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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 ...
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 ...
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]
In 2008, 3M created the Renewable Energy Division within 3M's Industrial and Transportation Business to focus on Energy Generation and Energy Management. [ 87 ] [ 88 ] In late 2010, the state of Minnesota sued 3M for $5 billion in punitive damages, claiming they released PFCs —classified a toxic chemical by the EPA—into local waterways. [ 89 ]
(Reuters) -3M, the biggest U.S. producer of N95 masks, warned on Tuesday that surging raw material and freight costs would impact its annual profit, dampening upbeat quarterly results and sending ...
The Bair Hugger was produced by Arizant, previously known as Augustine Medicine. Augustine resigned from Arizant in 2002, and Arizant was bought by 3M in 2009. [5] Augustine later invented a different type of patient-warming device and formed a separate company to sell his competing device. [4] The Bair Hugger system received FDA clearance in ...
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