-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UWz+G+kaQZxm1gWHd9wPfn8kYZ2dNNqYaK8FHptJDunnXMANyySSneLvJqPJ1NZ2 0frPrSdSUwHvqtB24Y6kiQ== 0000950117-03-000061.txt : 20030114 0000950117-03-000061.hdr.sgml : 20030114 20030108102301 ACCESSION NUMBER: 0000950117-03-000061 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030108 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: FILED AS OF DATE: 20030108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BECTON DICKINSON & CO CENTRAL INDEX KEY: 0000010795 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 220760120 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04802 FILM NUMBER: 03507171 BUSINESS ADDRESS: STREET 1: ONE BECTON DR CITY: FRANKLIN LAKES STATE: NJ ZIP: 07417-1880 BUSINESS PHONE: 2018476800 MAIL ADDRESS: STREET 1: ONE BECTON DR CITY: FRANKLIN LAKE STATE: NJ ZIP: 07417 8-K 1 a34134.txt BECTON, DICKINSON AND COMPANY SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) January 8, 2003 --------------- BECTON, DICKINSON AND COMPANY - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) New Jersey 001-4802 22-0760120 - - -------------------------------------------------------------------------------- (State or other juris- (Commission (IRS Employer Iden- diction of incorporation) File Number) tification Number) 1 Becton Drive, Franklin Lakes, New Jersey 07417-1880 - - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (201) 847-6800 -------------- N/A - -------------------------------------------------------------------------------- (Former name or former addresses if changed since last report.) Item 7. Financial Statements and Exhibits Exhibit 99.1 Press release dated January 8, 2003. Item 9. Regulation FD Disclosure On January 8, 2003, the Registrant issued the press release that is attached hereto as Exhibit 99.1. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BECTON, DICKINSON AND COMPANY (Registrant) By: /s/ Gary DeFazio ----------------------- Gary DeFazio Assistant Secretary Date: January 8, 2003 2 INDEX TO EXHIBITS ----------------- Exhibit Number Description of Exhibits ------ ----------------------- 99.1 Press release dated January 8, 2003. STATEMENT OF DIFFERENCES The trademark symbol shall be expressed as...................... 'TM' The copyright symbol shall be expressed as...................... 'c' The Greek letter mu shall be expressed as....................... 'u' EX-99 3 ex99-1.txt EXHIBIT 99.1 Contact: Charles A. Borgognoni Corporate Communications (201) 847-6651 E-mail: charles_borgognoni@bd.com Contact: Michael Roth GCI Group (212) 537-8256 E-mail: mroth@gcigroup.com Contact: Patricia Spinella Investor Relations (201) 847-5453 E-mail: patricia_spinella@bd.com BD Presents New Blood Glucose Monitoring Products and Announces Strategic Relationships with Medtronic MiniMed and Eli Lilly and Company Franklin Lakes, NJ (January 8, 2003) - BD (Becton, Dickinson and Company) (NYSE:BDX) today introduced two new FDA-cleared blood glucose monitoring products, the BD Logic'TM' Blood Glucose Monitor and the BD Latitude'TM' Diabetes Management System, both of which will be available in the United States. As part of the new product launches, BD has entered into two separate and unrelated strategic relationships with industry leaders Medtronic MiniMed, the diabetes management business of Medtronic, Inc. (NYSE: MDT), and Eli Lilly and Company (Lilly) (NYSE: LLY) to increase its diabetes care market presence. "We are very excited to unveil our new products that offer patients a less painful, more convenient solution to managing their blood glucose levels," said Edward J. Ludwig, Chairman, President and Chief Executive Officer of BD. "We believe these products set a new performance standard in the blood glucose monitoring industry. In addition, the strategic relationships we are announcing today with Medtronic MiniMed and Lilly, each leaders in their respective diabetes care markets, will significantly expand the reach of BD's new blood glucose products. Through these relationships, we also intend to pursue next-generation diabetes products." The BD Logic'TM' Blood Glucose Monitor is a cutting edge meter with best-in-class strip technology, an easy-to-read display screen and large data capacity. The BD Latitude'TM' Diabetes Management System is the first fully integrated therapeutic diabetes device that contains a blood glucose monitor, lancing device, lancets, strips, and storage for an insulin pen and pen needles, all the tools needed to test and inject. Both the BD Logic'TM' Blood Glucose Monitor and the BD Latitude'TM' Diabetes Management System use the thinnest lancet available (33-gauge) to minimize pain and test strips that require only a minimal amount of blood (.3'u'L), and deliver accurate results in just 5 seconds. Under the terms of the worldwide agreement, Medtronic MiniMed will distribute a co-branded version of the BD Logic'TM' Blood Glucose Monitor and BD'TM' strips through its global distribution channels. In addition, the companies will collaborate in the development of integrated systems that provide greater convenience for Medtronic MiniMed pump wearers, who represent the most frequent blood glucose testers. "This alliance enables us to better serve our customers today by offering a best-in-class monitor and strips, and will extend our leadership position in the future by developing integrated systems to simplify diabetes management," said Jeffery A. McCaulley, Vice President and General Manager, Diabetes, Medtronic MiniMed. "We believe product simplification will foster patient adherence, improving blood sugar control and overall health of diabetes patients." Under the terms of the agreement with Lilly, Lilly will utilize its U.S. diabetes sales organization to provide targeted support for the market introduction of the new BD Latitude'TM' Diabetes Management System, and will help create awareness of the new product with healthcare professionals. There is no sharing of revenue between the companies. Lilly and BD also will jointly pursue future opportunities in diabetes disease management. "Lilly is committed to improving the care and quality of life for people with diabetes and considers this relationship as an opportunity to advance these objectives," said Khoso Baluch, U.S. diabetes care business unit leader for Lilly. A conference call regarding the new BD diabetes products and two agreements will be held on January 8, 2003 at 8:00 a.m. (EST). Investors and the general public are invited to listen via live webcast at www.bd.com. Following the conclusion of the call, a rebroadcast will be available until midnight on January 15, 2003 on BD's website or by calling 1-888-562-4432 in the U.S. or 1-402-530-7652 outside the U.S. No access code is needed. BD is a medical technology company that serves healthcare institutions, life science researchers, clinical laboratories, industry and the general public. BD manufactures and sells a broad range of medical supplies, devices, laboratory equipment and diagnostic products. For the fiscal year ended September 30, 2002, BD reported total revenues of $4.033 billion. This press release may contain certain forward-looking statements (as defined under Federal securities laws) regarding BD's performance, including future revenues, products and income, or events or developments that BD expects to occur or anticipates occurring in the future. All such statements are based upon current expectations of BD and involve a number of business risks and uncertainties. Actual results could vary materially from anticipated results described, implied or projected in any forward-looking statement. Factors that could cause actual results to vary materially from any forward-looking statement include, but are not limited to: competitive factors; pricing and market share pressures; uncertainties of litigation; BD's ability to achieve sales and earnings forecasts, which are based on sales volume and product mix assumptions, to achieve its cost savings objectives, and to achieve anticipated synergies and other cost savings in connection with acquisitions; changes in regional, national or foreign economic conditions; increases in energy costs; fluctuations in costs and availability of raw materials and in BD's ability to maintain favorable supplier arrangements and relationships; changes in interest or foreign currency exchange rates; delays in product introductions; and changes in healthcare or other governmental regulation, as well as other factors discussed in this press release and in BD's most recent Form 10-K filed with the Securities and Exchange Commission. We do not intend to update any forward-looking statements. BD, BD Logo and all other trademarks are property of Becton, Dickinson and Company 'c' 2003 BD Brands are trademarks of their respective holders. -----END PRIVACY-ENHANCED MESSAGE-----