BD takes over MedKeeper to provide cloud-based connected software

BD (Becton, Dickinson and Company), a medical technology leader, has reportedly announced the acquisition of MedKeeper, a modern cloud-based pharmacy management applications provider.

Through this acquisition, BD will include the technology created by Medkeeper into its current offering of connected medication management capabilities.

The companies will also collaborate by combining MedKeeper’s platform with technological expertise offered by BD, in an attempt to optimize the preparation of compounded pharmaceuticals, a vital need in the pharmacy today.

Furthermore, BD and MedKeeper will partner to provide customers with the flexibility and capabilities needed to meet industry standards for compounding medications by incorporating latest regulatory guidance. The businesses are dedicated to providing each client a workflow solution that works best with their environment and benefits their frontline medical staff.

It has been reported that MedKeeper strategically supports BD’s current pharmacy presence. It has invented solutions for compounding, logistics workflow, managing regulated substances, and optimizing inventories.

Commenting on the latest acquisition, BD’s Worldwide President of Medication Management Solutions, Mike Garrison stated that by adding MedKeeper to company’s portfolio, BD will offer convenient, custom solutions to make significant progress in IV workflow management.

For IV workflow management system, many pharmacies are now using a combination of manual and technical tools.

As per credible reports, the collaboration of MedKeeper and BD’s Medication Management Solutions portfolio will increase the company’s capacity to deliver solutions that best meet the customer’s need, both now and in the future.

According to Garrison, today’s pharmacy demands, such as COVID-related labor shortages and changing regulatory requirements, have aggravated the needs for customizable pharmacy software solutions to support flexible, directed workflow, stock control, and reporting needs in sterile and non-sterile compounding.

Moreover, manual, time-consuming processes that were once deemed “good enough” can now be replaced and supplemented by software, allowing pharmacists to provide a higher level of care.

For the record, the transaction deal is expected to have no impact on BD’s financial results in fiscal 2022.

Source- BD Acquires MedKeeper to Offer Cloud-based, Connected Pharmacy Software (prnewswire.com)

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