Division of Becton Dickinson & Co.
Latest From CareFusion Corp.
Device and diagnostics fundraising slumped in Q2, but there was a substantial uptick in M&A activity. Device financings totaled just slightly over half of the previous quarter, while acquisitions grew almost six-fold, thanks primarily to Becton Dickinson's $23.5 billion play for CR Bard. Financing in diagnostics slid to $1.03 billion, less than half of Q1, whereas the $1.7 billion in M&As (most of that from PerkinElmer's $1.3 billion buy of EuroImmun) was more than double Q1's aggregate.
The third of three Winners and Losers features covering the companies that announced sales and earnings results in late July and early August looks at major companies that only market medical devices aside from the orthopedics device makers that were covered in an earlier Winners and Losers feature.
Becton Dickinson has reached a definitive agreement to acquire CR Bard for $24bn. BD says Bard's product portfolio gives it a strong presence in fast-growing clinical areas and more reach outside the US while Bard expects to reach more customers by building on BD's leadership in medication management and infection prevention.
The global medtech industry has a new leader, after a bulked-up Medtronic bumped Johnson & Johnson from first place. But astute M&A deals, as well as divestments and impact from poor sales and negative currency effects, have also led to other movements in the medtech rankings, according to Medtech Insight's annual review at the top medical device companies.
- Consumables, Central Supplies
- Diagnostic Equipment & Supplies
- Infection Control-Sterilization
- Infusion Therapy Equipment and Supplies
- Monitoring Equipment & Devices
- Surgical Equipment & Devices
- Therapeutic Areas
- Infectious & Viral Diseases
- Respiratory, Pulmonary
- North America
- Parent & Subsidiaries
Becton Dickinson & Co.
- Intermed Equipamento Medicao Hospitalar Ltda.
- Medegen Inc.
Viasys Healthcare Inc.
- Bear Medical Systems Inc.
- BioBeat Medical Ltd.
- Bird Products Corp.
- Corpak Inc.
- Electro Medical Equipment Ltd.
- Hoffman Laboratories LLC
- Micro Medical Ltd.
- Nicolet Biomedical Inc.
- Nicolet Instrument Corp.
- Nicolet Vascular Inc.
- Oxford Instruments Medical Ltd.
- Pulmonetic Systems Inc.
- SciMed Ltd.
- SensorMedics Corp.
- Thermedics Polymer Products
- Tiara Medical Systems Inc.
- CareFusion Corp.
- Senior Management
Kieran T Gallahue, Chmn. & CEO
James Hinrichs, CFO
Carlos Nunez, MD, CMO
Scott Bostick, SVP, Americas Commercial Ops.
Gordon LaFortune, EVP, Commercial Ops. (ex-US)
- Contact Info
Phone: (858) 617-2000
3750 Torrey View Ct.
San Diego, CA 92130
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