3M to Buy IV Product Company

3M said Thursday that it is acquiring Ivera Medical for an undisclosed sum. The San Diego, Calif., company makes healthcare products that disinfect and protect devices used to access a patient’s bloodstream.

Ivera’s Curos intravenous port connector caps disinfect and then cover needleless valves to prevent contamination between venous accesses, according to 3M. They can be used with existing 3M products such as the Tegaderm CHG I.V. Securement Dressing, which delivers antimicrobial protection to an IV site.

3M said the deal will enhance its vascular access product offerings and allow it to provide solutions that improve patient health outcomes. For example, Curos products may help protect hospital patients from catheter-related bloodstream infections, 3M noted. 

3M expects the transition to be revenue-neutral. — Elizabeth Orr