Becton Dickinson Plans Life Sciences Segment Separation

  • Company working with advisers as it seeks to boost stock price
  • Becton could announce plans with its earnings this week
Becton Dickinson & Co. tube samples at a test site.Photographer: Patrick T. Fallon/Bloomberg
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Medical device maker Becton Dickinson & Co. is considering a potential separation of its life sciences segment, which could be valued at about $30 billion, according to people familiar with the matter.

Becton is working with advisers to study a possible separation of the division as it seeks to boost its stock price, the people said, asking not to be identified because the information is confidential.