3M Corp Stock Price, News & Analysis

3M (NYSE:MMM) announced a sustainability goal on Earth Day, aiming to reduce its reliance on new plastic made from petroleum by 125 million pounds by 2025. This initiative focuses on innovation in product and packaging design, utilizing recycled materials, and bio-based plastics. The Scotch-Brite® Greener Clean Non-Scratch Scrubber exemplifies these efforts, made with 75% post-consumer recycled plastic. The company emphasizes the importance of transitioning toward a circular economy, collaborating with various stakeholders to drive sustainable practices.

3M Food Safety has secured a contract from the U.S. Department of Agriculture Food Safety and Inspection Service to use its 3M™ Molecular Detection System for detecting Campylobacter in poultry. This makes the 3M system the primary detection method for Campylobacter, complementing its previously established role for Salmonella and Listeria monocytogenes. The system allows for efficient testing, enabling up to 96 tests in a single run, thus enhancing food safety standards in poultry processing.

3M, in partnership with the University of Texas at Austin and Nobel Prize Outreach, announced the Nobel Prize Inspiration Initiative (NPII) virtual event on April 21-22, 2021, aimed at inspiring future innovators. This free event will feature three Nobel Laureates: Elizabeth Blackburn, Andrew Fire, and Robert Grubbs, and is open to the public, including students from the Austin Independent School District. The initiative, which has been ongoing since 2016, emphasizes the importance of science in addressing global challenges and enhancing educational opportunities for students.

3M (NYSE: MMM) announced an investor event scheduled for April 27, 2021, at 8 a.m. CDT. This event will feature the first-quarter 2021 earnings conference call, accessible via 800-762-2596 in the U.S. and +1-212-231-2916 internationally. A live webcast will be available, with a replay on 3M's Investor Relations website. For more information on 3M's innovative solutions, visit www.3M.com.

3M has launched the 2484 Hi-Tack Silicone Adhesive, designed for medical devices catering to individuals with fragile skin, such as the elderly and patients with chronic diseases. This adhesive is breathable, conforms well, and allows for a wear time of up to seven days while minimizing skin cell removal. It is the second product in the Hi-Tack Silicone Adhesive Portfolio, following the introduction of the 2480 adhesive. This launch highlights 3M's commitment to enhancing patient safety and device reliability in the medical sector.

3M Health Information Systems has launched the 3M™ Social Determinants of Health Analytics platform, integrating clinical, social, and population health data to assist healthcare providers in managing high-risk patients. By leveraging 3M™ Clinical Risk Groups and partnering with Socially Determined, the platform aims to enhance understanding of social risk factors affecting health outcomes. Following successful pilots, organizations like Community Care Plan in Florida are developing strategies to reduce avoidable emergency visits, highlighting the platform's potential in improving health equity amid ongoing challenges from COVID-19.

Michigan Medicine partnered with 3M to implement a suite of AI-powered clinician and revenue cycle solutions across its health system, which includes three hospitals and 125 outpatient clinics. This integration aims to reduce administrative burdens on clinicians, improve clinical documentation, and enhance revenue cycle efficiency. The project features technologies like 3M™ M*Modal Fluency Direct and the 3M™ 360 Encompass™ System, helping to generate actionable data for better patient care.

3M has announced a partnership between its Post-it® App and Miro, enhancing remote collaboration tools. This integration allows users to export notes from the Post-it® App directly into Miro, fostering real-time collaboration on an infinite canvas. As remote work grows, this innovation helps teams capture and share ideas quickly, cutting down on transcription time. The Post-it® App can digitize up to 200 notes at once and is compatible with various note sizes. Users can download the app from multiple platforms, increasing accessibility for teams worldwide.

Wrapmate has launched a groundbreaking eCommerce platform for vehicle graphics, enabling customers to receive transparent pricing for their projects in real-time. This patent-pending technology simplifies the purchasing process, allowing users to visualize their designs and adjust project costs instantly. With a three-year collaboration with 3M, the platform connects customers with certified installers, enhancing marketability within the vehicle graphics industry. Wrapmate aims to transform customer experience by offering a one-stop solution for design, printing, and installation.