BD Announces $24 Million U.S. Government Investment to Support Scale Up of U.S. Manufacturing of COVID-19 Diagnosic Tests

BD Veritor™ Solution for Rapid Detection of SARS-CoV-2 (see demo here).” data-reactid=”13″>FRANKLIN LAKES, N.J., July 30, 2020 /PRNewswire/ — BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced a $24 million investment from the U.S. Department of Defense in collaboration with the U.S. Department of Health and Human Services to support the scale up of U.S. manufacturing capabilities for BD Veritor™ Solution for Rapid Detection of SARS-CoV-2 (see demo here).

February 2021.

Dave Hickey, president of Integrated Diagnostic Solutions for BD. “This investment will bolster our U.S. manufacturing capabilities helping us quickly scale our production of point-of-care COVID-19 tests to ensure we have a robust supply for our U.S. customers.”

announced that it had received FDA emergency use authorization for the BD Veritor™ Plus SARS-CoV-2 antigen assay on July 6, 2020 and plans to leverage its growing U.S. installed base of more than 25,000 BD Veritor™ Plus instruments to enable the deployment of the SARS-CoV-2 assay across the U.S. The easy-to-use design of the instrument, slightly larger than a cell phone, makes it ideal for use in a variety of clinical settings including hospitals, clinician offices, urgent care centers, and retail pharmacies, where it has already been used in influenza, group A strep and RSV testing for several years.” data-reactid=”32″>BD announced that it had received FDA emergency use authorization for the BD Veritor™ Plus SARS-CoV-2 antigen assay on July 6, 2020 and plans to leverage its growing U.S. installed base of more than 25,000 BD Veritor™ Plus instruments to enable the deployment of the SARS-CoV-2 assay across the U.S. The easy-to-use design of the instrument, slightly larger than a cell phone, makes it ideal for use in a variety of clinical settings including hospitals, clinician offices, urgent care centers, and retail pharmacies, where it has already been used in influenza, group A strep and RSV testing for several years.

BD.com/covid19 or contact IDS.Covidtests@bd.com.” data-reactid=”33″>U.S. customers interested in BD diagnostic solutions for COVID-19 should visit BD.com/covid19 or contact IDS.Covidtests@bd.com.

BD 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 65,000 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.

bd.com.” data-reactid=”43″>For more information, visit bd.com.

This press release contains certain forward-looking statements regarding the manufacturing of the BD Veritor™ COVID-19 diagnosic test. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements.  Many of these risks and uncertainties are beyond the company’s control, including without limitation, disruptions caused by the coronavirus pandemic and other factors listed in our 2019 Annual Report on Form 10-K and other filings with the SEC.  BD expressly disclaims any undertaking to update any forward looking statements set forth herein to reflect events or circumstances after the date hereof, except as required by applicable laws or regulations.

Contacts:

Gwen Gordon

Monique N. Dolecki

BD Public Relations

BD Investor Relations

858.352.8462

201.847.5378

gwen.gordon@bd.com

monique_dolecki@bd.com

Cision

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SOURCE BD (Becton, Dickinson and Company)



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