BD to purchase pharmacy automation firm Parata Systems

BD (Becton, Dickinson and Company) (NYSE:BDX) has partnered with the private equity firm Frazier Healthcare Partners to acquire Parata Systems, a provider of pharmacy automation solutions. The purchase price of the acquisition is $1.525 billion.

Founded in 2006, Parata Systems offers a range of products and services, including medication adherence packaging technology and perpetual inventory management.

The Durham, North Carolina–based company has positioned its automation technology and software as a means to enable pharmacists to focus more on clinical work and patient interactions.

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