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[5] 3M itself sold its food safety business to Neogen in September 2022. [2] On January 24, 2023, the health care business was registered as a corporation in Delaware under the provisional name "3M Health Care Co.". [7] On November 16, 2023, 3M unveiled that the new company would be called Solventum, a portmanteau of the words "solving" and ...
The healthcare unit, which focuses on wound care, oral care and healthcare technology, reported about $8.4 billion in sales in 2022. 3M had said in August that Bryan Hanson would be the chief ...
Minnesota's newest public company will make its debut April 1, nearly two years after 3M first announced it would spin off its health care business. Solventum, the spinoff's name, will employ more ...
The facility manufactures more than 1,700 health care products and employs 1,100 people, as of 2018, making the plant 3M's largest focused on health care. [132] Mask production at the site increased during the 2009 swine flu pandemic , 2002–2004 SARS outbreak , 2018 California wildfires , 2019–20 Australian bushfire season , and COVID-19 ...
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Investors can buy shares of a company that benefits from the growth of health care but isn't exclusively in health care itself. 3M is a great example. The. Not every health care investment is a ...