With the spinout of Kimberly-Clark's (NYSE:KMB) former K-C Health Care medical device division slated for Nov. 1, MassDevice.com sat down with Chris Lowery, the Kimberly-Clark executive who's in line to become the COO of the new company, Halyard Health.
Alpharetta, Ga.-based Halyard, which threw off $1.6 billion in sales last year as K-C Health Care, does about 30% of its business in medical devices and the rest in surgical and infection-prevention products. Lowery, who's vice president of sales and marketing for K-C Health Care until the spinout goes live, told us that Halyard is well-positioned to take advantage of the new healthcare landscape's focus on cost reduction and outcomes.
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