© Reuters. The 3M logo is seen at its global headquarters in Maplewood, Minnesota, U.S. on March 4, 2020. The company has been contracted by the U.S. government to produce extra masks in response to the country's novel coronavirus outbreak. Picture taken March 4, 20 -Insulet Corp said on Tuesday Wayde McMillan would step down as the medical device maker's chief financial officer, effective Oct. 20, to join 3M's healthcare business.
3M expects to complete the planned spinoff, which it disclosed last year, by the end of 2023.) on Tuesday also reaffirmed its annual forecast for sales of its insulin pumps and total revenue. The company in August had raised its revenue growth forecast to 22% to 25%, and outlook for total sales growth of its insulin delivery devices, Omnipod, to 25% to 28%.
Shares of Insulet were up 1.4% in extended trading.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Use standard writing style.
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