Becton, Dickinson and Co. has announced it will acquire Safety Syringes, according to a news release.
Safety Syringes, headquartered in Carlsbad, Calif., develops anti-needlestick devices for prefilled syringes.
"This pending acquisition is well aligned to BD's strategy of applying technology and clinical knowledge to make healthcare more effective, efficient and safe," said William A. Kozy, BD executive vice president, in the release. "Developments for parenteral drug delivery systems continue to be a part of BD's long-term strategy. This acquisition is intended to provide our BD medical - pharmaceutical systems unit with additional safety features for prefillable syringes, helping to protect against accidental needlesticks by providing safer injections for healthcare workers and end users."
The acquisition is expected to close by the end of BD's fiscal year 2012. The financial terms of the agreement were not disclosed.
Becton, Dickinson and Co. is headquartered in Franklin Lakes, N.J.
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