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Kinetic Concepts, Inc., (KCI) is a global corporation that produces medical technology related to wounds and wound healing. KCI produced the first product developed specifically for negative pressure wound therapy. In 2013, the company employed 5,000 people and marketed its products in more than 25 countries. [2] Its headquarters is in San ...
The new company would assume 3M's business in wound and oral care, health informatics, and biopharmaceutical filtration. [2] The sales of products in these fields accounted for about a quarter of 3M's total sales in 2021. [3] CEO Mike Roman said that the split would "position 3M for the future, to create more opportunity and greater certainty". [4]
As of 2019, 3M produces approximately 60,000 products, [71] and has four business groups focused on safety and industrial, transportation and electronics, health care, and consumer products. [72] 3M obtained its first patent in 1924 and acquires approximately 3,000 new patents annually. The company surpassed the 100,000-patent threshold in 2014.
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3M disclosed plans to spin off its healthcare business into a listed company last year, in which the U.S. industrial giant would retain a 19.9% stake. The plan came amid litigations from military ...
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