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Kimberly-Clark Set To Spin-Off Medical Biz With Device, Infection-Prevention Focus

The new company, set to launch on Nov. 1 as Halyard Health, will focus on products intended to stop hospital acquired infections as well as pain, respiratory, and digestive health devices.

Kimberly-Clark Corp. is set to spin off its health care business by Nov. 1 as Halyard Health, a stand-alone, publicly traded company making infection prevention products for hospitals, as well as devices for pain and hospital respiratory and feeding technologies.

Executives hope the move will allow the health care unit to pursue a strategy more focused on growing a medical...

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