Connect with us

Headlines

Bausch Might Sell Eyecare Business, Bloomberg Reports

The Bausch + Lomb brand sells products such as contact lenses and surgical devices.

mm

Published

on

Bausch Health is considering selling its eyecare business, according to a news report.

The Bausch + Lomb brand sells products such as contact lenses and surgical devices. Private equity units and other potential buyers have shown interest in the unit, Bloomberg reports, citing unnamed sources.

There’s no final decision yet. Other options under consideration include holding on to the business or spinning it off, according to Bloomberg.

A Bausch Health representative declined to comment, Bloomberg reports.

In August 2020, Bausch Health Cos. Inc. said it planned to spin off its eye health business into an independent publicly traded company called Bausch + Lomb – NewCo. The spinoff was to establish two separate companies:

  • Bausch + Lomb – NewCo, an eye health company built on the Bausch + Lomb brand.
  • BHC, a diversified pharmaceutical company with leading positions in gastroenterology, aesthetics/dermatology, neurology and international pharmaceuticals.

Read more at Bloomberg

Advertisement

SPONSORED VIDEO

Sponsored by Shamir

Customer Focused, Service Oriented, Forward Thinking

Shamir is the recognized world leader in custom-designed technology for life improvement, fashion, performance sports, occupational single vision, and progressive lenses. Our values, the driving force behind our ideas and actions, keep the ECP in the center. Every Shamir representative is personally committed to our customers’ vision, and to providing the best service and support to meet and exceed their expectations, all with a personal touch.

Click here for more information.

Promoted Headlines

Advertisement

Advertisement

Subscribe


BULLETINS

Get the most important news and business ideas for eyecare professionals every weekday from INVISION.

Advertisement

Most Popular