Baxter International Inc. (NYSE:BAX) will look for strategic acquisitions. Jose Almeida, Chairman and Chief Executive Officer said "we're thinking about the strategy and the overarching imperative of this strategy is to advance and significantly improve the intrinsic value of the company. And we're going to do that organically and eventually inorganically as well with some tuck-ins and strategic acquisitions that will supplement some of our business.

But -- so in the organic side to drive that, that intrinsic value multiplier is innovation, acceleration of innovation, expansion of our commercial footprint in areas that we currently don't participate well, as well as doubling down in operations excellence in all of our -- in all aspects of Baxter from the plants all the way to our back office".