India, Feb. 6 -- BD (Becton, Dickinson and Company), a leading global medical technology company headquartered in the US, has announced its board of directors has unanimously authorised BD management to pursue a plan to separate BD's Biosciences and Diagnostic Solutions business from the rest of BD to enhance strategic focus and growth-oriented investments and capital allocation for both BD and the separated business and enhance value creation for shareholders.

The separation decision was the result of a comprehensive business portfolio evaluation launched by BD in early 2024. The company believes the separation is expected to unlock value on two fronts: The creation of a New BD that is recognised as a focused, innovative and growth-orie...