EXHIBIT 21

Subsidiaries of Baxter International Inc.

			% owned by
			immediate
Subsidiary	Organized under laws of		parent(1)
Baxter International Inc.		Delaware
Baxter Healthcare Corporation		Delaware		100
Baxter Pharmaceutical Solutions LLC		Delaware		100
BioLife Plasma Services L.P.		Pennsylvania		99	(2)
Baxter World Trade Corporation		Delaware		100
Baxter Corporation		Canada		100
Baxter Export Corporation		Nevada		100
Baxter Sales and Distribution Corp.		Delaware		100	(3)
Baxter Healthcare Corporation of Puerto Rico		Alaska		100
Baxter Global Holdings II Inc.		Delaware		100
Baxter Holding B.V.		The Netherlands		100
Baxter AG		Switzerland		100
Baxter Healthcare (Holdings) Limited		United Kingdom		100
Baxter Healthcare Limited		United Kingdom		100
Baxter (Hellas) EPE		Greece		99.8	(2)
Baxter Healthcare Holding GmbH		Switzerland		100
Baxter Handel GmbH		Switzerland		100
Baxter Healthcare SA		Switzerland		100
Baxter Pacific Investments Pte Ltd		Singapore		100
Baxter (China) Investment Co., Ltd.		China		100
Baxter Healthcare (Guangzhou) Company Ltd		China		87.5
Baxter Healthcare (Shanghai) Company Ltd		China		100
Baxter Productos Medicos Ltda.		Costa Rica		100
Baxter Trading GmbH		Switzerland		100
Baxter BioScience, s.r.o.		Czech Republic		99.999	(2)
Baxter Innovations GmbH		Austria		100
Baxter AG		Austria		100
Baxter BioScience Manufacturing Sarl		Switzerland		100
Baxter Hospitalar Ltda.		Brazil		99.999	(2)
Baxter Netherlands Holding B.V.		The Netherlands		100
Baxter Deutschland Holding GmbH		Germany		94	(2)
Baxter Deutschland GmbH		Germany		100
Baxter Oncology GmbH		Germany		100
Baxter S.A.		Belgium		99.97	(2)
Eczacibasi-Baxter Hastane Urunleri Sanayi ve Ticaret A.S.		Turkey		49.99	(4)
Baxter S.A.S.		France		100
Baxter World Trade SPRL		Belgium		99.999	(2)
Baxter Global Holdings Inc.		Delaware		100
Baxter Healthcare Pty Ltd		Australia		99.999	(2)
Baxter Holding Mexico, S. de R.L. de C.V.		Mexico		99.999	(2)
Baxter S.A. de C.V.		Mexico		99.99	(2)
Baxter Holdings Limited		Japan		100
Baxter Limited		Japan		100
Baxter World Trade Italy S.R.L.		Italy		100
Baxter S.p.A.		Italy		98.98	(2)
Baxter Manufacturing S.p.A.		Italy		98.98	(2)
Bieffe Medital S.p.A.		Italy		99.30
Laboratorios Baxter S.A.		Delaware		100

Subsidiaries omitted from this list, considered in aggregate as a single subsidiary, would not constitute a significant subsidiary. All subsidiaries set forth herein are reported in the company’s financial statements through consolidation or under the equity method of accounting.

(1)	Including nominee shares.
(2)	Remaining shares owned by the company, or other subsidiaries of the company.
(3)	Of common stock, with preferred stock held by Baxter Healthcare Corporation.
(4)	Baxter’s total ownership in this joint venture is 50%. The remaining 0.01% is owned by other Baxter entities.