BAXTER INTERNATIONAL INC
SC 13D, 1997-02-14
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
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<PAGE>
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                 SCHEDULE 13D

                 Under the Securities Exchange Act of 1934
                            (Amendment No.          )*
                                          ---------

                          Apache Medical Systems, Inc.
           --------------------------------------------------------
                                (Name of Issuer)

                     Common Stock, $0.01 par value per share
           --------------------------------------------------------
                          (Title of Class of Securities)

                                  03746E 10 2
           --------------------------------------------------------
                                 (CUSIP Number)

                            J. Patrick Fitzsimmons
                              One Baxter Parkway
                     Deerfield, IL 60015  (847) 948-3827
           --------------------------------------------------------
           (Name, Address and Telephone Number of Person Authorized
                     to Receive Notices and Communications)

                                   July 3, 1996
           --------------------------------------------------------
            (Date of Event which Requires Filing of this Statement)

   If the  filing  person has  previously filed a  statement on Schedule 13G to
report the  acquisition  which  is the  subject  of this  Schedule 13D,  and is
filing this  schedule  because of Rule 13d-1(b)(3) or (4),  check the following
box / /.

   Check the following box if a fee is being paid with this statement  / /.  (A
fee is not required only if the reporting person:  (1) has a previous statement
on file  reporting  beneficial ownership of more than five percent of the class
of securities  described in Item 1;  and  (2) has filed no amendment subsequent
thereto  reporting  beneficial ownership of five percent or less of such class.
(See Rule 13d-7.)

   NOTE:  Six copies of this statement, including all exhibits, should be filed
with the Commission.  See Rule 13d-1(a) for other parties to whom copies are to
be sent.

   *The remainder of  this cover  page  shall  be  filled  out  for a reporting
person's  initial  filing on this  form with  respect to the  subject  class of
securities,  and for any  subsequent  amendment  containing  information  which
would alter disclosures provided in a prior cover page.

   The information  required on the  remainder of this  cover page shall not be
deemed to be "filed"  for the purpose of  Section 18 of the Securities Exchange
Act of 1934  ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other  provisions of the Act  (however, see
the Notes).


                        (Continued on following page(s))

                              Page 1 of  3  Pages
                                        --- 


<PAGE>

CUSIP No. 03746E102                   13D                 Page  2  of  3  Pages
          ---------                                            ---    --- 


- -------------------------------------------------------------------------------
 (1) Names of Reporting Persons.  S.S. or I.R.S. Identification Nos. of Above
     Persons

     BAXTER INTERNATIONAL INC
     I.R.S. Identification Number: 36-0781620
     BAXTER HEALTHCARE CORPORATION
     I.R.S. Identification Number: 36-2999006
- -------------------------------------------------------------------------------
 (2) Check the Appropriate Box if a Member     (a)  / /
     of a Group*                               (b)  / /
- -------------------------------------------------------------------------------
 (3) SEC Use Only

- -------------------------------------------------------------------------------
 (4) Source of Funds*
     WC
- -------------------------------------------------------------------------------
 (5) Check if Disclosure of Legal Proceedings is Required Pursuant to
     Items 2(d) or 2(e)
- -------------------------------------------------------------------------------
 (6) Citizenship or Place of Organization
     DELAWARE
- -------------------------------------------------------------------------------
Number of Shares              (7) Sole Voting Power
 Beneficially Owned               -0-
 by Each Reporting           --------------------------------------------------
 Person With                  (8) Shared Voting Power
                                  573,346
                             --------------------------------------------------
                              (9) Sole Dispositive Power
                                  -0-
                             --------------------------------------------------
                             (10) Shared Dispositive Power
                                  573,346
- -------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
     573,346
- -------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares*

- -------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
     7.82%
- -------------------------------------------------------------------------------
(14) Type of Reporting Person*
     CO
- -------------------------------------------------------------------------------
                    *SEE INSTRUCTION BEFORE FILLING OUT!


<PAGE>
                                                          Page  3  of  3  Pages
                                                               ---    --- 

This Schedule 13D relates to the holdings of Baxter Healthcare Corporation, a 
Delaware corporation ("Purchaser"), of 573,346 shares of common stock, $0.01 
par value, of Apache Medical Systems, Inc., a Delaware corporation (the 
"Company").

ITEM 1.  SECURITY AND ISSUER

This statement relates to the common stock, $0.01 par value (the "Shares"), 
of the Company. The address of the principal executive offices of the Company 
is:

                             1650 Tysons Boulevard
                            McClean, Virginia 22102
                           Telephone: (703) 847.1400


ITEM 2.  IDENTITY AND BACKGROUND

This statement is being filed by Purchaser and Baxter International Inc., a 
Delaware corporation, and the owner of 100% of the capital stock of Purchaser 
(the "Parent"). The principal executive offices of Purchaser and Parent are 
located at One Baxter Parkway, Deerfield, Illinois, 60015. Purchaser and 
Parent are engaged in the worldwide development, distribution and manufacture 
of a diversified line of products, systems and services used primarily in the 
healthcare field.

Neither Parent nor Purchaser, nor, to the best of the knowledge of Parent and 
Purchaser, any director or executive officer of Parent or Purchaser, has 
been, during the last five years, (a) convicted in a criminal proceeding 
(excluding traffic violations or similar misdemeanors) or (b) a party to a 
civil proceeding of a judicial or administrative body of competent 
jurisdiction and as a result of such proceeding was or is subject to a 
judgment, decree or final order enjoining future violations of, or 
prohibiting or mandating activities subject to, federal or state securities 
laws or finding any violation with respect to such laws.


ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

Purchaser received the funds necessary to purchase the Shares from Parent. 
Parent transferred such funds to Purchaser from Parent's working capital.


ITEM 4.  PURPOSE OF TRANSACTION

The purpose of the purchase of Shares by Purchaser was to give Purchaser and 
Parent an equity interest in the Company. This statement is filed as a result 
of the July 3, 1996 completion of the Company's initial public offering.

Other than as described above, neither Purchaser nor Parent has any plans or 
proposals which related to, or may result in, any of the matters listed in 
Items 4(a)-(j) of Schedule 13D (although each reserves the right to develop 
such plans).


ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER

Except as set forth above, neither Purchaser, Parent, nor, to the best of the 
knowledge of Purchaser and Parent, any director or executive officer of 
Purchaser or Parent beneficially owns any other Shares.

   (a) Purchaser and Parent share the power to vote and dispose of the Shares.

   (b) The Shares were acquired prior to July 3, 1996.

   (c) Not applicable

   (d) Not applicable


ITEM 6.  CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
  TO SECURITIES OF THE ISSUER.

Except as set forth above, to the best knowledge of Purchaser and Parent, no 
contracts, arrangements, understandings or relationships (legal or otherwise) 
exist among the persons named in Item 2 above, or between such persons and 
any other person with respect to any securities of the Company, including, 
but not limited to, transfer or voting of such securities, finder's fees, 
joint ventures, loan or option arrangements, puts or calls, guarantees of 
profits, division of profits or loss, or the giving or withholding or proxies.


ITEM 7.  MATERIAL TO BE FILED AS EXHIBITS







                                  SIGNATURE

    After reasonable inquiry and to the best of their knowledge and belief, 
each of the undersigned corporations certifies that the information set forth 
in this statement is true, complete and correct.


DATE: February 14, 1997



                                       BAXTER HEALTHCARE CORPORATION


                                       By: /s/ J. Patrick Fitzsimmons
                                           -------------------------------------
                                           Assistant Secretary



                                       BAXTER INTERNATIONAL INC.

                                       By: /s/ A. Gerard Sieck
                                           -------------------------------------
                                           Secretary




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