Becton, Dickinson(BDX)

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BD Named One of America's Most Innovative Companies by Fortune
Prnewswire· 2025-03-31 10:50
Core Insights - BD (Becton, Dickinson and Company) has been recognized in Fortune's 2025 list of America's Most Innovative Companies, ranking in the top 25% overall, highlighting its commitment to innovation in the medical technology sector [1][2] Group 1: Innovation Recognition - BD is acknowledged for its excellence in developing innovative products, streamlining processes, and fostering a forward-thinking corporate culture [1][2] - The recognition is based on a survey conducted by Fortune and Statista, which involved over 40,000 U.S. employees and more than 2,500 industry experts [2] Group 2: Company Commitment - Tom Polen, the chairman, CEO, and president of BD, emphasized the company's responsibility in building on its long history of innovation to address unmet healthcare needs [2] - BD's culture of continuous improvement, referred to as BD Excellence, supports the manufacturing of innovative medical products at scale [2] Group 3: Company Overview - BD is one of the largest global medical technology companies, focusing on improving medical discovery, diagnostics, and care delivery [4] - The company employs over 70,000 individuals and collaborates with organizations worldwide to tackle significant global health challenges [4]
BD Names Gregory J. Hayes to Board of Directors
Prnewswire· 2025-03-27 20:15
Core Insights - BD has appointed Gregory J. Hayes to its board of directors, effective March 26, 2025, as part of its commitment to strong corporate governance and board refreshment [1][2] - Hayes brings over 30 years of executive experience, including leadership roles in finance, corporate strategy, and business development, and has a proven track record in portfolio optimization and operational efficiency [2][3] - The appointment comes at a crucial time for BD as it plans to separate its Diagnostic Solutions and Biosciences business, aiming to establish 'New BD' as a focused medtech leader [3][4] Company Overview - BD is a leading global medical technology company with a 125-year history, focused on improving medical discovery, diagnostics, and care delivery [4][5] - The company employs over 70,000 individuals and collaborates globally to address significant health challenges, enhancing outcomes and efficiency in healthcare [5] Leadership Background - Gregory J. Hayes previously served as CEO and chairman of United Technologies Corporation, playing a key role in the formation of RTX Corporation through a merger [2][3] - Hayes holds a bachelor's degree in Economics from Purdue University and is a certified public accountant [4]
BDX Stock Declines Following Class I Classification for Alaris Recall
ZACKS· 2025-03-26 11:36
Core Viewpoint - Becton, Dickinson and Company (BD) has initiated a Class I recall of its infusion pumps due to software issues that could lead to inaccurate therapy administration, posing serious risks to patient safety [1][5]. Group 1: Recall Details - The recall affects the BD Alaris Systems Manager and BD Care Coordination Engine Infusion Adapter, which are critical for the operation of the Alaris infusion pump [2][8]. - The software issues reported include delayed system responses and backlogs of automated programming requests, which may result in incorrect medication doses or infusion rates [5][8]. Group 2: Financial Impact - Following the Class I recall designation, BDX shares have decreased by 0.9%, while the company's shares have gained 0.5% year-to-date compared to the industry’s 1.7% growth [3]. - The relaunch of the Alaris infusion pump in 2023 had previously boosted BD's top line by nearly 50 basis points, indicating potential future sales losses due to the current recall [4]. Group 3: Industry Context - BD is not alone in facing regulatory scrutiny; other companies like Baxter and OptumHealth have also issued recalls due to similar software issues, highlighting a broader industry challenge [9]. - The global infusion pump market, valued at $2.6 billion in 2023, is projected to grow to $3.3 billion by 2033, emphasizing the need for manufacturers to prioritize software integrity [10].
BDX Shares May Climb as GalaFLEX LITE Trial Hits Key Milestone
ZACKS· 2025-03-24 15:25
Core Viewpoint - Becton, Dickinson and Company (BDX) is advancing its GalaFLEX LITE Scaffold under an Investigational Device Exemption to secure FDA Premarket Approval, targeting the reduction of capsular contracture recurrence in breast revision surgeries [1][4]. Group 1: Product and Market Context - The GalaFLEX LITE Scaffold is designed to address unmet needs in breast reconstruction, aiming to improve patient recovery, safety, and satisfaction [2]. - Capsular contracture (CC) is a common complication in implant-based breast surgeries, affecting 10% to 20% of patients, leading to pain and potential revision surgeries [6]. - The scaffold is a bioabsorbable surgical mesh made from P4HB, which dissolves over time, supporting tissue integration and reducing mechanical stress during healing [10][11]. Group 2: Clinical Study Details - The pivotal STANCE study will enroll at least 250 patients across 40 sites, comparing the scaffold's effectiveness against standard revision surgery without a supportive matrix [9]. - The study aims to demonstrate the safety and effectiveness of the GalaFLEX LITE Scaffold in improving surgical outcomes [7]. Group 3: Financial and Stock Performance - Following the announcement, BDX shares closed flat at $230.23, with a 2.8% decline over the past six months, while the industry grew by 2.8% [3]. - BDX currently has a market capitalization of $66.11 billion and reported an earnings surprise of 15.1% in the last quarter [5]. - The successful implementation of the GalaFLEX LITE Scaffold could enhance demand from surgeons and hospitals, potentially leading to new revenue streams and improved profitability [4].
BD Announces Milestone in Clinical Trial for Use of Bioabsorbable GalaFLEX LITE™ Scaffold in Breast Implant Revision Surgery
Prnewswire· 2025-03-20 10:50
Core Insights - BD (Becton, Dickinson and Company) has initiated a clinical trial for the GalaFLEX LITE™ Scaffold aimed at reducing capsular contracture recurrence during breast revision surgery, marking a significant step towards obtaining FDA Premarket Approval [1][3][5] Company Overview - BD is a leading global medical technology company focused on improving medical discovery, diagnostics, and care delivery, with a commitment to enhancing patient outcomes through innovative technologies [8] Clinical Trial Details - The STANCE study is a multi-center, randomized, controlled trial designed to evaluate the safety and efficacy of the GalaFLEX LITE™ Scaffold in breast implant revision surgery, with an enrollment target of at least 250 patients across 40 sites [5][7] - Capsular contracture is a common complication in implant-based breast surgery, with an incidence rate of 10% to 20%, and conventional surgical techniques have a recurrence risk as high as 54% [2][5] Product Information - The GalaFLEX LITE™ Scaffold is made from Poly-4-Hydroxybutyrate (P4HB), a fully absorbable polymer with over 10 years of clinical use in various surgical applications, designed to provide immediate strength and stability during the wound healing process [3][4] Expert Commentary - Surgeons involved in the trial express optimism about the potential benefits of the GalaFLEX LITE™ Scaffold in improving patient outcomes and addressing a critical complication in breast surgery [4][5]
Here's Why Becton Dickinson (BDX) is a Strong Momentum Stock
ZACKS· 2025-03-18 14:50
Core Insights - The Zacks Premium service provides tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1] Zacks Style Scores - Zacks Style Scores are indicators that assist investors in selecting stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum characteristics [2] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales to find attractive investment opportunities [3] - The Growth Score emphasizes a company's financial health and future outlook, analyzing projected and historical earnings and cash flow to identify sustainable growth stocks [4] - The Momentum Score helps investors capitalize on price trends by evaluating recent price changes and earnings estimate shifts to identify high-momentum stocks [5] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investment strategies [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [7][8] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B to maximize potential returns [10] - The direction of earnings estimate revisions is crucial; stocks with lower ranks but high Style Scores may still face downward price pressure [11] Company Spotlight: Becton Dickinson (BDX) - Becton Dickinson, a medical technology company, is currently rated 3 (Hold) with a VGM Score of B, and has shown a 1.4% increase in share price over the past four weeks [12] - Recent upward revisions in earnings estimates by five analysts for fiscal 2025 have raised the Zacks Consensus Estimate to $14.43 per share, with an average earnings surprise of 7.3% [13]
Becton, Dickinson and Company (BDX) Citi's 2025 Unplugged Medtech and Life Sciences Access Day Transcript
Seeking Alpha· 2025-02-28 00:31
Core Insights - Becton, Dickinson and Company (BD) is actively pursuing a review strategy for its Biosciences division following significant developments in its first quarter report [4]. Group 1: Company Strategy - The company has been heavily investing in technology over the past decade, indicating a long-term commitment to innovation and improvement in its operations [6]. Group 2: Conference Context - The discussion is part of Citi's Unplugged Medtech and Life Sciences Tools Day, highlighting the importance of investor engagement and communication regarding company strategies and performance [1].
BD to Present at Investor Healthcare Conferences
Prnewswire· 2025-02-13 21:15
FRANKLIN LAKES, N.J., Feb. 13, 2025 /PRNewswire/ -- BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced that it will present at the following healthcare conferences:Citi's 2025 Unplugged Medtech and Life Sciences Access DayFebruary 27, 20258:45 a.m. Eastern TimeBarclays 27th Annual Global Healthcare ConferenceMarch 11, 20258:30 a.m. Eastern TimeThe live webcasts of BD's presentations can be accessed from the BD investor relations website, investors.bd ...
Starboard pushes an open door at Becton Dickinson as company seeks to separate its biosciences unit
CNBC· 2025-02-08 12:19
Activist Commentary: Starboard is a very successful activist investor and has extensive experience helping companies focus on operational efficiency and margin improvement. Starboard also has significant experience with its strategic activism. In 57 prior campaigns where it had a strategic thesis, the firm had a 32.96% return versus 14.61% for the Russell 2000 during the same period. Additionally, Starboard has initiated activist campaigns at 24 prior health-care companies and its average return on these si ...
Becton, Dickinson(BDX) - 2025 Q1 - Quarterly Report
2025-02-06 22:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-4802 Becton, Dickinson and Company (Exact name of registrant as specified in its charter) New Jersey 22-0760120 (State or oth ...