Vantive, a kidney care company that was spun off from Baxter International earlier this year, will establish its headquarters in Deerfield.
Vantive, which formerly operated as Baxter’s Kidney Care segment, will invest $23 million in the headquarters site at 510 Lake Cook Road. Equipment manufacturer Caterpillar formerly occupied the site.
The new headquarters will allow Vantive to expand its facilities and pharmacy operations, creating at least 50 new full-time jobs, according to a news release.
“We are proud to continue our legacy of innovation in Deerfield, Illinois, which has served as an important anchor for our mission-driven work over the last several decades,” Vantive CEO Chris Toth said in the news release. “Illinois offers a strong healthcare ecosystem, a highly skilled workforce, and a supportive business environment — all of which provide an ideal foundation for Vantive’s next phase of success.
Gov. JB Pritzker, who attended a ribbon-cutting at the new headquarters Friday, said Vantive’s investment in Illinois will establish the state as a leader in the organ therapy sector.
“Illinois is at the center of an innovation ecosystem that will deliver history-altering advancements to the world, and Vantive is a perfect example of that mission,” Pritzker said.
