BD’s CareFusion lands $100m contract with U.S. Defense Dept.

Becton Dickinson (NYSE:BDX) subsidiary CareFusion won a $100 million contract to develop an automated drug dispensing system for the U.S. Defense Dept., the Pentagon said last week.

The 5-year blanket purchase agreement “supports the need for a comprehensive Pharmacy Inpatient Automation Solution (PIAS) – Automated Dispensing Cabinet (ADC) that meets the highest quality standards for implementation at military treatment facilities (MTFs) across the Military Health System (MHS),” according to a Defense Dept. press release.

“The intent of this automated solution is to enhance the medication distribution capabilities of MTF inpatient pharmacies and hospital/clinic service areas while seeking to gain management efficiencies and cost savings,” the Defense Dept. said.

Becton Dickinson closed its $12.2 billion acquisition of CareFusion in March 2015. A year later the company dealt CareFusion’s vertebral compression fracture portfolio to Stryker (NYSE:SYK) for an undisclosed amount.

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