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BD acquires Edwards Lifesciences' Critical Care Product Group for $4.2 Billion to enhance smart connected care solutions

PRIVATEJun 03, 2024

Acquiring Company

Bard

Acquired Company

Edwards Lifesciences

United StatesIrvineManufacturingHealth CareManufacturingBiotechnologyHealthcareHealth CareArtificial IntelligenceMedicalMedical Device

Description

BD (Becton, Dickinson and Company) has entered into a definitive agreement to acquire Edwards Lifesciences' Critical Care product group for $4.2 billion in cash. This acquisition aims to expand BD’s portfolio of smart connected care solutions and establish its position as an advanced monitoring technology leader.

Quick answer

Bard is acquiring Edwards Lifesciences for $4.2 billion, announced June 3, 2024. Bard is based in United States.

How much did Bard pay for Edwards Lifesciences?
The reported deal value is $4.2 billion.
What does Bard do?
Bard is a leading provider of medical technologies, including devices for urology, oncology, and vascular medicine.
Where are Bard and Edwards Lifesciences based?
Bard is based in United States. Edwards Lifesciences is based in Irvine, California, United States.
Who are the decision-makers at Bard?
Fundz holds 2 contacts at Bard. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Bard

Location

United States

About

Bard is a leading provider of medical technologies, including devices for urology, oncology, and vascular medicine. Founded in 1907, Bard develops innovative solutions to enhance patient care and improve clinical outcomes. The company is well-known for its high-quality products that are used by healthcare professionals globally. Bard has a notable presence in the medical device market, with a focus on patient safety and efficacy.

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Frequently asked

Who acquired Edwards Lifesciences?

Edwards Lifesciences was acquired by Bard, based in United States. The deal was reported on June 3, 2024. Bard is a leading provider of medical technologies, including devices for urology, oncology, and vascular medicine. Bard is privately held and operates in Manufacturing.

When did Bard acquire Edwards Lifesciences?

Bard's acquisition of Edwards Lifesciences was reported on June 3, 2024. BD (Becton, Dickinson and Company) has entered into a definitive agreement to acquire Edwards Lifesciences' Critical Care product group for $4.2 billion in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Edwards Lifesciences do?

Edwards Lifesciences is the global leader of patient-focused innovations for structural heart disease and critical care monitoring. It is privately held, operating in Manufacturing, and is based in Irvine.

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