cr bard inc (BCR:New York)
cr bard inc (BCR) Snapshot
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Open
$111.77
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Previous Close
$111.80
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Day High
$112.36
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Day Low
$110.41
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52 Week High
06/19/13 - $112.36
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52 Week Low
08/2/12 - $93.69
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Market Cap
8.9B
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Average Volume 10 Days
639.3K
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EPS TTM
$6.41
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Shares Outstanding
80.5M
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EX-Date
07/18/13
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P/E TM
17.3x
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Dividend
$0.84
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Dividend Yield
0.72%
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Related News
cr bard inc (BCR) Related Businessweek News
No Related Businessweek News Foundcr bard inc (BCR) Details
C. R. Bard, Inc. designs, manufactures, packages, distributes, and sells medical, surgical, diagnostic, and patient care devices worldwide. The company offers vascular products, such as percutaneous transluminal angioplasty catheters, chronic total occlusions catheters, guidewires, fabrics, meshes, introducers, and accessories; peripheral vascular stents, covered stents, and vascular grafts; vena cava filters; biopsy devices; electrophysiology products; and drug coated balloon devices to treat peripheral vascular disease and heart arrhythmias. Its urology products comprise Foley catheters to reduce the rate of urinary tract infections; surgical slings to treat stress urinary incontinence; fecal incontinence products; natural and synthetic devices to treat pelvic floor and vaginal prolapse; brachytherapy services, devices, and radioactive seeds to treat prostate cancer; intermittent urinary drainage catheters, and urine monitoring and collection systems; ureteral stents; specialty devices for stone removal; catheter stabilization devices; and products for therapeutic hypothermia. The company also provides oncology products, such as specialty vascular access catheters and ports, vascular access ultrasound devices, dialysis access catheters, and enteral feeding devices to treat and manage various cancers, and other diseases and disorders. Its surgical specialty products include soft tissue repair products, such as hernia repair grafts and hernia fixation devices; surgical sealants for intraoperative sealing of air leaks in thoracic surgery; and other products, such as irrigation, wound drainage, and original equipment manufacturers’ products. The company sells its products to hospitals, individual healthcare professionals, extended care facilities, and alternate site facilities directly, as well as through hospital/surgical supply and other medical specialty distributors. C. R. Bard, Inc. was founded in 1907 and is headquartered in Murray Hill, New Jersey.
cr bard inc (BCR) Top Compensated Officers
cr bard inc (BCR) Key Developments
The Board of Directors of CR Bard Inc. increased the quarterly dividend on Bard's common stock by 5%, to 21 cents per share. The dividend is payable on August 2, 2013 to shareholders of record at the close of business on July 22, 2013.
Thousands of transvaginal mesh lawsuit claims filed against American Medical Systems, Inc., CR Bard Inc., Ethicon, Inc. and Boston Scientific Corp. continue to move forward in the federal litigations now underway in U.S. District Court, Southern District of West Virginia, Bernstein Liebhard LLP reports. According to a Pretrial Order dated May 29th, 2013, the Court recently issued revised Short Form and Amended Short Form Complaints, which must be used by parties filing new cases or amended complaints in the litigations as of June 5th, 2013. According to court records, the next joint Status Conference in the federal vaginal mesh litigations has been scheduled for August 1st, 2013.
CR Bard Inc. has agreed to pay the federal government $48.2 million to settle a whistleblower lawsuit that alleges its urological division and wholly owned subsidiary, ProSeed Inc., paid doctors and hospitals kickbacks to entice them to order Bard's products at inflated prices to treat Medicare patients with prostate cancer. Bard and ProSeed, based in Covington, Georgia, sold radioactive seeds used for brachytherapy, a treatment for prostate cancer. The seeds are permanently implanted in the prostate to deliver a prescribed dose of radiation directly to the cancer cells. The qui tam lawsuit alleged that from 1998 to 2006 Bard inflated the costs of the seeds sold to treat Medicare patients, using a portion of its excess profits to pay for kickbacks. By paying kickbacks, Bard caused false and inflated claims to be submitted to Medicare, which is a violation of the False Claims Act.

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Industry Analysis
BCR
Industry Average
| Valuation | BCR | Industry Range |
| Price/Earnings | 19.8x |
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| Price/Sales | 3.1x |
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| Price/Book | 4.7x |
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| Price/Cash Flow | 18.7x |
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| TEV/Sales | 2.3x |
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Post a JobJobs
- Covington, GA | C. R. BardPosted: Jun 16
- Tempe, AZ | CR BardPosted: May 31
- Murray Hill, NJ | CR BardPosted: Jun 15
- Tempe, AZ | CR BardPosted: Jun 15
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