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Bd To Acquire Parata Systems To Enter New Pharmacy Automation Solutions Market

PRIVATEJun 06, 2022

Acquiring Company

Bard

Acquired Company

Parata Systems

United StatesManufacturingHealth CareInformation TechnologyHealth Care

Description

BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, and Frazier Healthcare Partners, a leading private equity firm focused exclusively on the health care sector, today announced a definitive agreement for BD to acquire Parata Systems, an innovative provider of pharmacy automation solutions, for $1.525 billion.

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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 Parata Systems?

Parata Systems was acquired by Bard, based in United States. The deal was reported on June 6, 2022. 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 Parata Systems?

Bard's acquisition of Parata Systems was reported on June 6, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Parata Systems do?

It is privately held, operating in Information Technology.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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