BD and Babson Diagnostics Launch Innovative Fingertip Blood Testing to Health Care Organizations

Rhea-AI Summary

BD (NYSE: BDX) and Babson Diagnostics announced an expansion of their fingertip blood collection and testing technologies for U.S. health systems and provider networks. The innovation combines BD's MiniDraw™ Capillary Blood Collection System with Babson's BetterWay technologies, requiring only six drops of blood from a finger prick. The system can be operated by any trained healthcare worker without phlebotomy experience.

This development aims to improve access to blood testing in underserved locations and reduce barriers like needle fear and logistical challenges. The partnership, which began in 2016, has already implemented BetterWay blood testing in retail settings since May 2024 and is now expanding to ambulatory care sites across the United States.

Positive

• Innovation reduces dependency on trained phlebotomists, potentially lowering operational costs
• Expands market reach into underserved locations and new settings like pharmacies
• Strategic partnership since 2016 demonstrates long-term collaboration stability

Negative

• None.

FRANKLIN LAKES, N.J. and AUSTIN, Texas, Dec. 17, 2024 /PRNewswire/ -- BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, and Babson Diagnostics, a science-first health care technology company, today announced an expansion of fingertip blood collection and testing technologies for use by U.S. health systems and other large provider networks in settings like urgent cares, doctor offices and other ambulatory care settings.

This innovative blood testing process integrates BD's MiniDraw™ Capillary Blood Collection System with Babson's BetterWay technologies to enable test results from as few as six drops of capillary blood collected from a patient's finger. With this less-invasive alternative to venipuncture blood draws, samples can be collected and prepared by any trained health care worker — including those without prior phlebotomy experience.

With 70% of clinical decisions informed by diagnostic results, blood tests are a routine part of care to help clinicians diagnose, monitor and treat patients. This novel capillary solution enables care providers to improve access to blood testing in underserved locations that do not have phlebotomy capabilities, while lowering common barriers to testing such as fear of needles and logistical challenges.

"In areas of the U.S. where there are gaps in services or shortages of trained phlebotomy professionals, patients may experience delays in blood draws or not receive care they need," said Bridget Bagnato, worldwide president of Specimen Management at BD. "By simplifying one of the most common procedures, together we're making blood testing less invasive and more convenient to help health care organizations increase efficiency and access while helping to improving patient satisfaction and outcomes."

The commercial partnership is an expansion of BD and Babson's collaboration to advance capillary blood testing, which started in 2016 and has since evolved into a strategic partnership.

"BetterWay and BD MiniDraw™ are defining what's next in health care," said David Stein, Babson's CEO. "BD has been innovating blood collection technology for 75 years and we believe our partnership will deliver a potentially transformative technology to support innovative and patient-focused health care organizations in better reaching and serving patients."

BetterWay blood testing has been available in retail settings since May 2024, expanding access to blood collection to new locations, including local pharmacies. This continued expansion will bring it to patients in ambulatory care sites throughout the United States.

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 more than 70,000 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 or connect with us on LinkedIn at www.linkedin.com/company/bd1/, X (formerly Twitter) @BDandCo or Instagram @becton_dickinson. 

About Babson Diagnostics
Babson Diagnostics is a science-driven healthcare technology company that has reimagined blood testing with the launch of its BetterWay blood testing service. BetterWay's patient-friendly, fingertip collection process and ability to be administered without phlebotomists improves population health by increasing adherence to testing. BetterWay for Healthcare Organizations enables health systems and other provider organizations to acquire new patients, increase health equity, and reduce the overall cost of care by deploying BetterWay in a broad range of ambulatory care settings, including physician practices, urgent care clinics, and at community events. The end-to-end BetterWay solution seamlessly integrates BD's MiniDraw capillary collection system with proprietary Babson technologies, including its patented hand warming and sample preparation devices. For more information, visit betterway.com/healthcare-organizations

Forward-Looking Statements
This press release contains certain forward-looking statements regarding the expansion of the use of BD and Babson's fingertip blood collection and testing technologies. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements, including, without limitation, competitive factors, including the development of new technologies or products by other companies, changes in healthcare practices, the impact of governmental regulation, future market conditions, manufacturing difficulties or delays, or other factors listed in BD's 2024 Annual Report on Form 10-K and other filings with the SEC. BD expressly disclaims any undertaking to update any forward-looking statements set forth herein to reflect events or circumstances after the date hereof, except as required by applicable laws or regulations.

Contacts:
BD Media Contact:	BD Investor Contact:
Troy Kirkpatrick	Adam Reiffe
VP, Public Relations	Sr. Director, Investor Relations
858.617.2361	201.847.6927
troy.kirkpatrick@bd.com	adam.reiffe@bd.com
Babson Diagnostics Media Contact:
Joe Foster
323-572-5361
BabsonDX@finnpartners.com

 

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SOURCE BD (Becton, Dickinson and Company)

FAQ

How many drops of blood does BD's new MiniDraw testing system require?

The new BD MiniDraw system requires only six drops of capillary blood collected from a patient's finger.

When did BDX launch BetterWay blood testing in retail settings?

BetterWay blood testing has been available in retail settings since May 2024.

What are the main advantages of BD's new fingertip blood testing system?

The main advantages include less-invasive testing, no need for trained phlebotomists, improved access in underserved locations, and reduced barriers such as fear of needles and logistical challenges.

When did BD and Babson Diagnostics begin their partnership?

BD and Babson Diagnostics began their collaboration in 2016, which has since evolved into a strategic partnership.

What healthcare settings will BD's new blood testing system be available in?

The system will be available in urgent cares, doctor offices, ambulatory care settings, and retail locations like local pharmacies.