BD acquires the medical business assets of CUBEX LLC

Nov. 12, 2020

Becton, Dickinson and Company (BD) announced it has acquired the Medical Business assets of CUBEX LLC, which is a privately held company that develops cloud-based software offerings for advanced medication management.

This acquisition expands the company's medication management offerings into the care continuum space and provides deeper integration with electronic health records (EHRs).

"This strategic acquisition brings together our industry leading BD Pyxis Automated Dispensing Cabinets with the Medical Business of CUBEX's MedBank cloud-based software and analytics platform to help enable patient centered care beyond the acute care setting," said Mike Garrison, worldwide president of Medication Management Solutions at BD. "We are committed to improving and connecting the medication management process across health care settings, and this acquisition allows us to help address the unique needs care continuum facilities face, from minimizing medication diversion to improving inventory management."

The Medical Business of CUBEX's key offering is a cloud-based software that supports decentralized medication management and provides unique features specialized for pharmacists and nurses across the care continuum. BD previously worked under a commercial distribution relationship with CUBEX.

BD has the release.