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BD (BDX) Signs to Acquire PhaSeal Maker Carmel Pharma

July 27, 2011 8:08 AM EDT
BD (Becton, Dickinson and Company) (NYSE: BDX) has entered an agreement to acquire Carmel Pharma, Inc.

The acquisition is expected to close by the end of BD's fiscal year 2011. The financial terms of the agreement were not disclosed.

Carmel Pharma manufactures the PhaSeal System, the leading closed-system drug transfer device for the safe handling of hazardous drugs that are packaged in vials.


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