By Matt Grossman

 

Becton, Dickinson and Co. has acquired GSL Solutions Inc., a privately held company that makes devices to securely store medication.

The addition of GSL, headquartered in Vancouver, Wash., will expand Becton Dickinson's offerings to retail pharmacies, with storage that facilities can use to store controlled substances and comply with relevant regulations. GSL makes computerized lockers and cabinets that restrict access to controlled substances and automatically log user activity to comply with laws and regulations.

Franklin Lakes, N.J.-based Becton Dickinson didn't disclose the terms of the deal.

GSL has about 20 full-time employees, Becton Dickinson said.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

March 04, 2021 07:28 ET (12:28 GMT)

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