SOLV
NYSE · Healthcare · Medical - Care Facilities · US
Solventum Corporation (NYSE:SOLV) is a healthcare company that was spun off from 3M Company in April 2024, making it one of the newest publicly traded companies in the medical technology sector. The company was incorporated in 2023 as part of 3M's strategic decision to separate its healthcare business, allowing it to operate as an independent entity focused exclusively on medical solutions. Headquartered in Saint Paul, Minnesota, Solventum has inherited decades of healthcare innovation and manufacturing expertise from its former parent company. The company is currently undergoing a comprehensive three-phase transformation strategy to establish its independent identity, optimize its operations, and position itself for long-term growth in the global healthcare market.