BD partners with Henry Ford Health to automate pharmacy services

FRANKLIN LAKES, N.J. - BD (Becton, Dickinson and Company) (NYSE:BDX), a prominent player in the Healthcare Equipment & Supplies industry with a market capitalization of $53.6 billion, announced Monday a partnership with Henry Ford Health to implement pharmacy automation technology that will allow patients to pick up prescriptions 24 hours a day, seven days a week.

The collaboration will deploy the BD Rowa Vmax, a robotic storage and dispensing system, at Henry Ford Health’s hospital-based community pharmacies in Southeast and Central Michigan. The technology, already widely used across Europe, automates medication storage and retrieval processes. According to InvestingPro data, BD has demonstrated solid financial performance with annual revenue of $21.4 billion and healthy revenue growth of 7.9% over the last twelve months.

According to a press release statement, the partnership aims to enhance prescription access while allowing pharmacy staff to focus on patient care rather than routine dispensing tasks. The automated system will store and dispense medications, including refrigerated items, supplies, and over-the-counter products.

"By introducing this automation, we free our teams to focus on high-impact, patient-centered work," said Jennifer Tryon, chief pharmacy officer at Henry Ford Health.

The robotic system is designed to provide real-time prescription tracking and modular scalability to accommodate growing medication inventories. Henry Ford Health plans to ensure patients can leave with medications in hand after hospital discharge or clinic visits.

Chad Glover, vice president and general manager of Pharmacy Automation at BD, noted that the companies are exploring additional applications for automated pharmacy solutions beyond this initial implementation.

BD employs more than 70,000 people globally and develops medical technology, services and solutions for healthcare providers. The company maintains a strong financial position with an overall "GOOD" health score from InvestingPro, which offers comprehensive analysis through its Pro Research Report, available for over 1,400 US stocks. Henry Ford Health operates multiple hospitals and medical centers throughout Michigan.

In other recent news, Becton Dickinson reported strong financial results for its fiscal third quarter of 2025, surpassing market expectations. The company achieved quarterly revenue of $5.5 billion, slightly above the projected $5.49 billion, marking a 3% organic year-over-year growth. Earnings per share were reported at $3.68, significantly exceeding the consensus estimate of $3.40, resulting in an 8.24% earnings surprise. Following these results, Piper Sandler raised its price target for Becton Dickinson stock to $200 from $185, while maintaining a Neutral rating. These developments highlight the company’s strong performance and strategic initiatives that have bolstered investor confidence.

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