BD board approves Embecta diabetes business spinoff


BD announced in May 2021 that it intended to spin off its diabetes care business as an independent, publicly-traded company during the first half of 2022, and in December 2021, it unveiled the name of the new business as “Embecta.”

BD’s board approved the Embecta spinoff last month, concluding that the separation of the diabetes business from the rest of BD is consistent with the company’s growth strategy and enhances the ability of Embecta to attract capital investment, recruit talent and allocate resources (Source: Drug Delivery Business News).

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