West Pharmaceutical gets new contract with largest customer

By Ted A. Knutson

Washington, Jan. 19 - West Pharmaceutical Services Inc. said it entered into a supply contract on Jan. 13 with Becton, Dickinson and Co.

Becton, Dickinson is West's largest customer, accounting for about 11% of West's 2004 consolidated net sales.

The contact replaces a similar earlier agreement.

The supply agreement covers all of West's products being sold to Becton, Dickinson, including Hemogar stoppers for use in Becton, Dickinson's blood-collection systems, elastomer components for Becton, Dickinson's prefilled syringes and plungers for Becton, Dickinson's disposable syringes, all made from West's formulations in a variety of colors, sizes and configurations.

Under the supply agreement, Becton, Dickinson has agreed to purchase 100% of its requirements for certain Hemogard stoppers and minimum annual quantities of certain other sizes.

West Pharmaceutical Services, based in Lionville, Pa., is a manufacturer of components and systems for injectable drug delivery.

The announcement was made in an 8-K filing with the Securities and Exchange Commission.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.