Welcome to our dedicated page for Becton, Dickinson and Co. news (Ticker: BDX), a resource for investors and traders seeking the latest updates and insights on Becton, Dickinson and Co. stock.
Becton, Dickinson and Company (BD) (NYSE: BDX) is a global medical technology firm committed to advancing healthcare through the development, manufacture, and sale of a broad range of medical supplies, devices, laboratory equipment, and diagnostic products. Established in 1897, BD's mission is to enhance medical discovery, diagnostics, and care delivery. The company's extensive product portfolio serves healthcare institutions, physicians, life science researchers, and others across the globe.
BD is noted for being the world’s largest manufacturer and distributor of medical surgical products such as needles, syringes, and sharps-disposal units. The company also excels in producing pre-filled devices, diagnostic instruments, and reagents. Furthermore, BD offers sophisticated flow cytometry and cell-imaging systems. BD Medical represents nearly half of the company's total business, while BD Life Sciences and BD Interventional contribute 27% and 24% of the 2023 revenue, respectively. Impressively, international revenue accounts for 43% of the company's business.
Recent achievements and projects underscore BD's commitment to innovation and sustainability. The company recently collaborated with health care institutions in Denmark to explore recycling used blood collection tubes, achieving significant environmental advancements without compromising safety or quality.
In a pivotal development, BD announced the global commercial release of new cell sorters, enabling researchers in fields such as cell biology, cancer research, and immunology to gain new insights. The BD FACSDiscover™ S8 Cell Sorters incorporate groundbreaking technologies like BD CellView™ Image Technology and BD SpectralFX™ Technology, significantly enhancing real-time imaging and spectral flow cytometry.
BD also reported robust financial performance for the second quarter of fiscal 2024, highlighting strong operating margins and cash flow. This success led to an optimistic outlook and an increased earnings guidance, demonstrating the company’s resilience and strategic execution.
Further solidifying its market position, BD is set to acquire Edwards Lifesciences' Critical Care product group for $4.2 billion. This acquisition expands BD’s portfolio in smart connected care solutions, leveraging advanced AI algorithms for better patient outcomes and adding significant value to its operations.
With a presence in almost every country and a workforce of over 70,000 employees, BD remains dedicated to advancing the world of health. The company works closely with customers and partners globally to address complex health challenges, enhance clinical outcomes, and expand access to healthcare.
BD (Becton, Dickinson and Company) has received 510(k) clearance from the FDA for the Rotarex™ Atherectomy System, expanding its indications to include treatment in peripheral arteries with stents, stent grafts, and bypasses. This device can now assist in the treatment of in-stent restenosis, a complication often arising in patients with peripheral arterial disease (PAD). With over a decade of clinical use, the Rotarex™ System is recognized for its efficacy in effectively managing arterial lesions and improving patient outcomes.
BD (Becton, Dickinson and Company) will report its fiscal 2021 fourth quarter and full year financial results on Nov. 4, 2021. A press release will be issued at approximately 6 a.m. ET, followed by a conference call and webcast at 8 a.m. ET to discuss the results and company strategy. Investors can access the webcast on BD's investor relations website. BD is a leading global medical technology company committed to improving healthcare through innovative technologies.
BD (Becton, Dickinson and Company) has joined the Race to Zero and the Business Ambition for 1.5°C, pledging to achieve net-zero emissions by 2050. This initiative aims to combat climate change, with commitments to reduce Scope 1 and 2 GHG emissions by 46% by 2030 and to be carbon neutral by 2040. The announcement will be celebrated on September 25, 2021, at the Global Citizen LIVE.
BD (Becton, Dickinson and Company) has been selected by Washington state to provide its BD Veritor™ Plus rapid antigen test for COVID-19 in K-12 schools. This easy-to-use test delivers results in just 15 minutes and will be available at no cost through a partnership with the Washington Department of Health. Schools can opt for a full-service testing program managed by Premier Medical Group, which will oversee testing protocols and result reporting. This service aims to keep schools open and safe while containing COVID-19 spread. The BD Veritor™ Plus system is authorized for emergency use, pending FDA clearance.
Vicarious Surgical and D8 Holdings Corp. have secured an additional
BD (Becton, Dickinson and Company) has received FDA Emergency Use Authorization for its BD Veritor™ At-Home COVID-19 Test. This is the first at-home rapid antigen test to use smartphone computer vision technology to digitally interpret results. The test requires no prescription and provides results in 15 minutes using a nasal swab and a mobile app. Initially targeting businesses and schools amid rising COVID-19 cases, the test aims to facilitate easier home testing, fulfilling government and business mandates for regular testing.
BD (Becton, Dickinson and Company) announced the launch of the BD COR™ System, a fully automated high-throughput diagnostic platform for infectious disease testing, specifically designed for core and centralized laboratories in the U.S. The system enhances laboratory efficiency by automating sample processing and diagnostics, eliminating extensive manual handling. Initially, it will support the BD Onclarity™ HPV Assay, capable of detecting multiple high-risk HPV types. This launch, following prior approval in Europe, marks a significant step in BD's molecular diagnostics strategy, enhancing capabilities for high-volume labs.
Becton, Dickinson and Company (NYSE: BDX) announced its tender offers for purchasing senior notes totaling $1,285,000,000. The offers include all of the Company’s 2.894% notes due 2022 and 3.300% notes due 2023, along with up to the maximum limits of several 2024 notes. Total Considerations for these notes are detailed, with early tender payments set at $30. The company expects to accept only those Maximum Tender Offer Notes validly tendered by the Early Tender Date of August 18, 2021. Investors are directed to the Offer to Purchase for complete terms.
Becton, Dickinson and Company (BD) announced early tender results for its cash tender offers on senior notes due 2022 and 2023, with a total maximum cap of $1.285 billion. As of August 18, 2021, $877.6 million of the 2.894% senior notes and $128.1 million of the 3.300% senior notes were tendered. The company plans to redeem any untendered 2.894% notes by September 13, 2021. The tender offers will lead to early settlements on August 20, 2021, with a prorated acceptance for certain notes exceeding their tender caps.
BD (Becton, Dickinson and Company) (NYSE: BDX) has announced the launch of the BD FACSymphony™ A1 Cell Analyzer, a benchtop system designed to enhance access to flow cytometry capabilities for laboratories of all sizes. This fluorescence-activated cell analyzer features advanced research capabilities and compact design, enabling efficient resource use and time-saving for researchers. The device supports various experiments from small particle studies to 16-color immunophenotyping, utilizing BD's industry-standard software for streamlined workflows.