Becton, Dickinson(BDX) - 2023 Q4 - Annual Report

The Company and Embecta entered into various agreements to effect the spin-off and provide a framework for the relationship between the Company and Embecta after the spin-off. Such agreements include the separation and distribution agreement, as well as the following ongoing agreements: a cannula supply agreement, an intellectual property matters agreement, a transition services agreement, manufacturing and 64 Table of Contents Notes to Consolidated Financial Statements — (Continued) Becton, Dickinson and C ...