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Becton, Dickinson and Company (BD)

Posted on November 27, 2020November 27, 2020

Becton, Dickinson and Company, commonly known as BD, is an American multinational medical technology company that manufactures and sells medical devices, instrument systems, and reagents. BD also provides consulting and analytics services in certain geographies.

Founded in 1897 and headquartered in Franklin Lakes, New Jersey, BD employs nearly 70,000 people in more than 50 countries throughout the world. In the fiscal year ending September 30, 2019, more than 40% of BD sales were generated from non-U.S. markets.

The company’s customers include health care institutions, science researchers, clinical laboratories, the pharmaceutical industry, and the general public. BD was one of the first companies to sell U.S.-made glass syringes. It was also a pioneer in the production of hypodermic needles.

Today, BD is divided into three segments: BD Medical, BD Life Sciences and BD Interventional. BD is ranked #195 in the 2019 Fortune 500 list.

The firm in October 2014 agreed to acquire CareFusion for a price of $12.2 billion in cash and stock. In April 2017 Becton Dickinson agreed to acquire C. R. Bard for $24 billion.

Traded as:           NYSE: BDX;    S&P 500 component

Industry:              Medical equipment, Consulting

Founded:            East Rutherford, New Jersey (1897)

Founder:             Maxwell Becton and Fairleigh S. Dickinson

Headquarters:   BD Headquarters Franklin Lakes, New Jersey, U.S.

Divisions:             BD Medical; BD Life Sciences; BD Interventional

Website:              www.bd.com

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