MCK · News · 20260807N

Medical-Surgical Separation

MCKESSON CORP · 2026-08-07 · Importance 58 · Surprise 68

McKesson Medical-Surgical Solutions is being separated into an independent business named Wellverse, with formal operation under the new name planned for January 2027. The business had fiscal Q1 2027 revenue of $2.8 billion, up 4% year over year. McKesson established a $2.25 billion Term Loan B facility to support the separation and previously sold a $1.25 billion minority interest to Apollo Funds. Wellverse is targeting a publicly traded-company IPO in the second half or late 2027, subject to market conditions and regulatory approvals.

Key facts

• McKesson's Medical-Surgical Solutions business will formally operate as Wellverse starting in January 2027. source
• McKesson reported Q1 fiscal year 2027 Medical-Surgical Solutions (MMS) revenues of $2.8 billion, a 4% year-over-year increase. source