BD Partners With Waters to Build High-Volume Diagnostics Leader
Key Takeaways BDX will merge its diagnostics unit with Waters to form a high-throughput testing company. BDX's new venture aims for 9B and 4B cash and hold 39.2% stake in the combined entity via Reverse Morris Trust.Becton, Dickinson and Company (BDX) , popularly known as BD, and Waters Corporation (WAT) recently announced a strategic collaboration to combine BD’s Biosciences Diagnostic Solutions business with Waters’ expertise in ana ...