Medtronic Starts Planned Portfolio Simplification With DaVita Renal Care Spin Off

The new independent kidney-care company will be equally co-owned by both companies. It will include all of Medtronic’s renal care solutions business, including renal access, acute therapies, and chronic therapies.

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Medtronic is spinning off its renal care solutions business into a new company that will be co-owned by DaVita, one of the largest providers of dialysis and kidney-care services in the US.

Medtronic’s renal care solutions business includes its current product portfolio of renal access, acute therapy, and chronic therapy devices, including...

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