Welcome to our dedicated page for Becton Dickinson & Co news (Ticker: BDX), a resource for investors and traders seeking the latest updates and insights on Becton Dickinson & Co stock.
Becton, Dickinson and Company (BD) (NYSE: BDX) is a global medical technology company whose news flow reflects activity across medical discovery, diagnostics, drug delivery and interventional care. On this page, readers can follow company-issued updates and third-party coverage related to BD’s operations, product clearances, collaborations and corporate developments.
Recent BD news highlights regulatory milestones, such as U.S. FDA 510(k) clearance for the EnCor EnCompass™ Breast Biopsy and Tissue Removal System, a multi-modality breast biopsy platform designed to support early detection and diagnosis of breast disease. Other announcements showcase BD’s role in supporting the pharmaceutical supply chain, including investments to expand production of BD Neopak™ Glass Prefillable Syringes in the United States to help meet growing demand for biologic and GLP-1 drug delivery.
Investors and observers can also track BD’s clinical and surgical innovations, including milestones with Phasix™ Mesh for hernia prevention in Europe and progress in the PREVENT trial, as well as the European launch of the BD Surgiphor™ Surgical Wound Irrigation System. In diagnostics and research, BD reports collaborations with institutions such as the University of Pennsylvania’s Institute for Immunology and Immune Health, and product updates like new IVDR-certified VIASURE assays for the BD MAX™ System and expanded configurations of BD FACSDiscover™ A8 Cell Analyzers.
Corporate governance and financial communications feature in BD’s news as well, with items such as leadership appointments in investor relations and notices regarding annual shareholder meetings. This news feed offers a centralized view of BD’s product pipeline, strategic investments, partnerships and regulatory events, providing context for how the company positions itself within the medical technology landscape.
BD (Becton, Dickinson and Company) has successfully completed its spinoff of Embecta Corp, which now operates independently, focusing on diabetes care. Shareholders received one share of Embecta for every five shares of BD held as of March 22, 2022. This strategic move aligns with BD's 2025 plan to enhance long-term shareholder value by allowing both companies to concentrate on their core businesses. Embecta aims to further develop diabetes injection devices, while BD continues to lead in medical and life sciences sectors.
BD (Becton, Dickinson and Company) announced that Alberto Mas will retire as executive vice president and president of the Medical segment, effective September 30, 2022. Mas has served in various leadership roles at BD over nearly 30 years. The company is grateful for his contributions, as stated by CEO Tom Polen, and plans to appoint a successor before Mas's departure. BD continues to focus on advancing healthcare and enhancing the performance of its diverse medical technology solutions.
BD (Becton, Dickinson and Company) announced early results for Morgan Stanley's cash tender offers for specific notes, with a maximum purchase price of $200 million. As of March 29, 2022, holders had validly tendered approximately $1.6 billion in notes, exceeding the maximum limit, which led to a pro-rata acceptance of Floating Rate Notes due June 2022, totaling $199 million. Other notes tendered will not be accepted. The Offers are subject to specific conditions as detailed in the Offer to Purchase.
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BD (Becton, Dickinson and Company) has announced key details regarding the spin-off of its diabetes care business, Embecta Corp.. Shareholders of BD as of March 22, 2022 will receive one share of Embecta for every five shares of BD held. 'When issued' trading of Embecta is set to commence on March 21, 2022, under ticker EMBCV, with 'regular way' trading starting on April 1, 2022 under EMBC. The transaction is expected to be tax-free. BD shareholders should consult tax advisers for implications of this spin-off.
BD (Becton, Dickinson and Company) announced that Morgan Stanley has initiated cash tender offers for various notes, totaling a maximum combined purchase price of $200,000,000. The offers include multiple series of notes with varying acceptance priority levels and offer details, including early tender premiums. The offers are scheduled to expire on April 12, 2022, with an early tender date of March 29, 2022. Holders of the notes must tender by these deadlines to receive maximum consideration. The company emphasizes the offers' conditions based on the successful completion of a financing transaction.
BD (Becton, Dickinson and Company) has appointed William "Bill" Brown to its board of directors effective February 28, 2022. Brown, an experienced executive, is currently the executive chair of L3Harris Technologies with $18 billion in annual revenue. He previously served as chair and CEO of L3Harris from July 2019 to June 2021. BD's chairman, Tom Polen, expressed confidence in Brown's leadership skills to support the company's BD2025 strategy aimed at long-term stakeholder value. Having degrees in engineering and an MBA, Brown also holds several board positions.
BD (Becton, Dickinson and Company) will present virtually at the Cowen 42nd Annual Health Care Conference on March 7, 2022, at 9:50 a.m. ET. The event is accessible via a live webcast on the BD investor relations website, and a replay will be available afterward. BD, a leading global medical technology company, focuses on enhancing health care through innovative solutions. With a workforce of approximately 75,000, the company supports health care providers in improving safety and efficiency in patient care.
BD (Becton, Dickinson and Company) has appointed Shana Neal as the new chief people officer, effective April 4, 2022. Neal, who previously held various HR positions at BD from 2005 to 2018, will oversee global HR functions, including Talent Acquisition, Total Rewards, and Diversity initiatives. She replaces Betty Larson, who is transitioning to a new role in the healthcare sector. BD's CEO Tom Polen expressed confidence in Neal's leadership skills and industry knowledge as essential for advancing BD's 2025 strategy and enhancing stakeholder value.
BD (Becton, Dickinson and Company) announced that its diabetes care business, embecta, will spin off on April 1, 2022. To prepare investors, embecta will host a virtual Investor Event on March 7, 2022, starting at 8 a.m. Eastern Time. Presenters include CEO Dev Kurdikar and CFO Jake Elguicze, discussing the company's products, market opportunities, and financial strategies. A Q&A session will follow. More details and a link to the event are available on BD's investor webpage, with a replay accessible post-event.