BD Surpasses 1 Billion Injection Device Orders in Support of COVID-19 Vaccination Efforts Around the World

Rhea-AI Summary

BD (Becton, Dickinson and Company) has received pandemic orders exceeding 1 billion injection devices, including needles and syringes, to assist with COVID-19 vaccination globally. Shipments of over 300 million devices have already begun, with remaining orders scheduled for delivery through 2021. The company is also investing $1.2 billion over four years to enhance manufacturing capacity for pre-fillable syringes. BD collaborates with various governments to ensure vaccination readiness and has supplied millions of diagnostic products for COVID-19 treatment.

Positive

• Received orders for over 1 billion injection devices to support COVID-19 vaccination.
• Delivered over 300 million injection devices to date.
• Investing $1.2 billion to expand manufacturing capacity for pre-fillable syringes.
• Partnering with the U.S. government on a $70 million project to enhance operations.

Negative

• None.

FRANKLIN LAKES, N.J., Dec. 16, 2020 /PRNewswire/ -- BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced that it has received pandemic orders for needles and syringes totaling more than 1 billion injection devices to support global COVID-19 vaccination planning efforts.

This milestone reflects commitments from governments across the world, including the United States, Australia, Belgium, Canada, Germany, Netherlands, Saudi Arabia, Spain and the United Kingdom, among several others, as well as non-governmental organizations supporting vaccine deployment for developing countries.

Shipments are already underway and more than 300 million injection devices have been delivered around the world to date, with the remaining orders to be delivered between now and the end of 2021 to support vaccine administration. These devices are being shipped to governments or appointed distribution partners where they will then be distributed to health care facilities based on each country's individual distribution and allocation strategy. BD continues to be in discussions with governments and non-governmental organizations on the need to place orders immediately for delivery later in calendar year 2021 and 2022.

"This milestone is more than just a number – it represents hundreds of millions of people around the world, such as frontline workers and at-risk loved ones who will now be able to receive a vaccination the moment vaccines are available," said Rick Byrd, president of Medication Delivery Solutions for BD. "We recognize our manufacturing and supply chain teams who are working around the clock to make and deliver these essential devices throughout the world. From our decades of immunization experience, we also know our work doesn't stop at delivery. We are equally committed to providing resources to ensure health care communities globally have the right training tools and support on injection techniques to implement these campaigns."

The company continues to closely plan supply capabilities to ensure maximum volumes can be dedicated to COVID-19 efforts while minimizing disruption for routine health care and annual flu vaccination and childhood immunization programs.

In addition to supporting immediate efforts for COVID-19 vaccination readiness, BD is also working on multiple fronts to help ensure the global community is prepared for future pandemic vaccination efforts by:

• Partnering with the U.S. government on a $70 million capital project to further expand BD's operations and manufacturing capacity in Nebraska. The new capacity is expected to be online in summer 2021 and once completed, the federal government will have priority access to hundreds of millions of injection devices to support vaccination efforts for COVID-19 and future pandemics.
• Investing approximately $1.2 billion over a 4-year period to expand and upgrade manufacturing capacity and technology for pre-fillable syringes and advanced drug delivery systems to allow for continued growth of new injectable drugs and vaccines, but also provide surge capacity for increased pre-fillable syringe demand during times of pandemic response.
• Actively engaging with med-tech associations and research groups to address challenges, solutions and further innovation in support of a more sustainable future vaccine ecosystem.

BD is the largest manufacturer of injection devices in the world, producing billions of syringes and needles annually through its global manufacturing network. Learn more about BD's vaccination preparedness efforts at bd.com/vaccination.

In addition to ramping up manufacturing of needles and syringes, BD has been working closely with governments and multilateral organizations around the world to expand access to diagnostic testing and support treatment of COVID-19 patients. The company has supplied health care providers globally with millions of products used in of the fight against COVID-19, including swabs for flu and COVID-19 testing, rapid molecular diagnostic tests on the BD MAX™ System, 15-minute point-of-care antigen testing on the BD Veritor™ Plus System, infusion pumps, infusion sets and catheters. BD Biosciences instruments are also being used by researchers around the world to better understand the human immune response to COVID-19.

About BD
BD is one of the largest global medical technology companies in the world and is advancing the world of health by improving medical discovery, diagnostics and the delivery of care. The company supports the heroes on the frontlines of health care by developing innovative technology, services and solutions that help advance both clinical therapy for patients and clinical process for health care providers. BD and its 65,000 employees have a passion and commitment to help enhance the safety and efficiency of clinicians' care delivery process, enable laboratory scientists to accurately detect disease and advance researchers' capabilities to develop the next generation of diagnostics and therapeutics. BD has a presence in virtually every country and partners with organizations around the world to address some of the most challenging global health issues. By working in close collaboration with customers, BD can help enhance outcomes, lower costs, increase efficiencies, improve safety and expand access to health care. For more information on BD, please visit bd.com.

Forward-Looking Statements
This press release contains certain forward-looking statements regarding BD's manufacturing operations. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements, many of which are beyond the company's control. BD expressly disclaims any undertaking to update any such statements set forth herein to reflect events or circumstances after the date hereof, except as required by applicable laws or regulations.

Contacts:
Troy Kirkpatrick	Kristen M. Stewart, CFA
BD Corporate Communication	BD Investor Relations
858.617.2361	201.847.5378
troy.kirkpatrick@bd.com	kristen.stewart@bd.com

 

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SOURCE BD (Becton, Dickinson and Company)

FAQ

How many injection devices has BDX received orders for?

BDX has received orders for over 1 billion injection devices.

What percentage of injection devices has BDX already delivered?

BDX has delivered over 300 million injection devices to date.

What is BDX's investment plan for manufacturing capacity?

BDX plans to invest approximately $1.2 billion over four years to enhance manufacturing capacity.

What partnership is BDX involved in regarding COVID-19 vaccination?

BDX is partnering with the U.S. government on a $70 million capital project to expand operations.