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Miami Herald
21-05-2025
- Business
- Miami Herald
CORRECTING and REPLACING: Tribun Health Achieves FDA Clearance for CaloPix Digital Pathology Platform With Dual Scanner Compatibility
[CORRECTED RELEASE] Updated to clarify reference to dual-scanner FDA clearance. PARIS, FRANCE / ACCESS Newswire / May 21, 2025 / Tribun Health, a leader in digital pathology, proudly announces that its flagship web-based image management system, CaloPix®, has received FDA 510(k) clearance for use with two leading whole slide imaging scanners: the Hamamatsu NanoZoomer S360MD and the Leica Aperio GT450 DX. This double clearance is representing a major step forward for the U.S. adoption of vendor-agnostic, enterprise-grade solutions. This clearance builds on CaloPix's strong regulatory track record: the solution is CE-marked, Health Canada-approved, and trusted by more than 100 hospitals and laboratories across Europe and Canada. With over 1,000 active users of CaloPix® worldwide, this milestone underscores the platform's scalability, performance, and rapid adoption across diverse healthcare systems. Now, with FDA clearance secured, Tribun Health is ready to bring its proven enterprise solution to hospitals and labs across the United States. Besides these regulatory achievements, CaloPix® has also been recognized three times as "Best in KLAS" for digital pathology, a global benchmark for excellence in healthcare IT. This prestigious recognition highlights Tribun Health's commitment to customer satisfaction, operational excellence, and product innovation. "This is a major commercial and clinical milestone for us," said Jean-François Pomerol, CEO of Tribun Health. "We're entering the U.S. with a solution that has already proven its value in demanding, high-throughput clinical environments. With CaloPix®, we offer a platform trusted by top-tier institutions, awarded Best in KLAS multiple times -and now validated by the FDA. As the market accelerates toward widespread clinical adoption, we're thrilled to expand our reach and solidify our position as a truly global player." Built for Enterprise, Designed for Performance, Ready for Cloud CaloPix® goes far beyond a traditional image viewer-it's a powerful, all-in-one digital pathology platform tailored for the needs of modern healthcare systems, large hospital networks, and academic institutions. Key capabilities include: Web-based, cloud-ready, zero-footprint architecture-no local installation required High-throughput case management and diagnostic reporting to streamline daily workflowsSeamless integration with LIS and VNA systems for unified data access across the enterpriseBuilt-in telepathology and remote collaboration tools for second opinions and network-wide consultationsArchiving, export, and quality control features to support regulatory compliance and research initiatives Meeting the Moment: Solving U.S. Market Challenges The U.S. faces a growing mismatch between rising pathology case volumes and a shrinking workforce. At the same time, there is a clear push for multi-site collaboration, integrated diagnostics, and precision medicine initiatives. With this FDA clearance, CaloPix® empowers U.S. hospitals and labs to: Digitize pathology workflows at scaleReduce turnaround times and improve reporting accuracyCollaborate remotely across institutionsPrepare for AI adoption with structured, interoperable data Building on our success with public health networks, cancer centers, academic hospitals and private laboratory groups across Europe and Canada, we are now ready to scale in the world's largest healthcare market-the United States. * CaloPix® is CE-marked, Health Canada-approved, and FDA 510(k) cleared. Please refer to the Instructions for Use (IFU) for intended purpose and regulatory indications. About Tribun Health Tribun Health is a global leader in digital pathology, offering award-winning solutions that improve workflow efficiency, diagnostic accuracy, and patient outcomes. We assist hospitals and laboratories in transitioning from glass slide pathology to fully digital solutions, leveraging AI and data-driven technology to enhance precision and reduce turnaround times. Our mission is simple: to ensure every cancer patient receives a timely and informed diagnosis-because every moment counts. By advancing pathology with cutting-edge innovations, we are shaping the future of cancer care. For more information, visit Tribun Health and follow us on LinkedIn and X. SOURCE: Tribun Health press release
Miami Herald
20-05-2025
- Business
- Miami Herald
Tribun Health Achieves FDA Clearance for CaloPix Digital Pathology Platform With Dual Scanner Compatibility
Paving the way for U.S. Market Entry and Global Expansion PARIS, FRANCE / ACCESS Newswire / May 20, 2025 / Tribun Health, a leader in digital pathology, proudly announces that its flagship web-based image management system, CaloPix®, has received FDA 510(k) clearance for use with two leading whole slide imaging scanners: the Hamamatsu NanoZoomer S360 and the Leica Aperio GT450. This marks the first time a digital pathology software has been cleared with both scanners, representing a major step forward for the U.S. adoption of vendor-agnostic, enterprise-grade solutions. This clearance builds on CaloPix's strong regulatory track record: the solution is CE-marked, Health Canada-approved, and trusted by more than 100 hospitals and laboratories across Europe and Canada. With over 1,000 active users of CaloPix® worldwide, this milestone underscores the platform's scalability, clinical reliability, and rapid adoption across diverse healthcare systems. Now, with FDA clearance secured, Tribun Health is ready to bring its proven enterprise solution to hospitals and labs across the United States. Besides these regulatory achievements, CaloPix® has also been recognized three times as "Best in KLAS" for digital pathology, a global benchmark for excellence in healthcare IT. This prestigious recognition highlights Tribun Health's commitment to customer satisfaction, operational excellence, and product innovation. "This is a major commercial and clinical milestone for us," said Jean-François Pomerol, CEO of Tribun Health. "We're entering the U.S. with a solution that has already proven its value in demanding, high-throughput clinical environments. With CaloPix®, we offer a platform trusted by top-tier institutions, awarded Best in KLAS multiple times -and now validated by the FDA. As the market accelerates toward widespread clinical adoption, we're thrilled to expand our reach and solidify our position as a truly global player." Built for Enterprise, Designed for Performance, Ready for Cloud CaloPix® goes far beyond a traditional image viewer-it's a powerful, all-in-one digital pathology platform tailored for the needs of modern healthcare systems, large hospital networks, and academic institutions. Key capabilities include: Web-based, Cloud ready, zero-footprint architecture-no local installation requiredHigh-throughput case management and diagnostic reporting to streamline daily workflowsSeamless integration with LIS and VNA systems for unified data access across the enterpriseBuilt-in telepathology and remote collaboration tools for second opinions and network-wide consultationsArchiving, export, and quality control features to support regulatory compliance and research initiatives Meeting the Moment: Solving U.S. Market Challenges The U.S. faces a growing mismatch between rising pathology case volumes and a shrinking workforce. At the same time, there is a clear push for multi-site collaboration, integrated diagnostics, and precision medicine initiatives. With this FDA clearance, CaloPix® empowers U.S. hospitals and labs to: Digitize pathology workflows at scaleReduce turnaround times and improve reporting accuracyCollaborate remotely across institutionsPrepare for AI adoption with structured, interoperable data Building on our success with public health networks, cancer centers, academic hospitals and private laboratory groups across Europe and Canada, we are now ready to scale in the world's largest healthcare market-the United States. * CaloPix® is CE mark, HC cleared, FDA cleared. Please refer to IFU for intended use. About Tribun Health Tribun Health is a global leader in digital pathology, offering award-winning solutions that improve workflow efficiency, diagnostic accuracy, and patient outcomes. We assist hospitals and laboratories in transitioning from glass slide pathology to fully digital solutions, leveraging AI and data-driven technology to enhance precision and reduce turnaround times. Our mission is simple: to ensure every cancer patient receives a timely and informed diagnosis-because every moment counts. By advancing pathology with cutting-edge innovations, we are shaping the future of cancer care. For more information, visit Tribun Health and follow us on LinkedIn and X. Contact Information Andreia Beyer VP, Global Marketing & Managing Director, North Americaabeyer@ (416) 565-0474 SOURCE: Tribun Health press release
Yahoo
02-05-2025
- Business
- Yahoo
BD Reports Second Quarter Fiscal 2025 Financial Results
Revenue of $5.3 billion increased 4.5% as reported, 6.0% currency-neutral and 0.9% organic GAAP and adjusted diluted EPS of $1.07 and $3.35, respectively Company updates full-year fiscal 2025 guidance and provides estimated tariff impact FRANKLIN LAKES, N.J., May 1, 2025 /PRNewswire/ -- BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced results for its fiscal 2025 second quarter, which ended March 31, 2025. "Amid a difficult operating environment impacting near-term organic revenue growth, our Q2 results reflect the strength of our business model and ability to exceed our earnings expectations through quality gross margin improvement," said Tom Polen, chairman, CEO and president of BD. "Our BD Excellence operating system is driving continued margin expansion and increasing investment in our commercial organization and innovation, and we believe we are well positioned to accelerate growth as markets recover. As we take decisive mitigation actions to navigate the current macro environment, BD's scale as the largest U.S. manufacturer of medical devices is a significant advantage for long-term value creation." Recent Business Highlights The company announces its intention to invest $2.5 billion in U.S. manufacturing capacity over the next 5 years, further strengthening its position as the largest U.S. manufacturer of medical devices and its commitment to ensuring a resilient U.S. health care system. BD Medical: The Medication Management Solutions business unit announced the BD Pyxis™ MedStation ES was honored with the 2025 Best in KLAS award for Automated Dispensing Cabinets and the BD Alaris™ Infusion System was honored in the Smart Pumps – Traditional category. This recognition underscores BD's market leadership and dedication to safety and innovation across the entire medication use process. The Advanced Patient Monitoring business unit launched its next generation hemodynamic monitoring solution, HemoSphere Alta™ Advanced Monitoring Platform, providing clinicians with AI-driven clinical decision support. BD Interventional: The Surgery business unit announced: FDA 510(k) clearance and the launch of its Phasix™ ST Umbilical Hernia Patch, the industry's first bioabsorbable mesh designed specifically for umbilical hernia repair. A milestone in its clinical trial for the use of bioabsorbable GalaFLEX LITE™ Scaffold in breast implant revision surgery. Treatment of the first patient in the STANCE Investigational Device Exemption (IDE) clinical trial marks a significant advancement in BD's efforts to achieve FDA Premarket Approval for its first breast indication for GalaFLEX LITE™ Scaffold. BD Life Sciences: The Diagnostic Solutions business unit announced FDA 510(k) clearance for its advanced microbiology solution which integrates the BD Phoenix™ Automated Microbiology System, BDXpert™ System and BD Synapsys™ Informatics Solution to support accurate detection of antimicrobial resistance. BD named to Fortune's 2025 list of America's Most Innovative Companies, ranking in the top 25% of companies overall. Second Quarter Fiscal 2025 Operating Results Three Months Ended March 31,Reported ChangeForeign Currency Neutral Change1Organic Revenue Change1,2 (Millions of dollars, except per share amounts)20252024Revenues$ 5,272$ 5,0454.5 %6.0 %0.9 % Reported Diluted Earnings per Share$ 1.07$ 1.85(42.2) %(39.5) % Adjusted Diluted Earnings per Share1$ 3.35$ 3.175.7 %7.3 % 1Represents a non-GAAP financial measure; refer to reconciliations of non-GAAP financial measures included in the attached financial tables. 2Organic Revenue growth denotes foreign currency neutral revenues further adjusted for the impact to revenues from acquisitions and divestitures during the first 12 months post-acquisition/divestiture. Geographic Results Revenues (Millions of dollars)Three Months Ended March 31,Reported ChangeForeign Currency Neutral Change1 20252024 United States$ 3,108$ 2,9067.0 %7.0 % International$ 2,164$ 2,1391.2 %4.8 % Total Revenues$ 5,272$ 5,0454.5 %6.0 % 1Represents a non-GAAP financial measure; refer to reconciliations of non-GAAP financial measures included in the attached financial tables. Segment Results Revenues (Millions of dollars)Three Months Ended March 31,Reported ChangeForeign Currency Neutral Change1Organic Revenue Change1,2 20252024BD Medical$ 2,760$ 2,44912.7 %14.3 %3.6 % BD Life Sciences$ 1,247$ 1,304(4.3) %(2.4) %(2.4) % BD Interventional$ 1,264$ 1,292(2.2) %(1.1) %(1.1) % Total Revenues$ 5,272$ 5,0454.5 %6.0 %0.9 % 1Represents a non-GAAP financial measure; refer to reconciliations of non-GAAP financial measures included in the attached financial tables. 2Organic Revenue growth denotes foreign currency neutral revenues further adjusted for the impact to revenues from acquisitions and divestitures during the first 12 months post-acquisition/divestiture. The BD Medical segment includes the Medication Delivery Solutions (MDS), Medication Management Solutions (MMS) and Pharmaceutical Systems (PS) business units, and the Advanced Patient Monitoring (APM) business unit. BD Medical performance reflects the revenue contribution from APM, which was formed upon the closing of the acquisition of Critical Care from Edwards Lifesciences on September 3, 2024. BD Medical organic revenue growth reflects mid single-digit growth in MMS and low single-digit growth in MDS and PS. MDS performance reflects strong volume growth in Vascular Access Management and hypodermic products in the U.S., partially offset by the expected impact of volume-based procurement in China. MMS performance reflects double-digit growth in Infusion driven by BD Alaris™ that was partially offset by timing in Dispensing Solutions. PS performance reflects double-digit growth in Biologics that was partially offset by lower market demand for anticoagulant products. The BD Life Sciences segment includes the Specimen Management (SM), Diagnostic Solutions (DS) and Biosciences (BDB) business units. BD Life Sciences performance reflects declines in DS and BDB that were partially offset by low single-digit growth in SM. SM performance reflects solid growth in the BD Vacutainer™ portfolio in the U.S. that was partially offset by performance in China. DS performance reflects an impact from BD BACTEC™ blood culture as customers were slow to return to prior testing volumes following the resolution of supply disruption, partially offset by double-digit growth in BD MAX™ IVD. BDB performance reflects lower research instrument demand globally, particularly in the government and academic sectors impacted by research funding levels, that was partially offset by continued growth in research reagents. The BD Interventional segment includes the Surgery (SURG), Peripheral Intervention (PI), and Urology & Critical Care (UCC) business units. BD Interventional performance reflects low single-digit growth in SURG, flat performance in PI and a decline in UCC which includes an outsized prior-year licensing comparison. SURG performance reflects double-digit growth in Phasix™ hernia resorbable scaffold and high single-digit growth in Biosurgery that was partially offset by a pricing adjustment in legacy hernia products in the U.S. PI performance reflects strong growth in the U.S. across all platforms that was partially offset by performance in China. PI performance also reflects the comparison to prior-year licensing revenue. UCC performance reflects an outsized prior-year licensing comparison that was partially offset by high single-digit growth across UCC which was led by double-digit growth in the PureWick™ franchise from the continued adoption of the Male and Female portfolios. Assumptions and Outlook for Full Year Fiscal 2025 The company updated its fiscal 2025 guidance including the estimated impact of recently announced tariffs. The company now expects fiscal 2025 revenues to be between $21.8 billion and $21.9 billion compared to its previously issued guidance of $21.7 billion to $21.9 billion. This reflects updated organic revenue growth guidance of 3.0% to 3.5% and an improvement in the estimated impact of foreign currency. Before the impact of tariffs, the company expects Adjusted Diluted EPS to be consistent with its previously issued guidance of $14.30 to $14.60, which represents growth of 8.8% to 11.0%, and includes absorbing a headwind from translational foreign currency for the full year of approximately $0.05 or 40 basis points. Strong operational performance, driven largely by margin improvement, is enabling the company to fully offset the earnings impact from its updated organic revenue growth expectations. Including an estimated tariff impact of approximately $0.25 for the fiscal year the company now expects Adjusted Diluted EPS to be in a range of $14.06 to $14.34, which represents year-over-year growth of approximately 7.0% to 9.1%. The estimated tariff impact is based on information currently available and tariff programs announced as of April 30, not including announced tariff programs that are delayed or threatened. However, international trade policies, trade restrictions and tariffs are rapidly evolving and there can be no assurance as to how the landscape may change and what the ultimate impact on our guidance and results of operations will 2025 Guidance as of May 1, 2025 Fiscal 2025 Guidance as of February 5, 2025 GAAP Revenues ~$21.8 to $21.9 billion ~$21.7 to $21.9 billion GAAP Revenue Growth 8.0% to 8.5% 7.9% to 8.4% Adjusted Revenue Growth (FXN) 7.8% to 8.3% 8.8% to 9.3% Organic Revenue Growth (FXN) 3.0% to 3.5% 4.0% to 4.5% Adjusted Diluted EPS $14.06 to $14.34 $14.30 to $14.60 Adjusted Diluted EPS Growth ~7.0% to 9.1% ~8.8% to 11.0% BD's outlook for fiscal 2025 reflects numerous assumptions about many factors that could affect its business, based on the information management has reviewed as of this date. Management will discuss its outlook and several of its assumptions on its second fiscal quarter earnings call. The company's expected adjusted diluted EPS for fiscal 2025 excludes potential charges or gains that may be recorded during the fiscal year, such as, among other things, the non-cash amortization of intangible assets, acquisition-related charges, separation-related costs, and certain tax matters. BD does not attempt to provide reconciliations of forward-looking adjusted diluted non-GAAP EPS guidance to the comparable GAAP measure because the impact and timing of these potential charges or gains are inherently uncertain and difficult to predict and are unavailable without unreasonable efforts. In addition, the company believes such reconciliations would imply a degree of precision and certainty that could be confusing to investors. Such items could have a material impact on GAAP measures of BD's financial performance. We also present our estimated adjusted revenue growth and organic revenue growth for our 2025 fiscal year after adjusting for the illustrative impact of foreign currency translation. BD believes that this adjustment allows investors to better evaluate BD's anticipated underlying earnings performance for our 2025 fiscal year in relation to our underlying 2024 fiscal year performance. Conference Call and Presentation MaterialsBD will host an audio webcast today for the public, investors, analysts and news media to discuss its second quarter results. The audio webcast will be broadcast live on BD's website, at 8 a.m. (ET) Thursday, May 1, 2025. Accompanying slides will be available on BD's website, at approximately 6:30 a.m. (ET). The conference call will be available for replay on BD's website, Alternatively, you can dial into the replay at 800-839-2385 (domestic) and 402-220-7203 (international) through the close of business on Thursday, May 8, 2025. A confirmation number is not needed to access the replay. Non-GAAP Financial Measures/Financial TablesThis news release contains certain non-GAAP financial measures. These include revenue growth rates on a currency-neutral and organic basis and adjusted diluted earnings per share. These non-GAAP financial measures are not in accordance with generally accepted accounting principles in the United States. BD management believes that the use of non-GAAP measures to adjust for items that are considered by management to be outside of BD's underlying operational results or that affect period to period comparability helps investors to gain a better understanding of our performance year-over-year, to analyze underlying trends in our businesses, to analyze our operating results, and to understand future prospects. Management uses these non-GAAP financial measures to measure and forecast the company's performance, especially when comparing such results to previous periods or forecasts. We believe presenting such adjusted metrics provides investors with greater transparency to the information used by BD management for its operational decision-making and for comparison to other companies within the medical technology industry. Although BD's management believes non-GAAP results are useful in evaluating the performance of its business, its reliance on these measures is limited since items excluded from such measures may have a material impact on BD's net income, earnings per share or cash flows calculated in accordance with GAAP. Therefore, management typically uses non-GAAP results in conjunction with GAAP results to address these limitations. BD strongly encourages investors to review its consolidated financial statements and publicly filed reports in their entirety and cautions investors that the non-GAAP measures used by BD may differ from similar measures used by other companies, even when similar terms are used to identify such measures. Non-GAAP measures should not be considered replacements for, and should be read together with, the most comparable GAAP financial measures. We present adjusted diluted earnings per share for the second quarter and the first six months of fiscal year 2025, and the corresponding prior periods, after eliminating items we believe are not part of our ordinary operations and affect the comparability of the periods presented. Adjusted diluted earnings per share includes adjustments for the impact of purchase accounting adjustments, integration and restructuring costs, transaction costs, separation-related costs, certain regulatory costs, certain product remediation costs, certain legal matters, certain investment gains and losses, certain asset impairment charges, and certain pension settlement costs. In particular, prior-year adjusted diluted earnings per share results exclude European regulatory initiative-related costs, which represent costs incurred to develop processes and systems to establish initial compliance with the European Union Medical Device Regulation and the European Union In Vitro Diagnostic Medical Device Regulation (collectively, the "New EU Medical Devices Regulations"), which represent a significant, unusual change to the existing regulatory framework. We consider the excluded European regulatory initiative-related costs to be duplicative of previously incurred costs and/or one-off costs related to establishing initial compliance with such regulatory regimes, and in each case are limited to a specific period of time. These expenses relate to establishing initial compliance with the New EU Medical Devices Regulations and include the cost of labor, other services and consulting (in particular, research and development and clinical trials) and supplies, travel and other miscellaneous costs. These costs were recorded in Cost of products sold and Research and development expense. We also present revenue growth rates for the second quarter and the first six months of fiscal year 2025 over the corresponding prior periods on a currency-neutral basis after eliminating the effect of foreign currency translation, where applicable. We also show the growth in adjusted diluted earnings per share compared to the prior year periods after eliminating the impact of foreign currency translation to further enable investors to evaluate BD's underlying earnings performance compared to the prior periods. We calculate foreign currency-neutral percentages by converting our current-period local currency financial results using the prior period foreign currency exchange rates and comparing these adjusted amounts to our current-period results. As exchange rates are an important factor in understanding period-to-period comparisons, we believe the presentation of results on a foreign currency-neutral basis in addition to reported results helps improve investors' ability to understand our operating results and evaluate our performance in comparison to the prior periods. Reconciliations of these and other non-GAAP measures to the comparable GAAP measures are included in the attached financial tables. Within the attached financial tables presented, certain columns and rows may not add due to the use of rounded numbers. Percentages and earnings per share amounts presented are calculated from the underlying amounts. About BDBD is one of the largest global medical technology companies in the world and is advancing the world of health by improving medical discovery, diagnostics and the delivery of care. The company supports the heroes on the frontlines of health care by developing innovative technology, services and solutions that help advance both clinical therapy for patients and clinical process for health care providers. BD and its more than 70,000 employees have a passion and commitment to help enhance the safety and efficiency of clinicians' care delivery process, enable laboratory scientists to accurately detect disease and advance researchers' capabilities to develop the next generation of diagnostics and therapeutics. BD has a presence in virtually every country and partners with organizations around the world to address some of the most challenging global health issues. By working in close collaboration with customers, BD can help enhance outcomes, lower costs, increase efficiencies, improve safety and expand access to health care. For more information on BD, please visit or connect with us on LinkedIn at and on X (formerly known as Twitter) @BDandCo. *** This press release and accompanying audio webcast on May 1, 2025 contain certain estimates and other forward-looking statements (as defined under Federal securities laws) regarding BD's future prospects and performance, including, but not limited to, statements relating to future revenues, margins, earnings per share, leverage targets and capital deployment. All such statements are based upon current expectations and assumptions of BD and involve a number of business risks and uncertainties. Actual results could vary materially from anticipated results described, implied or projected in any forward-looking statement. With respect to such forward-looking statements, a number of factors could cause actual results to vary materially. These factors include, but are not limited to, risks relating to macroeconomic conditions and their impact on our operations and health care spending generally, including any impact of disruptions in the global transportation networks or other aspects of our supply chain on our ability to source raw materials, components and energy sources needed to produce our products, labor constraints or disputes, inflationary pressures, volatility resulting from the imposition of and changing policies around tariffs, currency rate fluctuations, and increased interest rates and borrowing costs; conditions in international markets, including geopolitical developments such as the evolving situations in Russia and Ukraine, the Middle East and Asia, which could adversely impact our operations; competitive factors including technological advances and new products or novel medical therapies introduced by competitors; product efficacy or safety concerns, changes to the labeled use of our products, non-compliance with applicable regulatory requirements (such as non-compliance of our products with marketing authorization or registration requirements resulting from modifications to such products, or other factors, including with respect to BD Alaris™ System pumps and infusion sets, BD Vacutainer™ and BD Pyxis™ products) resulting in product recalls, lost revenue or other actions being taken with respect to products in the field or the ability to continue selling new products to customers; changes to legislation or regulations impacting the U.S. or foreign health care systems, changes in medical practices or in patient preferences, potential cuts or freezes in governmental research or other health care spending, or governmental or private measures to contain health care costs, such as China's volume-based procurement tender process or changes in pricing and reimbursement policies, which could result in reduced demand for our products or downward pricing pressure; policy and regulatory changes implemented by the U.S. federal government, including the elimination, downsizing, and reduced funding of certain government agencies and programs, as well as changes in the policy positions of such agencies; new or changing laws and regulations impacting our business (including the imposition of tariffs, such as those relating to China, Mexico, countries within EMEA and other countries and regions in which we do business), sanctions or other trade barriers, changes in tax laws, new environmental laws and regulations (such as those related to climate change or materials of concern), new cybersecurity, artificial intelligence or privacy laws, or changes in laws impacting international trade, including import and export licensing requirements, or anti-corruption and bribery, or changes in reporting requirements or enforcement practices with respect to such laws; the adverse impact on our business or products of past, current or future information and technology system disruptions, breaches or breakdowns, including through cyberattacks, ransom attacks or cyber-intrusion, and any investigations, legal proceedings, liability, expense or reputational damage arising in connection with any such events; increased labor costs and labor shortages or disputes; our suppliers' ability to provide products needed for our operations and BD's ability to maintain favorable supplier arrangements and relationships; increases in energy costs and their effect on, among other things, the cost of producing BD's products; adverse changes in regional, national or foreign economic conditions, including any impact on our ability to access credit markets and finance our operations; risks relating to our overall indebtedness; the possible impact of public health crises on our business and the global health care system, which could decrease demand for our products, disrupt our operations or the operations of our customers and companies within our supply chain, or increase transportation costs; interruptions in our manufacturing or sterilization processes or those of our third-party providers, including any restrictions placed on the use of ethylene oxide for sterilization; pricing and market pressures; difficulties inherent in product development, delays in product introductions and uncertainty of market acceptance of new products; the overall timing of the replacement or remediation of the BD Alaris™ Infusion System and return to market in the U.S., which may be impacted by, among other things, customer readiness, supply continuity and our continued engagement with the FDA; our ability to achieve our projected level or mix of product sales; our ability to successfully integrate any businesses we acquire; uncertainties of litigation, investigations, subpoenas, settlements, fines, penalties and/or other sanctions (as described in BD's filings with the Securities and Exchange Commission (the "SEC")); the issuance of new or revised accounting standards; risks associated with the proposed separation of BD's Biosciences and Diagnostic Solutions business, including risks related to the manner of the separation and factors that could delay, prevent or otherwise adversely affect the completion, timing or terms of the separation, or our ability to realize the expected benefits of the separation, as well as other factors discussed in BD's filings with the SEC. There can be no assurance that the contemplated separation will in fact be completed, in the manner described or at all. We do not intend to update any forward-looking statements to reflect events or circumstances after the date hereof except as required by applicable laws or regulations. Contacts:Investors: Adam Reiffe, Sr. Director, Investor Relations - 201-847-6927Media: Troy Kirkpatrick, VP, Public Relations - 858-617-2361 BECTON DICKINSON AND COMPANY CONDENSED CONSOLIDATED INCOME STATEMENTS (Unaudited; Amounts in millions, except share and per share data)Three Months Ended March 31, 20252024% Change REVENUES$ 5,272 $ 5,045 4.5Cost of products sold3,015 2,741 10.0 Selling and administrative expense1,273 1,193 6.7 Research and development expense302 299 1.2 Integration, restructuring and transaction expense90 101 (11.2) Other operating expense (income), net45 (23) 295.3 TOTAL OPERATING COSTS AND EXPENSES4,725 4,311 9.6 OPERATING INCOME546 734 (25.5)Interest expense(151) (125) 20.8 Interest income5 26 (80.2) Other expense, net(38) (2) (1,907.5) INCOME BEFORE INCOME TAXES363 633 (42.7) Income tax provision55 96 (42.3) NET INCOME308 537 (42.7)Basic Earnings per Share$ 1.07 $ 1.85 (42.2) Diluted Earnings per Share$ 1.07 $ 1.85 (42.2)AVERAGE SHARES OUTSTANDING (in thousands) Basic287,293289,518 Diluted287,737290,344 BECTON DICKINSON AND COMPANY CONDENSED CONSOLIDATED INCOME STATEMENTS (Unaudited; Amounts in millions, except share and per share data)Six Months Ended March 31, 20252024% Change REVENUES$ 10,440 $ 9,751 7.1 Cost of products sold5,948 5,420 9.7Selling and administrative expense2,592 2,406 7.7Research and development expense646 589 9.6Integration, restructuring and transaction expense182 176 3.7Other operating expense (income), net73 (12) 691.0TOTAL OPERATING COSTS AND EXPENSES9,440 8,578 10.1OPERATING INCOME1,000 1,173 (14.8) Interest expense(306) (236) 29.5Interest income28 60 (53.4)Other expense, net(53) (6) (792.6)INCOME BEFORE INCOME TAXES669 991 (32.5)Income tax provision58 173 (66.5)NET INCOME611 818 (25.4) Basic Earnings per Share$ 2.12 $ 2.82 (24.8)Diluted Earnings per Share$ 2.11 $ 2.81 (24.9) AVERAGE SHARES OUTSTANDING (in thousands) Basic288,411289,941 Diluted289,193291,209 BECTON DICKINSON AND COMPANY CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in millions)March 31, 2025September 30, 2024 (Unaudited) ASSETS Cash and equivalents$ 667 $ 1,717Restricted cash80 139Short-term investments16 445Trade receivables, net3,029 3,033Inventories3,723 3,843Prepaid expenses and other1,150 1,292TOTAL CURRENT ASSETS8,666 10,468Property, plant and equipment, net6,646 6,821Goodwill and other intangibles, net36,579 37,383Other assets2,577 2,615TOTAL ASSETS$ 54,467 $ 57,286LIABILITIES AND SHAREHOLDERS' EQUITY Current debt obligations$ 1,604 $ 2,170Other current liabilities6,087 6,786Long-term debt17,666 17,940Long-term employee benefit obligations871 942Deferred income taxes and other liabilities2,998 3,558Shareholders' equity25,241 25,890TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY$ 54,467 $ 57,286 BECTON DICKINSON AND COMPANY CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited; Amounts in millions)Six Months Ended March 31, 20252024 OPERATING ACTIVITIES Net income $ 611 $ ... 818Depreciation and amortization1,215 1,132Change in operating assets and liabilities and other, net(969) (580)NET CASH PROVIDED BY CONTINUING OPERATING ACTIVITIES 857 1,369INVESTING ACTIVITIES Capital expenditures(234) (250)Maturities and sales (purchases) of investments, net413 (815)Acquisitions, net of cash acquired and adjustments13 —Other, net(179) (224)NET CASH PROVIDED BY (USED FOR) INVESTING ACTIVITIES12 (1,289)FINANCING ACTIVITIES Change in short-term debt340 —Proceeds from long-term debt— 1,972Payments of debt(876) —Repurchases of common stock(750) (500)Dividends paid(600) (550)Other, net(81) (79)NET CASH (USED FOR) PROVIDED BY FINANCING ACTIVITIES(1,967) 843Net cash used for operating activities of discontinued operations— (14)Effect of exchange rate changes on cash and equivalents and restricted cash(11) 4NET (DECREASE) INCREASE IN CASH AND EQUIVALENTS AND RESTRICTED CASH(1,109) 913OPENING CASH AND EQUIVALENTS AND RESTRICTED CASH1,856 1,481CLOSING CASH AND EQUIVALENTS AND RESTRICTED CASH$ 747 $ 2,394 BECTON DICKINSON AND COMPANY SUPPLEMENTAL REVENUE INFORMATION REVENUES BY BUSINESS SEGMENTS AND UNITS - UNITED STATES Three Months Ended March 31, (Unaudited; Amounts in millions)ABC=(A-B)/B 20252024% Change BD MEDICAL Medication Delivery Solutions$ 687 $ 662 3.7Medication Management Solutions662 609 8.6Pharmaceutical Systems149 157 (5.1)Advanced Patient Monitoring155 — NMTOTAL$ 1,653 $ 1,429 15.7 BD LIFE SCIENCES Specimen Management (1)$ 242 $ 236 2.7Diagnostic Solutions (1)189 201 (5.8)Biosciences142 142 0.2TOTAL$ 574 $ 579 (0.9) BD INTERVENTIONAL Surgery$ 289 $ 287 0.5Peripheral Intervention269 264 1.9Urology and Critical Care323 347 (6.8)TOTAL$ 880 $ 898 (1.9) TOTAL UNITED STATES$ 3,108 $ 2,906 7.0"NM" denotes that the percentage change is not meaningful. (1) During the first quarter of fiscal year 2025, Life Sciences split its former Integrated Diagnostic Solutions organizational unit into two units to better align BD resources with the distinct needs of each business. BECTON DICKINSON AND COMPANY SUPPLEMENTAL REVENUE INFORMATION REVENUES BY BUSINESS SEGMENTS AND UNITS - INTERNATIONAL Three Months Ended March 31, (continued) (Unaudited; Amounts in millions)D=(A-B)/BE=(A-B-C)/B ABC% Change 20252024FX ImpactReportedFXN BD MEDICAL Medication Delivery Solutions$ 430 $ 445 $ (20) (3.3) 1.3Medication Management Solutions 149 162 (6) (8.2) (4.5)Pharmaceutical Systems426 413 (7) 3.2 5.0Advanced Patient Monitoring102 — (4) NM NMTOTAL$ 1,107 $ 1,020 $ (38) 8.5 12.3 BD LIFE SCIENCES Specimen Management (1)$ 213 $ 222 $ (9) (4.1) 0.1Diagnostic Solutions (1)250 267 (9) (6.3) (2.8)Biosciences209 235 (7) (10.7) (7.9)TOTAL$ 673 $ 724 $ (25) (7.1) (3.6) BD INTERVENTIONAL Surgery$ 94 $ 92 $ (3) 2.5 6.1Peripheral Intervention212 225 (8) (5.5) (1.9)Urology and Critical Care77 78 (3) (1.3) 2.6TOTAL$ 384 $ 395 $ (14) (2.8) 0.8 TOTAL INTERNATIONAL$ 2,164 $ 2,139 $ (78) 1.2 4.8"NM" denotes that the percentage change is not meaningful. (1) During the first quarter of fiscal year 2025, Life Sciences split its former Integrated Diagnostic Solutions organizational unit into two units to better align BD resources with the distinct needs of each business. BECTON DICKINSON AND COMPANY SUPPLEMENTAL REVENUE INFORMATION REVENUES BY BUSINESS SEGMENTS AND UNITS - TOTAL Three Months Ended March 31, (continued) (Unaudited; Amounts in millions)D=(A-B)/BE=(A-B-C)/B ABC% Change 20252024FX ImpactReportedFXN BD MEDICAL Medication Delivery Solutions$ 1,117 $ 1,107 $ (20) 0.9 2.8Medication Management Solutions811 772 (6) 5.1 5.9Pharmaceutical Systems575 570 (7) 0.9 2.2Advanced Patient Monitoring257 — (4) NM NMTOTAL$ 2,760 $ 2,449 $ (38) 12.7 14.3 BD LIFE SCIENCES Specimen Management (1)$ 456 $ 458 $ (9) (0.6) 1.4Diagnostic Solutions (1)440 468 (9) (6.1) (4.1)Biosciences352 377 (7) (6.6) (4.8)TOTAL$ 1,247 $ 1,304 $ (25) (4.3) (2.4) BD INTERVENTIONAL Surgery$ 383 $ 379 $ (3) 1.0 1.9Peripheral Intervention481 489 (8) (1.5) 0.1Urology and Critical Care400 424 (3) (5.8) (5.1)TOTAL$ 1,264 $ 1,292 $ (14) (2.2) (1.1) TOTAL REVENUES$ 5,272 $ 5,045 $ (78) 4.5 6.0"NM" denotes that the percentage change is not meaningful. (1) During the first quarter of fiscal year 2025, Life Sciences split its former Integrated Diagnostic Solutions organizational unit into two units to better align BD resources with the distinct needs of each business. BECTON DICKINSON AND COMPANY SUPPLEMENTAL REVENUE INFORMATION REVENUES BY BUSINESS SEGMENTS AND UNITS - UNITED STATES Six Months Ended March 31, (Unaudited; Amounts in millions)ABC=(A-B)/B 20252024% Change BD MEDICAL Medication Delivery Solutions$ 1,381 $ 1,301 6.1 Medication Management Solutions1,321 1,203 9.8 Pharmaceutical Systems253 285 (11.1) Advanced Patient Monitoring314 — NM TOTAL$ 3,268 $ 2,789 17.2BD LIFE SCIENCES Specimen Management (1)$ 481 $ 469 2.4 Diagnostic Solutions (1)402 411 (2.3) Biosciences295 285 3.4 TOTAL$ 1,178 $ 1,166 1.0BD INTERVENTIONAL Surgery$ 591 $ 568 4.2 Peripheral Intervention522 498 4.7 Urology and Critical Care629 634 (0.8) TOTAL$ 1,742 $ 1,699 2.5TOTAL UNITED STATES$ 6,187 $ 5,655 9.4 "NM" denotes that the percentage change is not meaningful. (1) During the first quarter of fiscal year 2025, Life Sciences split its former Integrated Diagnostic Solutions organizational unit into two units to better align BD resources with the distinct needs of each business. BECTON DICKINSON AND COMPANY SUPPLEMENTAL REVENUE INFORMATION REVENUES BY BUSINESS SEGMENTS AND UNITS - INTERNATIONAL Six Months Ended March 31, (continued) (Unaudited; Amounts in millions)D=(A-B)/BE=(A-B-C)/B ABC% Change 20252024FX ImpactReportedFXN BD MEDICAL Medication Delivery Solutions$ 860 $ 857 $ (20) 0.3 2.7 Medication Management Solutions291 315 (4) (7.5) (6.3) Pharmaceutical Systems740 717 (8) 3.2 4.2 Advanced Patient Monitoring215 — (3) NM NM TOTAL$ 2,107 $ 1,890 $ (35) 11.5 13.3BD LIFE SCIENCES Specimen Management (1)$ 437 $ 436 $ (9) 0.3 2.3 Diagnostic Solutions (1)512 524 (9) (2.2) (0.5) Biosciences418 466 (5) (10.4) (9.3) TOTAL$ 1,367 $ 1,426 $ (23) (4.1) (2.5)BD INTERVENTIONAL Surgery$ 187 $ 181 $ (2) 3.3 4.5 Peripheral Intervention 432 444 (7) (2.7) (1.2) Urology and Critical Care 160 156 (2) 2.8 4.0 TOTAL$ 779 $ 781 $ (11) (0.2) 1.2TOTAL INTERNATIONAL$ 4,253 $ 4,096 $ (69) 3.8 5.5 "NM" denotes that the percentage change is not meaningful. (1) During the first quarter of fiscal year 2025, Life Sciences split its former Integrated Diagnostic Solutions organizational unit into two units to better align BD resources with the distinct needs of each business. BECTON DICKINSON AND COMPANY SUPPLEMENTAL REVENUE INFORMATION REVENUES BY BUSINESS SEGMENTS AND UNITS - TOTAL Six Months Ended March 31, (continued) (Unaudited; Amounts in millions)D=(A-B)/BE=(A-B-C)/B ABC% Change 20252024FX ImpactReportedFXN BD MEDICAL Medication Delivery Solutions$ 2,241 $ 2,159 $ (20) 3.8 4.7 Medication Management Solutions 1,612 1,518 (4) 6.2 6.5 Pharmaceutical Systems993 1,002 (8) (0.9) (0.1) Advanced Patient Monitoring528 — (3) NM NM TOTAL$ 5,375 $ 4,679 $ (35) 14.9 15.6BD LIFE SCIENCES Specimen Management (1)$ 917 $ 905 $ (9) 1.4 2.4 Diagnostic Solutions (1)914 935 (9) (2.2) (1.3) Biosciences713 752 (5) (5.2) (4.5) TOTAL$ 2,545 $ 2,592 $ (23) (1.8) (0.9)BD INTERVENTIONAL Surgery $ 778 $ 748 $ (2) 4.0 4.3 Peripheral Intervention 954 943 (7) 1.2 1.9 Urology and Critical Care 789 789 (2) (0.1) 0.2 TOTAL$ 2,521 $ 2,480 $ (11) 1.6 2.1TOTAL REVENUES$ 10,440 $ 9,751 $ (69) 7.1 7.8 "NM" denotes that the percentage change is not meaningful. (1) During the first quarter of fiscal year 2025, Life Sciences split its former Integrated Diagnostic Solutions organizational unit into two units to better align BD resources with the distinct needs of each business. BECTON DICKINSON AND COMPANY SUPPLEMENTAL REVENUE INFORMATION RECONCILIATION OF REPORTED REVENUE CHANGE TO ORGANIC REVENUE CHANGE Three Months Ended March 31, (Unaudited; Amounts in millions)D = (A-B)/BE=(A-B-C)/B ABC% Change 20252024FX ImpactReportedFXN TOTAL REVENUES$ 5,272 $ 5,045 $ (78) 4.5 6.0 Less: Inorganic revenue adjustment (1)257 — (4) NM NM Organic Revenue$ 5,015 $ 5,045 $ (74) (0.6) 0.9BD MEDICAL REVENUES$ 2,760 $ 2,449 $ (38) 12.7 14.3 Less: Inorganic revenue adjustment (1)257 — (4) NM NM BD Medical Organic Revenue$ 2,503 $ 2,449 $ (34) 2.2 3.6 "NM" denotes that the percentage change is not meaningful. (1) Inorganic revenue adjustment is defined as the amount of incremental revenue attributable to acquisitions and the revenue decline attributable to divestitures during the first 12 months post-acquisition/divestiture. Acquisitions include: Advanced Patient Monitoring in the Medical Segment. BECTON DICKINSON AND COMPANY SUPPLEMENTAL INFORMATION RECONCILIATION OF REPORTED DILUTED EPS TO ADJUSTED DILUTED EPS (Unaudited)Three Months Ended March 31, 20252024ChangeTranslational FXFXNChangeChange %FXNChange % Reported Diluted Earnings per Share$ 1.07 $ 1.85 $ (0.78) $ (0.05) $ (0.73) (42.2) %(39.5) % Purchase accounting adjustments ($551 million and $362 million pre-tax, respectively) (1)1.92 1.25 —Integration costs ($26 million and $4 million pre-tax, respectively) (2)0.09 0.01 —Restructuring costs ($63 million and $98 million pre-tax, respectively) (2)0.22 0.34 —Separation-related items ($10 million and $4 million pre-tax, respectively) (3)0.04 0.01 —European regulatory initiative-related costs ($24 million pre-tax, respectively) (4)— 0.08 —Product, litigation, and other items ($138 million and ($19) million pre-tax, respectively) (5)0.48 (0.07) —Tax impact of specified items and other tax related (($133) million and ($88) million, respectively)(0.46) (0.30) —Adjusted Diluted Earnings per Share$ 3.35 $ 3.17 $ 0.18 $ (0.05) $ 0.23 5.7 %7.3 %(1) Includes amortization and other adjustments related to the purchase accounting for acquisitions. (2) Represents costs associated with integration and restructuring activities. (3) Represents costs recorded to Other operating expense (income), net incurred in connection with the planned separation of BD's Biosciences and Diagnostic Solutions Business for the three months ended March 31, 2025 and the separation of BD's former Diabetes Care business for the three months ended March 31, 2024. (4) Represents costs incurred to develop processes and systems to establish initial compliance with the European Union Medical Device Regulation and the European Union In Vitro Diagnostic Medical Device Regulation, which represent a significant, unusual change to the existing regulatory framework. We consider these costs to be duplicative of previously incurred costs and/or one-off costs, which are limited to a specific period of time. These expenses, which are recorded in Cost of products sold and Research and development expense, include the cost of labor, other services and consulting (in particular, research and development and clinical trials) and supplies, travel and other miscellaneous costs. (5) Includes certain (income) expense items which are not part of ordinary operations and affect the comparability of the periods presented. Such items may include certain product remediation costs, certain legal matters, certain investment gains and losses, certain asset impairment charges, and certain pension settlement costs. The amount for the three months ended March 31, 2025 reflects a charge of $76 million to Cost of products sold to adjust the estimate of future product remediation costs and charges of $32 million to Other operating expense (income), net, related to various legal matters. BECTON DICKINSON AND COMPANY SUPPLEMENTAL INFORMATION RECONCILIATION OF REPORTED DILUTED EPS TO ADJUSTED DILUTED EPS (Unaudited)Six Months Ended March 31, 20252024ChangeTranslational FXFXNChangeChange %FXNChange % Reported Diluted Earnings per Share$ 2.11 $ 2.81 $ (0.70) $ (0.04) $ (0.66) (24.9) %(23.5) % Purchase accounting adjustments ($1.121 billion and $724 million pre-tax, respectively) (1)3.88 2.48 —Integration costs ($50 million and $9 million pre-tax, respectively) (2)0.17 0.03 —Restructuring costs ($129 million and $167 million pre-tax, respectively) (2)0.45 0.57 —Transaction Costs ($4 million pre-tax) (3) 0.01 — —Separation-related items ($10 million and $7 million pre-tax, respectively) (4)0.04 0.02 —European regulatory initiative-related costs ($47 million pre-tax) (5)— 0.16 —Product, litigation, and other items ($240 million and ($5) million pre-tax, respectively) (6)0.83 (0.02) —Tax impact of specified items and other tax related (($204) million and ($64) million, respectively)(0.70) (0.22) —Adjusted Diluted Earnings per Share$ 6.78 $ 5.84 $ 0.94 $ (0.05) $ 0.99 16.1 %17.0 % (1) Includes amortization and other adjustments related to the purchase accounting for acquisitions. (2) Represents costs associated with integration and restructuring activities. (3) Represents transaction costs recorded to Integration, restructuring and transaction expense incurred in connection with the Advanced Patient Monitoring acquisition. (4) Represents costs recorded to Other operating expense (income), net incurred in connection with the planned separation of BD's Biosciences and Diagnostic Solutions Business for the six months ended March 31, 2025 and the separation of BD's former Diabetes Care business for the six months ended March 31, 2024. (5) Represents costs incurred to develop processes and systems to establish initial compliance with the European Union Medical Device Regulation and the European Union In Vitro Diagnostic Medical Device Regulation, which represent a significant, unusual change to the existing regulatory framework. We consider these costs to be duplicative of previously incurred costs and/or one-off costs, which are limited to a specific period of time. These expenses, which are recorded in Cost of products sold and Research and development expense, include the cost of labor, other services and consulting (in particular, research and development and clinical trials) and supplies, travel and other miscellaneous costs. (6) Includes certain (income) expense items which are not part of ordinary operations and affect the comparability of the periods presented. Such items may include certain product remediation costs, certain legal matters, certain investment gains and losses, certain asset impairment charges, and certain pension settlement costs. The amount for the six months ended March 31, 2025 reflects charges of $98 million to Cost of products sold to adjust the estimate of future product remediation costs, a charge of $30 million to Research and development expense related to a non-cash asset impairment charge in the Life Sciences segment, and charges of $60 million to Other operating expense (income), net, related to various legal matters. BECTON DICKINSON AND COMPANY SUPPLEMENTAL INFORMATION FY 2025 OUTLOOK RECONCILIATIONFull Year FY 2024Full Year FY 2025 Outlook ($ in millions)% ChangeRevenues BDX Reported Revenues$ 20,178Add: Revenue Adjustment Impact67Adjusted Revenues$ 20,245 FY 2025 Reported Revenue Growth+8.0% to +8.5% Revenue Adjustment Impact~+35 basis points Illustrative Foreign Currency (FX) Impact(~10) basis points FY 2025 Revenue Growth (adjusted) (FXN)+7.8% to 8.3% FY 2025 Inorganic Impact to Revenue Growth~+475 basis points FY 2025 Organic Revenue Growth (FXN)+3.0% to +3.5%Total FY 2025 Revenues~$21.8 to $21.9 billionNotes - Revenue Adjustment Impact reflects the recognition of accruals resulting from developments relating to the Italian government medical device pay back legislation, as well as another legal matter, and which substantially relate to years prior to fiscal year 2024. - Inorganic revenue adjustment is defined as the amount of incremental revenue attributable to acquisitions and the revenue decline attributable to divestitures during the first 12 months post-acquisition/divestiture. BECTON DICKINSON AND COMPANY SUPPLEMENTAL INFORMATION FY 2025 OUTLOOK RECONCILIATION CONTINUEDFull Year FY 2025 Outlook Full Year FY 2024 from Continuing OperationsTotal Company Reported Diluted Earnings per Share$ 5.86Purchase accounting adjustments ($1.503 billion pre-tax) (1)5.16Integration costs ($23 million pre-tax) (2)0.08Restructuring costs ($387 million pre-tax) (2)1.33Transaction Costs ($48 million pre-tax) (3) 0.17Financing Costs (($8) million pre-tax) (3)(0.03)Separation-related items ($13 million pre-tax) (4)0.05European regulatory initiative-related costs ($104 million pre-tax) (5)0.36Product, litigation, and other items ($346 million pre-tax) (6)1.19Tax impact of specified items and other tax related (($297) million)(1.02)Adjusted Diluted Earnings per Share$ 13.14 $14.06 to $14.34 Reported % Change+7.0% to +9.1%(1) Includes amortization and other adjustments related to the purchase accounting for acquisitions. (2) Represents costs associated with integration and restructuring activities. (3) Represents transaction costs and financing impacts associated with the Advanced Patient Monitoring acquisition. The transaction costs are recorded in Integration, restructuring and transaction expense and the financing impacts are recorded in Interest income and Interest expense. (4) Represents costs recorded to Other operating expense (income), net incurred in connection with the separation of BD's former Diabetes Care business. (5) Represents costs incurred to develop processes and systems to establish initial compliance with the European Union Medical Device Regulation and the European Union In Vitro Diagnostic Medical Device Regulation, which represent a significant, unusual change to the existing regulatory framework. We consider these costs to be duplicative of previously incurred costs and/or one-off costs, which are limited to a specific period of time. These expenses, which are recorded in Cost of products sold and Research and development expense, include the cost of labor, other services and consulting (in particular, research and development and clinical trials) and supplies, travel and other miscellaneous costs. (6) Includes certain (income) expense items which are not part of ordinary operations and affect the comparability of the periods presented. Such items may include certain product remediation costs, certain legal matters, certain investment gains and losses, certain asset impairment charges, and certain pension settlement costs. The amount in 2024 reflects the recognition of $67 million in accruals as an impact to Revenues resulting from recent developments relating to the Italian government medical device pay back legislation, as well as another legal matter, and which substantially relate to years prior to our current fiscal year, and charges of $38 million to Cost of products sold to record or adjust future costs for product remediation efforts. The amount in 2024 also reflects charges to Other operating expense (income), net related to legal matters, including a $175 million charge to accrue an estimated liability for the SEC investigation with respect to, among other things, certain reporting issues involving BD Alaris™ infusion pumps included in SEC disclosures prior to 2021. View original content: SOURCE BD (Becton, Dickinson and Company) Sign in to access your portfolio
Cision Canada
29-04-2025
- Business
- Cision Canada
ONE OF THE WORLD'S MOST PRESTIGIOUS CANCER CENTERS ADOPTS SECTRA FOR INTEGRATED DIAGNOSTICS AND IMPROVED PATIENT CARE
SHELTON, Conn., April 29, 2025 /CNW/ -- International medical imaging IT and cybersecurity company Sectra (STO: SECT B) will provide its enterprise imaging solution as a cloud service, Sectra One Cloud, to a US cancer center under a new agreement. The fully managed service aims to improve physician collaboration through integrated diagnostics, ultimately streamlining and improving patient care. The center will initially utilize Sectra's modules for radiology, breast imaging, cardiology, pathology and ophthalmology, all unified within a single platform. A single system for multiple specialties will provide them with a comprehensive overview of the patient imaging record as well as facilitate collaboration between physicians. It will also allow them to easily include other medical imaging specialties in the future. Moreover, the fully managed service ensures ongoing monitoring, optimization, and updates. "The integrated diagnostics approach, where medical specialties collaborate around patient cases to make faster and more accurate diagnoses and treatment decisions, is especially beneficial in cancer care. We are excited to support and follow this cancer center on their journey towards cloud and towards integrated diagnostics," says Marie Ekström Trägårdh, Executive Vice President of Sectra AB and President of Sectra Imaging IT Solutions. The 7-year contract for Sectra One Cloud was signed in February 2025. The contracted order value amounts to $30.7M USD of which $27.8M USD is guaranteed. About Sectra With over 30 years of innovation and more than 2,500 installations managing 152 million annual imaging exams, Sectra is a leading imaging IT provider to health systems worldwide. Sectra offers a complete enterprise solution comprised of imaging modules (radiology, cardiology, pathology, orthopedics, genomics and ophthalmology), and a robust VNA. Over the last consecutive twelve years, Sectra has been awarded Best in KLAS for highest customer satisfaction. For more information, visit Sectra's website. Media contact: Torbjörn Kronander President and CEO [email protected] +46 705 23 5227 SOURCE Sectra, Inc
Yahoo
11-02-2025
- Business
- Yahoo
Omega Healthcare Debuts with a 96.7 Overall Performance Score in the Best in KLAS 2025 Ambulatory RCM Services (EHR Agnostic) Category
Achieves a Market Leader Position for Outsourced CodingRated for the First Time in the Extended Business Office: Large (>200 Beds) Category BOCA RATON, Fla., Feb. 11, 2025 /PRNewswire/ -- Omega Healthcare, a leading provider of technology-enabled healthcare solutions, today announced it was rated across three categories in the 2025 Best in KLAS: Software and Services report. Notably, Omega Healthcare achieved an overall performance score of 96.7 in its first time participating in the Ambulatory RCM (EHR Agnostic) category. Additionally, Omega Healthcare was named a Market Leader for Outsourced Coding, (ranked second with a score of 89.2); and debuted in the Extended Business Office: Large (>200 Beds) category, with a score of 88. "We are very proud of the high scores we achieved across all three categories we participated in, especially A+ grades for Value and Loyalty, the ONLY A+ ratings received in the category, and straight As for Operations, Relationship and Services, in the Ambulatory RCM Services (EHR Agnostic) category," said Anurag Mehta, Co-Founder & CEO, Omega Healthcare. "We are even more proud that this feedback comes directly from our customers which is a testament to the partnerships we have built and the quantifiable outcomes and value our teams have consistently delivered together. We cannot thank our clients enough for bringing us in as an integral part of their teams." Omega Healthcare is focused on empowering healthcare organizations to address a plethora of RCM market challenges – from eroding profit margins and staffing shortages, to maximizing the full potential of AI/GenAI/Agentic AI and automation technologies – to deliver exceptional care while enhancing financial performance. Leveraging the Omega Digital Platform®, which provides technology-enabled services through a blend of proprietary solutions and technology partnerships, customers benefit from the strategic investments Omega Healthcare makes in its portfolio of solutions, so they do not have to take on risky technology implementations themselves. "Congratulations to the 2025 winners of the Best in KLAS awards! In the ever-evolving healthcare landscape, achieving excellence is no small feat. Winning a Best in KLAS award signifies a commitment to delivering outstanding value and innovation to healthcare providers and patients alike. It is a testament to their hard work, dedication, and passion--all of which are needed to drive our industry forward. It is my hope that these awards inspire the winners and other companies to reach new heights," said Adam Gale, KLAS CEO. Our Commitment to Our Customers KLAS Research teams conduct interviews with each vendor's customers as part of their process to measure feedback. Omega Healthcare's customers provided consistently positive feedback. According to one healthcare VP interviewed by KLAS in December of 2024: "I would recommend Omega Healthcare. I would rate receiving my money's worth for their services at the top of the scale. If anything, the firm should get a rating higher than the top of the scale. Omega Healthcare is one of our best partnerships, specifically if we are looking for lower-cost solutions for any function within the revenue cycle. They do a good job regarding cash collections and customer service. We use them significantly. We have expanded our partnership as we have grown, and we haven't had any area we have not expanded on. That goes to say that they have been a good partner; otherwise, we wouldn't be expanding with them." A healthcare COO interviewed by KLAS in December of 2024 stated: "Omega Healthcare is extraordinary in their executive involvement. Their leadership team is absolutely phenomenal. They have gone so far above and beyond." Another healthcare VP surveyed by KLAS in December of 2024 said: "My overall satisfaction with Omega Healthcare is at the top of the scale, and that is why we keep expanding their services. They are great about bringing data. They are great data miners. They help us find solutions based on data, not on what they think is happening. Data integrity is very important. They are a great partner, and I have recommended them to several different organizations because of the work they have done for us." "Omega Healthcare has been an awesome partner for the last few years. In fact, we have expanded with the Omega Healthcare staff to support other areas, so I think they just have a very good reputation and have done a very good job for our health system," added another healthcare director interviewed by KLAS in October of 2024. Read the complete 2025 Best in KLAS: Software & Services report here to learn more. The report is available at no cost to providers who register online with KLAS. Note: As a newly rated vendor in both Ambulatory RCM (EHR Agnostic) and Extended Business Office: Large (>200 Beds) categories, Omega Healthcare was not eligible to win or be officially ranked Best in KLAS in the 2025 report. However, the Company provided the required number of customer references to be considered fully rated in these two categories. About Omega Healthcare Founded in 2003, Omega Healthcare Management Services® (Omega Healthcare) empowers healthcare to thrive via intelligent solutions that optimize revenue cycle operations, administrative workflows, care coordination, and clinical research on a global scale. The company works with providers, payers, life science companies, medical device manufacturers, health technology firms, researchers, and industry partners to amplify teams with robust technology, specialty expertise, and operational support. Omega Healthcare serves 350+ healthcare organizations with 35,000 skilled workers in the United States, India, Colombia, and the Philippines. For more information, visit 2025 Best in KLAS definitions Best in KLAS is awarded only in those software and services market segments that have the broadest operational and clinical impact on healthcare organizations. Best in KLAS 2025 is based on information obtained from more than 23,000 evaluations. These interviews represent the opinions of healthcare professionals and clinicians from more than 6,000 healthcare organizations and measure more than 1,700 healthcare technology products and services. About KLAS KLAS is a research and insights firm on a global mission to improve healthcare. Working with thousands of healthcare professionals and clinicians, KLAS gathers data and insights on software and services to deliver timely reports and performance data that represent provider and payer voices and act as catalysts for improving vendor performance. The KLAS research team publishes reports covering the most pressing questions facing healthcare technology today, including emerging technology insights, that provide early insights on the future of healthcare technology solutions. KLAS also fosters measurement and collaboration between healthcare providers and payers and best practice adoption. Learn more at Media contacts: Marykate Reese, Marcia G. 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