EXHIBIT 21

Subsidiaries of Baxter International Inc.

			% owned by
	Organized under laws		immediate
Subsidiary	of		parent
Baxter International Inc.		Delaware		100
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 Deutschland Holding GmbH		Germany		100
Baxter Deutschland GmbH		Germany		100
Baxter Export Corporation		Nevada		100
Baxter Representaçoes Ltda		Brazil		100	(1)
Baxter Hospitalar Ltda		Brazil		99.999	(2)
Baxter Global Holdings II Inc.		Delaware		100
Baxter Holding B.V.	The Netherlands			100
Baxter Healthcare (Holdings) Limited	United Kingdom			100
Baxter Healthcare Limited	United Kingdom			100
Baxter Healthcare Holding GmbH		Switzerland		100
Baxter Handel GmbH		Switzerland		100
Baxter Healthcare SA		Switzerland		100
Baxter Trading GmbH		Switzerland		100
Baxter Trading GmbH		Austria		100
Baxter AG		Austria		100
Baxter BioScience Manufacturing Sarl		Switzerland		100
Baxter Holdings LLC		Delaware		100
Baxter Mexico, S. de R.L. de C.V.		Mexico		99.8	(2)
Baxter Holding Mexico, S. de R.L. de C.V.		Mexico		99.99	(2)
Baxter S.A. de C.V.		Mexico		99.9	(2)
Baxter Global Holdings Inc.		Delaware		100
Baxter Healthcare Pty Ltd		Australia		99.999	(2)
Baxter Healthcare (Asia) Pte Ltd		Singapore		100
Baxter Holdings Limited		Japan		100
Baxter Limited		Japan		100
Baxter Manufacturing S.p.A.		Italy		98.98	(2)
Bieffe Medital S.p.A.		Italy		99.3
Baxter S.A.		Belgium		99.64	(2)
Baxter S.A.S.		France		64.58	(1)(2)
Baxter Sales and Distribution Corp.*		Delaware		100	(3)
Baxter Healthcare Corporation of Puerto Rico		Alaska		100
Baxter Travenol S.A.S.		France		99.98	(1)(2)
Baxter S.A.S.		France		35.42	(1)(2)
Baxter World Trade S.A.		Belgium		100
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.

* Prior to January 1, 2007 Baxter Sales and Distribution Corp. was known as Baxter Services Corporation.