3/26/03 7:59 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--The United States Court of Appeals for the Third Circuit ruled against
3M yesterday in a federal antitrust claim brought in 1997 by LePage's
Inc., a transparent tape competitor of 3M. 3M intends to petition the
United States Supreme Court to review the Third Circuit's ruling.
LePage's claim focused on specific rebate programs involving transparent
tape and other products. 3M discontinued such programs more than three
3/21/03 10:48 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M Health Care now offers the only surgical clipper on the market with a
fixed disposable blade assembly that can be operated by either
rechargeable battery or electrical cord. The company will introduce the
new product at the Association of periOperative Registered Nurses (AORN)
conference next week in Chicago, Ill.
The versatile 3M surgical clipper is the first surgical clipper for full
body and head hair removal that offersmore...
3/18/03 10:32 am CST
AUSTIN, Texas--(BUSINESS WIRE)--"Electrical Performance Advantages of Ultrathin Dielectric Materials
Used for Power-Ground Cores in High-Speed, Multilayer Printed Circuit
Boards" will be presented at IPC Printed Circuits Expo 2003 by Joel
Peiffer, engineering specialist with the 3M Organic Materials Technology
Center. Peiffer co-authored the paper with Bob Greenlee of Merix Corp.
and Istvan Novak of Sun Microsystems. The electrical performance
improvements, as well as themore...
3/3/03 8:51 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M Automotive Division's 3M solar reflecting film was named one of the
winners of the 2003 PACE Award. The announcement was made last night
(March 2) during a banquet at the Detroit Opera House.
The PACE -- Premier Automotive Suppliers' Contributions to Excellence --
Award is co-sponsored by Cap Gemini Ernst & Young and the Automotive
News. Twenty-two finalists and their guests attended the awards banquet
to learn who among themmore...
3/3/03 8:04 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced positive clinical results in pivotal Phase III
studies of Aldara (imiquimod) Cream, 5%, an immune response modifier
(IRM), for multiple actinic keratoses (AK) and superficial basal cell
carcinoma (sBCC). These potentially serious skin conditions are a direct
result of cumulative sun exposure.
In the AK trials, the median percent reduction in the number of AK
lesions counted at baseline was 83 percent in the Aldaramore...
2/25/03 1:59 pm CST
SALT LAKE CITY--(BUSINESS WIRE)--3M Health Information Systems Division and Premier Inc. today announced
a strategic agreement to market 3M's DRG Assurance consulting,
assessment and documentation improvement services in conjunction with
Premier's Perspective Online, the healthcare industry's most
comprehensive and scalable comparative provider performance database.
These product solutions for improving clinical performance will be
offered to Premier's nationwide alliance ofmore...
2/24/03 6:21 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--Following today's joint announcement by Eli Lilly and Company and 3M to
suspend clinical trials of resiquimod, an investigational Immune
Response Modifier (IRM) compound for the treatment of genital herpes, 3M
said it will continue to support Lilly in evaluating the molecule for
"We are working closely with Lilly to understand the relationship
between the Phase III trial results and the more positive results seenmore...
2/11/03 3:30 pm CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that 3M Innovative Properties Co. and 3M Korea, both
wholly owned subsidiaries, have filed a patent infringement suit in
Korean Seoul District Court seeking a preliminary injunction against
Shinwa Opla. The suit alleges that Shinwa's activities in Korea relating
to distribution of an optical film produced by Taiwan-based E-Fun, and
intended for use in liquid crystal displays, constitutes infringement of
2/10/03 5:14 pm CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) today announced it will increase its quarterly dividend on
3M common stock by 4 cents per share, or 6.5 percent, to 66 cents per
share. At this time last year, the company increased the quarterly
dividend by 2 cents per share, or 3.3 percent. The dividend is payable
March 12 to shareholders of record on Feb. 21.
"3M has a long history of offering shareholders an attractive return on
their investment," said W. Jamesmore...
1/31/03 3:26 pm CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it will participate in the following upcoming
Lehman Brothers 20th Annual Industrial Select ConferenceFeb. 5,
2003, Miami, Fla.8 a.m. Eastern timePatrick D. Campbell,
senior vice president and chief financial officer
Morgan Stanley Global Chemical ConferenceFeb. 12, 2003, New York,
N.Y.Noon Eastern timeW. James McNerney, chairman of the
board and chief executive officermore...