BD announces sale of surgical blades product platform, Ophthalmic Systems unit

BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced the completion of the sale of its Ophthalmic Systems unit to RoundTable Healthcare Partners and the sale of its surgical blades product platform to one of RoundTable's portfolio companies, Aspen Surgical Products, Inc.

On June 8, 2010, the Company announced that it had signed agreements to sell certain assets of its BD Medical segment, including the Ophthalmic Systems unit as well as the surgical blades, critical care and extended dwell catheter product platforms of the Medical Surgical Systems unit. BD expects to complete the sale of the critical care and extended dwell catheter product platforms to Roundtable Healthcare Partners during its fourth fiscal quarter (by September 30, 2010).

The Company expects to record a gain on these sale transactions in the fourth fiscal quarter 2010.  For the full fiscal year 2010, revenues and earnings per share associated with these asset groups were estimated at $200 million and $0.20, respectively.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    BD (Becton, Dickinson and Company). (2019, June 20). BD announces sale of surgical blades product platform, Ophthalmic Systems unit. News-Medical. Retrieved on November 22, 2024 from https://www.news-medical.net/news/20100802/BD-announces-sale-of-surgical-blades-product-platform-Ophthalmic-Systems-unit.aspx.

  • MLA

    BD (Becton, Dickinson and Company). "BD announces sale of surgical blades product platform, Ophthalmic Systems unit". News-Medical. 22 November 2024. <https://www.news-medical.net/news/20100802/BD-announces-sale-of-surgical-blades-product-platform-Ophthalmic-Systems-unit.aspx>.

  • Chicago

    BD (Becton, Dickinson and Company). "BD announces sale of surgical blades product platform, Ophthalmic Systems unit". News-Medical. https://www.news-medical.net/news/20100802/BD-announces-sale-of-surgical-blades-product-platform-Ophthalmic-Systems-unit.aspx. (accessed November 22, 2024).

  • Harvard

    BD (Becton, Dickinson and Company). 2019. BD announces sale of surgical blades product platform, Ophthalmic Systems unit. News-Medical, viewed 22 November 2024, https://www.news-medical.net/news/20100802/BD-announces-sale-of-surgical-blades-product-platform-Ophthalmic-Systems-unit.aspx.

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News Medical.
Post a new comment
Post

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

You might also like...
BD reports adjusted revenues of $3.133 billion for third fiscal quarter 2015