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 WEAVE

Transform Your Multi-office Phone System Into a Revenue-generation Tool

Weave’s multi-office, multi-department, and multi-provider phone system is built to flexibly accommodate and augment your practices’ most powerful revenue-generation tool: ring phones across multiple locations, set up inter-office call overflow, support external call centers, and more. And by connecting to your patient data, call handlers see a patient’s upcoming appointments, overdue balances, overdue family members, and preferred location – all when they pick up the phone." Learn more at getweave.com/weave-unify

Promoted Headlines

Advertisement

Advertisement

Subscribe


BULLETINS

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

Advertisement

Most Popular