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Solventum

Saint Paul, Minnesota, USA
VISIT WEBSITE
Solventum is a global healthcare company that was spun off from 3M on April 1, 2024. The company focuses on developing, manufacturing, and commercializing solutions that leverage material science, data science, and digital capabilities to improve patient outcomes and healthcare efficiency. Solventum operates across four primary segments: Medical Surgical (wound therapy, surgical supplies, stethoscopes), Dental Solutions (orthodontics, restorative materials), Health Information Systems (software for clinical documentation, coding, and analytics), and Purification & Filtration (biopharmaceutical and industrial filtration). The company is committed to enabling better, smarter, and safer healthcare.
CLASSIFICATION
Company Type:MedTech
Therapeutic Areas:-
Industry:Medical Devices
Sub-Industry:Healthcare Technology
SIZE & FINANCIALS
Employees:10000+
Revenue:$8B-$9B
Founded:2023
Ownership:public
Status:operating
STOCK
Exchange:NYSE
Ticker:SOLV
Market Cap:$12.2B
PIPELINE
Stage:Commercial
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Key Partnerships:3M (Supply agreements and legacy technology transition)
COMPETITION
Position:Leader
Competitors:UnitedHealth Group, Various medical device and healthcare IT companies
LEADERSHIP
Key Executives:
Bryan Hanson - CEO
LINKS
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