Company Overview

Business Description

Sector
Health Care
Industry
Health Care
Headquarters
United States of America US
Employees
20 000
IPO date
Mar 26, 2024

Solventum makes products that help hospitals, dentists, and other healthcare providers prevent infection, treat wounds, and manage patient care. Its portfolio includes medical dressings and wound care products, surgical supplies, oral care and dental materials, and software and tools that help providers document and bill patient care. It also sells filtration and purification products used in healthcare and industrial settings.

Its main customers are hospitals, clinics, dental offices, and healthcare systems, along with some manufacturers that need clean-air and fluid filtration products. Solventum makes money mainly by selling physical products and recurring consumables, plus software and related services tied to its health information systems business. A lot of its sales come from products that are used every day and need to be replenished regularly.

What makes Solventum different is that it sits in the middle of healthcare operations rather than the patient-facing end of care. Many of its products are designed to be used by clinicians during treatment or by administrators handling the paperwork and billing behind the scenes. That gives the company a mix of regulated medical products and workflow tools, with demand tied to long-term healthcare needs rather than one-time purchases.

Solventum Corp Investor Relations

Address
C/O 3M Company, 3M Center, Building 275-6W-02
St. Paul, Minnesota
United States of America

Business Segments

Medical surgical

Makes products used in hospitals and other care settings to protect wounds, close incisions, secure dressings, and help clinicians manage patients during surgery and recovery.

Customers and revenue model

Dental solutions

Provides materials and equipment dentists use for restorative work, orthodontics, impression taking, and infection control.

Customers and revenue model

Health information systems

Description, customers and revenue model

Purification and filtration

Description, customers and revenue model

Management

Mr. Bryan C. Hanson

CEO & Director

Biography unavailable

Mr. Wayde D. McMillan

Chief Financial Officer

Biography unavailable

Ms. Mary T. Wilcox

Senior VP, Controller & Chief Accounting Officer

Biography unavailable

Ms. Amy Landucci

Chief Information & Digital Officer

Biography unavailable

Ms. Marcela A. Kirberger

Chief Legal Affairs Officer & Corporate Secretary

Biography unavailable

Mr. Sanjiv Arora

Chief Strategy & Corporate Development Officer

Biography unavailable

Ms. Tammy L. Gomez

Chief Human Resources Officer

Biography unavailable

Mr. Paul S. Harrington

Chief Supply Chain Officer

Biography unavailable

Mr. Karim Mansour

President of Dental Solutions

Biography unavailable

Ms. Garri Garrison

President of Health Information Systems

Biography unavailable

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