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BD Inks $750M Term Loan Deal

NEW YORK (360Dx) – Becton Dickinson disclosed this week it has entered into a $750 million, 364-day term loan agreement.

Wells Fargo is the administrative agent of the agreement for the senior unsecured term loan facility, which was disclosed in a document filed with the US Securities and Exchange Commission. Franklin Lakes, New Jersey-based BD said that borrowings under the facility were used to partially refinance a three-year term loan agreement inked in May 2017 with Citibank and other lenders.

The new loan agreement was reached on Sept. 6.

The Scan

Steps for Quick Review

The US Food and Drug Administration is preparing for the quick review of drugs and vaccines for the Omicron variant, according to the Wall Street Journal.

Moving Away From Using Term 'Race'

A new analysis finds that geneticists are using the term "race" in their papers less than in years past, as Science reports.

Point of the Program

The Guardian writes that some scientists have called the design of a UK newborn sequencing program into question.

Science Papers Present Multi-Omic Analysis of Lung Cells, Regulation of Cardiomyocyte Proliferation

In Science this week: a multi-omic analysis of lung cells focuses on RIT1-regulated pathways, and more.