Solventum Corporation is an American health care company that was spun off from 3M on April 1, 2024.
History
Spin-off
On July 26, 2022, 3M announced that it would spin off its healthcare division as a separate company to streamline operations. 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]