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This morning Baxter International Inc. reported third quarter net income rose 19 percent to $210 million from $177 million in the 1998 third quarter. Earnings per diluted share were 71 cents, up 16 percent from 61 cents in the prior year. Third quarter sales rose 11 percent to $1.59 billion from $1.43 billion in the year-earlier period. The company generated $121 million in cash flow during the quarter. Third quarter results exclude a 1998 third quarter special charge related primarily to litigation and hemoglobin therapeutics. Baxter's cardiovascular business, which the company previously announced it is spinning off, is reflected as a discontinued operation.

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