Becton Dickinson (NYSE:BDX) announced yesterday that it appointed Kristen Stewart as its new senior VP of strategy and investor relations. In the newly created position, Stewart is slated to work closely with the BD executive team to “drive shareholder value and communicate the company’s long-term growth strategy,” according to a news release. Stewart previously held roles […]
becton dickinson
FDA releases first pandemic supply shortage list
Months into the coronavirus pandemic, the FDA has released its first official list of shortages of items needed by healthcare workers. The list ranges from personal protective equipment (PPE) such as gowns and gloves to testing supplies and ventilation-related products for the sickest patients. The list also includes Becton Dickinson (NYSE:BDX) BodyGuard infusion pump and syringe […]
MedTech 100 roundup: Up-and-down week for industry
Medtech stocks highlighted the topsy-turvy nature of the market last week, but ultimately finished the seven days nearly unchanged. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — sat at 89.77 points at the end of last week (Aug. 14). Overall, medtech stocks saw a 0.13% increase from the […]
The top 5 MassDevice stories of the week — August 14, 2020
COVID-19 continues to batter medical device companies — not to mention the world as a whole. But some of this week’s top five MassDevice stories demonstrate that medtech companies continue to innovate and ink business deals as they look toward a post-pandemic future. Want to hear more about the week’s top news? Executive editor Chris […]
Federal appeals court rejects preemption argument from BD’s Bard
The 9th U.S. Circuit Court of Appeals has handed down an important medical device preemption opinion as it affirmed a $3.6 million award against Becton Dickinson & Co. (NYSE:BDX) subsidiary C.R. Bard in a bellwether lawsuit case over inferior vena cava filters. Bard’s lawyers had argued that when FDA reclassified intravascular filters as Class II devices, the […]
Report: BD, Quidel struggle to supply antigen tests for COVID-19
Becton Dickinson (NYSE:BDX) and Quidel are struggling to fulfill orders for rapid COVID-19 antigen tests as the virus continues to spread, according to a report in the Wall Street Journal. The newspaper reported today that the two companies, which are the only ones that have FDA emergency use authorizations to sell the rapid diagnostics, cannot keep up with […]
MedTech 100 roundup: Another high as stocks tick up
For the third consecutive week, stocks in the medtech industry reached heights not yet seen since the COVID-19 pandemic began. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — sat at 89.65 points at the end of last week (Aug. 7). Overall, medtech stocks saw a 0.72% increase from […]
Becton Dickinson slides on mixed-bag Q2, declining revenue projections
Becton Dickinson (NYSE:BDX) shares took a big hit today on second-quarter results that were mixed compared to the consensus forecast. BDX shares were down -8.5% at $259.32 in mid-morning trading today. The Franklin Lakes, N.J.-based company posted profits of $286 million, or 97¢ per share, on sales of $3.85 billion for the three months ended June […]
MedTech 100 roundup: Industry remains on the rise
The medtech industry continues to climb back up in the markets, following a landmark week with another move up toward its pre-COVID-19-pandemic highs. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — sat at 89.29 points at the end of last week (July 24). That total represents just a […]
DTWeekly Podcast: Can Drawbridge, Edwards bring disruptive innovation to blood drawing, heart surgery industries?
In this week’s podcast, we talk with Holly Logue, general counsel at Drawbridge Health, about the OneDraw, an innovative new tool that might upend the collecting, storage and testing of blood. Logue, a panelist in the upcoming DeviceTalks Tuesdays sponsored by Finnegan, will explain how her past work on Capitol Hill is helping this Silicon […]
BD lands order for 177m injection devices for COVID-19
Becton Dickinson (NYSE:BDX) today said it received additional pandemic orders for needles and syringes from the U.S. and Canada, totaling 177 million devices. The U.S. ordered an additional 140 million injection devices, bringing the total orders from BD to 190 million devices. Canada ordered an additional 37 million devices, totaling 75 million devices from BD. BD […]