Welcome to our dedicated page for Becton Dickinson & news (Ticker: BDX), a resource for investors and traders seeking the latest updates and insights on Becton Dickinson & stock.
Becton, Dickinson and Company reports developments for a global medical technology business organized around medical essentials, connected care, biopharma systems and interventional products. Company news commonly covers fiscal results, guidance, dividends, share repurchases, debt retirement, executive appointments and strategy updates following the completed separation of the Biosciences and Diagnostic Solutions business.
BD updates also include product and customer developments across its care-delivery platforms. Recent themes include the BD® CentroVena One™ Insertion System for central venous catheter placement, BD Pyxis™ Pro medication dispensing technologies, BD Alaris™ Infusion Systems, vascular access products, medication management, patient-safety workflows and partnerships with health systems.
BD (Becton, Dickinson and Company) announced enhanced manufacturing capacity for injection devices to support U.S. vaccination efforts. Completed with the Department of Health and Human Services (HHS), the new lines bolster domestic supply amid ongoing COVID-19 challenges. This follows a $42 million investment from HHS in a previous capital project aimed at expanding BD's operations in Nebraska, underscoring a commitment to both current and future pandemic needs. BD has supplied hundreds of millions of devices, ensuring continuity in healthcare delivery as the flu season approaches.
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 $27 million in commitments for a private placement, raising total PIPE commitments to $142 million. The anticipated gross proceeds from their business combination amount to approximately $487 million, ensuring D8 meets the closing condition of having at least $125 million in available cash. Investors include Becton, Dickinson and Company (BD), major hospital groups, and notable figures like Bill Gates. Vicarious Surgical aims to enhance surgical outcomes using advanced robotics technology.
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.