BD Acquires CRISI Medical Systems


Joint development of BD Intelliport™ Medication Management System is the first step in the creation of new injection safety market



FRANKLIN LAKES, N.J. – BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced the acquisition of CRISI Medical Systems, a San Diego-based medical technology company dedicated to improving the safety and delivery of IV injectable medications. The acquisition furthers BD's position in helping address preventable medication errors and improve care delivery efficiencies.



BD and CRISI entered into an exclusive partnership in June 2013 to jointly develop the BD Intelliport™ Medication Management System, a first-of-its-kind medication management solution for manual IV bolus injections. The Intelliport system is the first and only solution to provide real-time drug identification, dose measurement and allergy detection at the point of injection while wirelessly sending captured information directly into the patient's electronic medical record (EMR) following medication administration. The Intelliport system received clearance from the U.S. Food and Drug Administration (FDA) in December 2014 and is expected to be commercially available in spring 2015.



"We are very excited about the CRISI acquisition. It gives BD access to the injection safety market with a differentiated platform that we believe, when combined with our pending CareFusion acquisition, will significantly enhance our growing end-to-end IV medication safety offering," said Tom Polen, Segment President, BD Medical. "The Intelliport system fills a need that has remained unmet for decades - the use of technology to reduce the likelihood of human error in the practice of injectable medication delivery."



"We found the perfect partner in BD and are very pleased to have been on this journey together to create and introduce the Intelliport system to the medical community," commented Michael K. Perry, Chief Executive Officer, CRISI Medical Systems.



"By combining forces with CRISI, BD will continue moving forward with raising awareness of preventable medication errors. We will also have a sophisticated offering to help support healthcare providers in their efforts to exceed compliance standards while delivering safe and exceptional patient care," said William A. Tozzi, President, BD Medical - Medical Surgical Systems. "We are pleased to welcome this new platform to BD."



Financial details on the acquisition are not being disclosed at this time. BD expects the transaction will be immaterial and does not expect it to impact BD's previously communicated fiscal year 2015 earnings guidance.



About BD

BD is a leading medical technology company that partners with customers and stakeholders to address many of the world's most pressing and evolving health needs. Our innovative solutions are focused on improving drug delivery, enhancing the diagnosis of infectious diseases and cancers, supporting the management of diabetes and advancing cellular research. We are more than 30,000 associates in 50 countries who strive to fulfill our purpose of "Helping all people live healthy lives" by advancing the quality, accessibility, safety and affordability of healthcare around the world. For more information, please visit www.bd.com.



Contacts:

Ed Cook

Corporate Communications

(201) 847-7176

Ed_Cook@bd.com



Monique
N. Dolecki

Investor Relations

(201) 847-5378

Monique_Dolecki@bd.com



SOURCE BD (Becton, Dickinson and Company)



Web Site: http://www.bd.com

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