Supplier buys medication management firm for $12.2B

Candace Stuart | | Cardiovascular Business | Patient Care

The medical technology company Becton, Dickinson & Co. (BD) will pay $12.2 billion to acquire CareFusion, a move that is expected to broaden the range of products offered to hospitals and software used for medication management.

In a presentation for shareholders, BD projected the acquisition will create $12 billion in annualized revenues and expand the company’s presence worldwide. BD makes and sells medical supplies, devices, laboratory equipment and diagnostic products, while CareFusion provides medication management tools, software and informatics.

The acquisition will allow the companies to integrate their technologies, which they claimed will facilitate efforts to improve patient and worker safety, increase efficiencies and lower healthcare costs.

The cash and stock transaction is scheduled to close in the first half of 2015. At its completion, BD will have a combined global work force of 46,000 employees. CareFusion will become part of the medical segment of BD.

CareFusion will maintain its presence in San Diego, where it is headquartered, according to a release. BD is based in Franklin Lakes, N.J.       

Candace Stuart, Contributor

Related Content

Concomitant ablation surgery during heart operations boosts long-term survival
Cardiologist explores why colchicine failed to help heart attack patients
Bioresorbable BTK stent superior to ballon angioplasty at 2 years
Most heart failure patients miss out on guideline-recommended palliative care
Cardiologist behind EARLY TAVR explains how proactive treatment improves patient outcomes
FDA approves Medtronic’s new all-in-one mapping and ablation system for AFib

Around the web

Health Imaging
Use of AI opportunistic screening in CT for cardiovascular disease

Ron Blankstein, MD, professor of radiology, Harvard Medical School, explains the use of artificial intelligence to detect heart disease in non-cardiac CT exams.

Health Imaging
New imaging protocols proposed to curb rise of cardiovascular infections

Eleven medical societies have signed on to a consensus statement aimed at standardizing imaging for suspected cardiovascular infections.

Radiology Business
What does radiology have to do with climate change?

Kate Hanneman, MD, explains why many vendors and hospitals want to lower radiology's impact on the environment. "Taking steps to reduce the carbon footprint in healthcare isn’t just an opportunity," she said. "It’s also a responsibility."

Design by Adaptive Theme
Trimed Popup
Trimed Popup