Skip to main content
Premium Trial:

Request an Annual Quote

BD Posts Q3 Revenue Decline on Negative Currency Impact

NEW YORK (GenomeWeb News) – Becton Dickinson today reported that its third-quarter 2009 revenues decreased around 2 percent, but were up approximately 5 percent excluding the negative impact of foreign currency translation.

The Franklin Lakes, NJ-based medical devices, diagnostics, and life sciences products firm generated total revenues of $1.82 billion for the three-month period ended June 30 compared to revenues of $1.85 billion for the second quarter of 2008.

Its BD Medical segment had revenues of $968.7 million, down 3 percent from $998.1 million. Its BD Diagnostics segment had revenues of $566.4 million, up 2 percent from $553.4 million.

BD Biosciences' revenue declined 4 percent to $285.2 million from $297.8 million. The firm said that excluding foreign currency impact the segment declined 1 percent. "Demand in the US for capital equipment in the research and clinical segments continued to be impacted by funding constraints," BD said in a statement.

The firm posted a profit of $341 million, or $1.39 per share, up from $297.1 million, or $1.18 per share, the year before. Its R&D expenses declined less than 2 percent to $98.5 million from $99.9 million, and its SG&A spending declined around 1 percent to $429.9 million from $435.8 million.

BD did not provide its cash position as of the end of the quarter.

Filed under

The Scan

Interfering With Invasive Mussels

The Chicago Tribune reports that researchers are studying whether RNA interference- or CRISPR-based approaches can combat invasive freshwater mussels.

Participation Analysis

A new study finds that women tend to participate less at scientific meetings but that some changes can lead to increased involvement, the Guardian reports.

Right Whales' Decline

A research study plans to use genetic analysis to gain insight into population decline among North American right whales, according to CBC.

Science Papers Tie Rare Mutations to Short Stature, Immunodeficiency; Present Single-Cell Transcriptomics Map

In Science this week: pair of mutations in one gene uncovered in brothers with short stature and immunodeficiency, and more.