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3M itself sold its food safety business to Neogen in September 2022. On January 24, 2023, the health care business was registered as a corporation in Delaware under the provisional name "3M Health Care Co.". On November 16, 2023, 3M unveiled that the new company would be called Solventum, a portmanteau of the words "solving" and "momentum".
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 ...
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 ...
3M expects to complete the planned spinoff, which it disclosed last year, by the end of 2023. The unit focuses on wound care, oral care and healthcare technology.
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. 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 pandemic .
Nexcare. Nexcare is 3M 's personal health care brand. The brand competes with Johnson & Johnson 's Band-Aid brand in the adhesive bandage and first aid market. [1] [2] The brand also sells similar products such as bandages, gauze, surgical tape, cold sore treatment and liquid bandage products. The brand has used a mascot called "Nexcare Nana ...
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