CareFusion, which this month landed a $100 million contract with the U.S. Defense Dept. to develop an automated drug dispensing system, will cut 128 jobs in San Diego, according to the October notice.
Earlier this year, the FDA issued a Class I recall of select models of CareFusion’s AVEA Ventilators due to electrical issues that could have caused unexpected shutdowns.
The recall affected a total of 501 units distributed in the U.S., with multiple AVEA models and product numbers referenced by the FDA.
Becton Dickinson acquired CareFusion in March 2015 for $12.2 billion . 1 year later, the company sold CareFusion’s vertebral compression fracture portfolio to Stryker (NYSE:SYK) for an undisclosed amount in an all-cash transaction.