Becton Dickinson and Company (BDX) has completed a strategic spin-off of its Biosciences and Diagnostic Solutions business, creating Augusta SpinCo Corporation in collaboration with Waters Corporation and valued at $4 billion. The company reported revenues of $5,252 million and net income of $382 million for Q4 2025, despite ongoing pricing and demand challenges. Following this divestiture, BDX plans to use the proceeds for debt reduction and share repurchases while reorganizing into five global business segments to enhance operational focus.