New Healthcare Technology from 3M - Analyst Blog

By Zacks Equity Research,

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In order to provide better patient care, diversified technology conglomerate 3M Company ( MMM ) recently introduced a digital technology named  3M True Definition scanner for orthodontic practice. This new technology aims to provide improved digital impressions for analysis and treatment planning, thereby improving the overall oral care of patients.

The new 3M True Definition scanner is an innovative technology, which along with Unitek Treatment Management Portal (TMP), allows a full digital workflow for the Incognito appliance system offering precise, 3D setup review, model overlay capabilities and advanced communications and messaging. It is a light weight scanner with HP workstation and a high-performance central processing unit.

This scanner is very accurate with greater flexibility compared to other products available in the market. The powerful 3D-in-motion video technology delivers in-depth full arch scanning that facilitates easier treatment planning and analysis for the user to enable quality treatment. The new product is expected to augment its health care segment revenues. In the last reported quarter, 3M's Health Care segment sales climbed 2.8% to $1.3 billion, aided by positive growth in all major geographic regions.

3M together with its subsidiaries operates as a diversified technology company with manufacturing operations spread over 70 countries worldwide. It has more than 35 business units organized into five business segments: Industrial, Safety and Graphics, Electronics and Energy, Health Care, and Consumer

3M currently has a Zacks Rank #4 (Sell). Other stocks that look promising and are worth a look now are Honeywell International Inc ( HON ), Macquarie Infrastructure Company LLC ( MIC ) and Crane Co ( CR ), each having a Zacks Rank #2 (Buy).

CRANE CO (CR): Free Stock Analysis Report

HONEYWELL INTL (HON): Free Stock Analysis Report

MACQUARIE INFRA (MIC): Free Stock Analysis Report

3M CO (MMM): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Business , Stocks
Referenced Stocks: CR , HON , MIC , MMM , TMP

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