Becton Dickinson & Co Stock Price, News & Analysis

BD (NYSE: BDX), a leading global medical technology company, has been recognized on Fortune's 2025 list of America's Most Innovative Companies, placing in the top 25% overall. The recognition was based on a comprehensive survey of over 40,000 U.S. employees and 2,500 industry experts.

The evaluation focused on three key categories:

• Product innovation: Introduction of new products and improvement of existing ones, including patent portfolio
• Process innovation: Development of new technologies and production processes
• Innovation culture: Fostering entrepreneurship and employee creativity

Tom Polen, chairman, CEO and president of BD, emphasized the company's commitment to innovation as one of the world's largest medical device manufacturers, serving billions of patients globally through their BD Excellence culture of continuous improvement.

BD (NYSE: BDX) has appointed Gregory J. Hayes to its board of directors, effective March 26, 2025. Hayes, 64, currently serves as executive chairman of RTX and brings over 30 years of executive experience. This appointment aligns with BD's transformation strategy, particularly as the company prepares for the planned separation of its Diagnostic Solutions and Biosciences business.

Hayes' extensive background includes CEO and senior leadership roles in finance, corporate strategy, and business development. At United Technologies (UTC), he served as CEO from 2014 and chairman from 2016, playing a key role in the 2020 merger that formed RTX. He previously served as UTC's CFO from 2008 to 2014.

Hayes is the fourth independent director added to BD's board since 2021, demonstrating the company's commitment to board refreshment and strong corporate governance.

BD (NYSE: BDX) has initiated a significant clinical trial for its GalaFLEX LITE™ Scaffold in breast implant revision surgery. The first patient has been treated in an IDE clinical trial aimed at obtaining FDA Premarket Approval for reducing capsular contracture recurrence.

The STANCE study will evaluate the scaffold's effectiveness in decreasing capsular contracture, a common complication affecting 10-20% of breast implant surgeries. The trial targets enrollment of at least 250 patients across 40 investigative sites, with patients randomized 2:1 to receive either GalaFLEX LITE™ Scaffold or standard care.

The scaffold, made from P4HB (a bioabsorbable polymer), is designed to provide immediate strength during healing. Five medical centers are currently enrolling patients, marking BD's advancement in biomaterial science for tissue reconstruction.

BD (NYSE: BDX), a leading global medical technology company, has announced its participation in two upcoming healthcare investor conferences. The company will present at Citi's 2025 Unplugged Medtech and Life Sciences Access Day on February 27, 2025, at 8:45 a.m. Eastern Time, and at the Barclays 27th Annual Global Healthcare Conference on March 11, 2025, at 8:30 a.m. Eastern Time.

Investors and interested parties can access live webcasts of both presentations through the BD investor relations website at investors.bd.com. Recordings of the presentations will be made available for replay on the same platform after the events conclude.

BD (NYSE: BDX) announced plans to separate its Biosciences and Diagnostic Solutions business from the core company to enhance strategic focus and value creation. The separation will create two distinct entities:

1. 'New BD': A pure-play medical technology company with projected FY2024 revenue of $17.8 billion, focusing on four segments: Medical Essentials, Connected Care, BioPharma Systems, and Interventional. It will target a $70+ billion addressable market with 90% recurring revenue.

2. Biosciences and Diagnostic Solutions: Expected to generate $3.4 billion in FY2024 revenue, targeting a $22+ billion market with 80% recurring revenue and ~30% adjusted EBITDA margins. This entity will focus on immunology, cancer research solutions, and diagnostic services.

The company plans to announce specific separation details by the end of fiscal 2025, with completion targeted for fiscal 2026. The transaction structure remains under consideration, with options including a Reverse Morris Trust, sale, or spin-off.

BD (NYSE: BDX) reported strong Q1 fiscal 2025 results, with revenue reaching $5.2 billion, representing a 9.8% increase as reported, 9.6% currency-neutral, and 3.9% organic growth. The company demonstrated robust financial performance with GAAP diluted EPS of $1.04 (up 8.3%) and adjusted diluted EPS of $3.43 (up 28.0%).

The company has completed $750 million in share repurchases to date in FY25 and has increased its FY25 adjusted diluted EPS guidance at the midpoint while absorbing translational currency impacts. BD also announced plans to separate its Biosciences and Diagnostic Solutions businesses to enhance value creation and focus on market-specific growth strategies.

BD (NYSE: BDX) has announced several key financial decisions. The Board declared a quarterly dividend of $1.04 per common share, payable on March 31, 2025, to shareholders of record on March 10, 2025, indicating an annual dividend rate of $4.16 per share.

The company has already completed $750 million in stock repurchases in fiscal 2025. Additionally, the Board authorized the repurchase of up to 10 million additional shares of BD common stock, supplementing the remaining shares available under the 2021 authorization. The company maintains flexibility in executing these repurchases through various methods, with timing and volume determined by management based on market conditions and business factors.

BD (NYSE: BDX) and Biosero announced a collaboration agreement to integrate robotic arms with BD flow cytometry instruments, aiming to accelerate drug discovery and development. The partnership will develop new software capabilities making BD flow cytometer instruments compatible with Biosero's Green Button Go® software.

The collaboration addresses the current manual processes in flow cytometry workflows, enabling automation of sample loading and analysis. Instead of manually changing multiwell plates one at a time, robotic integration will allow automatic processing of potentially hundreds of plates without human intervention.

The new software versions will be available for research use in 2025 for the BD FACSymphony A1™ Cell Analyzer, BD FACSymphony™ A5 SE Cell Analyzer, and BD FACSLyric™ Flow Cytometry System, with future integration planned for the BD FACSDiscover™ family of instruments.

BD (NYSE: BDX) and Biosero announced a collaboration to integrate robotic automation with BD flow cytometry instruments, aiming to accelerate drug discovery and development processes. The partnership will develop new software capabilities making BD flow cytometer instruments compatible with Biosero's Green Button Go® software.

The integration will automate manual processes in flow cytometry workflows, enabling automatic handling of multiple multiwell plates without human intervention. This automation advancement is particularly significant for biopharma companies and research organizations conducting high-throughput drug screening and cell therapy manufacturing.

The compatible software versions for BD FACSymphony A1, FACSymphony A5 SE, and FACSLyric Flow Cytometry System will be available for research use in 2025. Future integration is planned for the BD FACSDiscover family of instruments.