Becton, Dickinson and Co. spent $120,000 lobbying Congress in the fourth quarter, according to a recent disclosure report. Becton, Dickinson and Co trades on the “New York Stock Exchange” under the stock symbol “BDX”. For More information regarding “BDX”, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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Medical device and Supply Company Becton, Dickinson and Co. spent $120,000 lobbying Congress in the fourth quarter, according to a recent disclosure report.
The Franklin Lakes, New Jersey based Company lobbied on the healthcare overhaul that was passed by Congress and signed into law last month.
One provision of the bill will force medical device makers to pay between $2 billion and $3 billion in fees per year to help pay for expanding health care coverage. While industry executives have complained about the fees, Democratic lawmakers say that device companies will benefit from the overhaul as more patients will be able to get their products.
Becton Dickinson also lobbied on legislation aimed at preventing health care-related infections, which are caused by the spread of bacteria in hospitals and doctor's offices.
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