3M divides health, oral care division into new business

By DrBicuspid.com staff writers

July 28, 2022 -- Minnesota-based manufacturer 3M announced that it will separate its healthcare division, which includes oral care, into a separate spinoff business.

Its new standalone healthcare business will focus on oral care, wound care, healthcare information technology, and biopharma filtration. The tax-free transaction is expected to close by the end of 2023. 3M's healthcare sector generated approximately $8.6 billion in sales in 2021, according to the company.


Copyright © 2022 DrBicuspid.com
 

To read this and get access to all of the exclusive content on DrBicuspid.com create a free account or sign-in now.

Member Sign In:
MemberID or email address:  
Do you have a DrBicuspid.com password?
No, I want a free membership.
Yes, I have a password:  
Forgot your password?
Sign in using your social networking account:
Sign in using your social networking
account: