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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Becton Dickinson and Company | NYSE:BDX | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -2.94 | -1.24% | 234.21 | 237.595 | 233.40 | 237.01 | 397,903 | 16:53:02 |
From May 2022 to May 2024
By Colin Kellaher
Becton Dickinson & Co. on Monday said it agreed to buy Parata Systems, a provider of pharmacy automation solutions, from private-equity firm Frazier Healthcare Partners, for about $1.53 billion.
Franklin Lakes, N.J., medical-technology company Becton Dickinson said the deal, which it expects to complete by the end of March 2023, expands its portfolio to a new area of the high-growth pharmacy automation space.
Becton Dickinson said Parata, which generated revenue of about $220 million for the 12 months ended March 31, offers solutions to pharmacies to reduce costs, enhance patient safety and improve the patient experience.
Healthcare-focused Frazier, which has raised more than $7.1 billion in total capital since its inception in 1991, acquired Parata in 2018.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
June 06, 2022 08:22 ET (12:22 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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