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 been named the first medical technology company to serve as a Common Vulnerability and Exposures (CVE) Numbering Authority. This designation allows BD to assign CVE ID numbers to new vulnerabilities in its software-enabled products, thus enhancing global cybersecurity efforts. The initiative aims to improve vulnerability management and assist customers in addressing cybersecurity risks. BD's established Coordinated Vulnerability Disclosure program and Cybersecurity Trust Center reflect its commitment to transparency and cybersecurity in medical devices.
BD (Becton, Dickinson and Company) announces its participation in two key virtual investor conferences in June 2021. The Piper Sandler June Med Tech Series Conference will take place on June 4 at 1:30 p.m. ET, followed by the Goldman Sachs 42nd Annual Global Healthcare Conference on June 8 at 8:50 a.m. ET. Live webcasts of the presentations and related materials can be accessed via BD's investor website, with replays available for a minimum of seven days following each event.
BD (Becton, Dickinson and Company) has launched a new Urine Culture Application in the U.S. for the BD Kiestra™ lab automation system. This innovative application employs artificial intelligence and digital imaging to enhance urine culture analysis by efficiently categorizing samples based on growth significance. By automating the sorting process, it allows laboratories to prioritize critical specimens, thus increasing operational efficiency. The application is expected to support microbiology labs in managing their workloads, especially amid a skilled technician shortage exacerbated by the COVID-19 pandemic.
BD (Becton, Dickinson and Company) has launched the BD Surgiphor™ Sterile Wound Irrigation System, marking a significant advancement as the first ready-to-use aqueous povidone-iodine (PVP-I) irrigation solution. This product is designed to mechanically clean surgical wounds while providing a 99.99% reduction in bacteria. The system aims to simplify wound irrigation procedures for hospitals, adhering to safety standards set by U.S. health agencies. Acquired from Orthophor in November 2020, this product enhances BD's surgical portfolio, potentially increasing their market presence in the surgical domain.
BD (Becton, Dickinson and Company) will invest €165 million ($200 million USD) to establish a high-tech manufacturing facility in Zaragoza, Spain, projected to create 600 jobs by 2030. The construction is set to start in late 2021, contributing to BD's 2025 growth strategy of expanding pre-filled syringe manufacturing capacity. The new plant will be fully digital, aligning with sustainability standards, and aims to support COVID-19 vaccination efforts and other biologic drug deliveries in the European market.
BD (Becton, Dickinson and Company) announced a significant milestone with the CE marking of the industry's first self-collection HPV screening assay. This advancement allows laboratories to process samples collected by patients themselves using BD's Onclarity™ HPV Assay, enhancing accessibility for women hesitant to undergo clinical screening. Approximately 61,000 women are diagnosed with cervical cancer in Europe annually, highlighting an urgent need for improved screening strategies, especially post-COVID-19. The assay detects 14 high-risk HPV types, contributing to more effective cervical cancer prevention efforts.
BD (Becton, Dickinson and Company) reported Q2 fiscal 2021 revenues of $4.9 billion, a 15.4% year-over-year increase, driven by $480 million in COVID-19 diagnostic sales. Diluted EPS rose 77.4% to $0.94, with adjusted EPS of $3.19 reflecting a 25.1% increase. The company maintains an outlook for 12%-14% revenue growth and $12.75-$12.85 adjusted EPS for the full year. Key milestones include the 510(k) submission for the BD Alaris™ System and a planned spin-off of its diabetes business.
BD has announced a plan to spin off its Diabetes Care business into an independent company, referred to as NewCo. This strategic move is aimed at enhancing growth and allowing both entities to focus better on their core markets. In fiscal 2020, the Diabetes Care business generated nearly $1.1 billion in revenue. The spinoff is expected to be tax-free for U.S. federal income tax purposes and is anticipated to be completed in the first half of 2022, subject to approvals. This decision reflects BD's commitment to its 2025 strategy aimed at maximizing value for stakeholders.
BD (Becton, Dickinson and Company) has announced its participation in several virtual investor healthcare conferences in May 2021. Key events include the Bank of America Securities 2021 Virtual Healthcare Conference on May 12 at 2:45 PM ET and the UBS Global Healthcare Virtual Conference on May 24 at 2:00 PM ET. Presentations will be available via live webcasts on the BD corporate website, with replays accessible for at least seven days post-event. BD, a global leader in medical technology, focuses on advancing healthcare through innovation.
BD (Becton, Dickinson and Company) has initiated enrollment in the post-market CONNECT-AV study for the WavelinQ™ EndoAVF System, aimed at evaluating its effectiveness in hemodialysis access. This prospective study will track 280 patients over 24 months, measuring primary endpoints such as successful cannulation rates and device safety. The global hemodialysis patient population relies heavily on AV fistulas, making this research critical. BD's innovative approach provides a minimally invasive option compared to traditional surgical methods, enhancing patient care.