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

Get in on the action with OGI Eyewear

OGI Eyewear is a Game Changer for your independent optical practice. Hey Guys, OGI Eyewear is a Game Changer for your independent optical practice. Celebrate your unique identity, and your patient's individuality, with crafted, kinetic styles designed to flatter and amplify every wearer’s beauty. We are here to help you elevate style and up the fun factor. This season continues OGI’s love affair with wearable and vibrant color, diving into blues, oranges, and greens. Pairing these colors with rich tortoise patterns and thrilling new shapes creates a fresh revamp on retro styles. Get in on the action with OGI Eyewear, and make this year an Eye-conic one. For more information, visit here.

Promoted Headlines

Advertisement

Advertisement

Subscribe

INVISIONMAG.COM
BULLETINS

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

Advertisement

Advertisement

Most Popular