our SEC filings for more details concerning factors that could cause actual results to differ materially.