Why Becton, Dickinson and Company Stock Is Trading Lower
Portfolio Pulse from Henry Khederian
Becton Dickinson and Co (BDX) shares are trading lower after the FDA established a Digital Health Advisory Committee. The committee is dedicated to tackling challenges within the realm of digital health technologies, including AI, augmented reality, and wearable devices. The increased regulation could slow down the pace of innovation or make it more challenging for companies to bring new digital health products to market, which could negatively affect companies like BDX.

October 11, 2023 | 7:52 pm
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The establishment of the FDA's Digital Health Advisory Committee could potentially slow down the pace of innovation and make it more challenging for Becton Dickinson to bring new digital health products to market, negatively affecting its stock.
The FDA's new committee is set to increase regulation in the digital health sector. This could slow down the pace of innovation and make it more challenging for companies like Becton Dickinson to bring new products to market. As a result, investor confidence in the company could decrease, leading to a drop in its stock price.
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