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Becton says former engineer planned to flee to India with trade secrets

June 7, 2013 by Sony Salzman

The FBI arrests a former Becton Dickinson engineer who is accused of stealing thousands of confidential blueprints and attempting to flee to India to illegally mass-produce a Becton drug injection device.

Becton engineer planned to split for India with trade secrets

An engineer working for Becton Dickinson & Co. (NYSE:BDX) was arrested by the FBI, accused of planning to flee to India with company blueprints for a drug injection device.

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Medical device tax: How much are companies paying to government for healthcare reform?

May 15, 2013 by Brian Johnson

A list of some of the tax tabs for medical device companies for the medical device excise tax during Q1

MassDevice.com coverage of the medical device tax

In January 2013, Medical device companies began paying a 2.3% excise tax on U.S. Sales in order to pay for the Patient Protection and Affordable Care Act.

The levy is expected to generate some $30 billion over the next 10 years.

MassDevice.com is tracking the tally paid by several medical device companies, based on quarterly earnings report for the first quarter of 2013. We will update the list as more companies returns file in.

Tallies based on companies with Q1 earnings ended on March 31, 2013

The strange case of the diabetes market

May 6, 2013 by MassDevice

It wasn't so long ago when diabetes was 1 of the hot sectors of med-tech. Times have changed.

The strange case of the diabetes market

By Stephen Simpson

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Medical device tax cut about 4% from Q2 earnings growth, Becton Dickinson reports

May 2, 2013 by Arezu Sarvestani

Healthcare giant Becton Dickinson paid about $14 million in compliance with the medical device sales tax during the 2nd quarter, and expects to pay about $45 million in 2013.

Becton Dickinson logo

Healthcare giant Becton Dickinson & Co. (NYSE:BDX) posted some ups and downs for its 2nd quarter of 2013, exceeding analysts' expectations on earnings but taking some hits with lowered medical device sales and a nearly 4% cut in earnings growth due to the medical device tax.

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Becton, Dickinson to add 25 employees to keep up with demand for prefilled syringes

April 1, 2013 by Arezu Sarvestani

Healthcare giant Becton, Dickinson plans to increase its North Carolina headcount by 25 employees in order to keep up with projected demand for the company's injectable products.

Becton Dickinson logo

Medical device maker Becton Dickinson & Co. (NYSE:BDX) plans to add 25 additional employees to its Wilson, N.C., where the company plans to manufacture its newly approved prefilled safety syringes.

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New CEO takes the helm at Orthofix | Personnel Moves

March 15, 2013 by Sony Salzman

Orthofix names Bradley Mason its new president & CEO following the resignation of Robert Vaters.

fired/hired

 Orthofix names new CEO

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Becton Dickinson touts closed-doors acquisition of Cato's pharmacy software solutions

March 12, 2013 by Arezu Sarvestani

New Jersey healthcare giant Becton Dickinson hopes to improve its pharmacy segment position with the acquisition of Cato Software Solutions and its pharmacy automation and management systems.

Becton Dickinson logo

New Jersey healthcare giant Becton Dickinson & Co. (NYSE:BDX) acquired pharmaceutical management systems maker Cato Software Solutions in a closed-doors deal this week.

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