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Podcast: BD’s Polen Pursues ‘True North’ Path To High-Value Growth

With 17 M&A successes to date, BD CEO pledges to build and simplify

 
• By Ashley Yeo

In this Medtech Insight special podcast recorded in June, BD’s chief executive since January 2020, Tom Polen, describes how he has built on the legacy of his predecessor to ensure the $20bn company he now heads can grow sustainably to meet the changing demands of the health care market and the modern challenges medtech managers must face.

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BD – Becton, Dickinson and Company ̶ is two years into its BD2025 strategy, a plan to refocus the company on high-value growth areas while also simplifying its structure. This has among other things meant the selective acquisition of assets and the disposal of products, product lines of entire businesses that no longer fit the criteria set out in the strategy.

The company’s 17 M&A tuck-ins under CEO Tom Polen’s tenure and long-trailed spin-off of diabetes care in spring 2022 are the most readily visible embodiments of the strategy, which is...

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