Bausch & Lomb

John Bausch and Henry Lomb, New York State Men Biographic Studies and Character Portraits (1910)

US-NY(1891) p639 ROCHESTER, THE BAUSCH & LOMB OPTICAL COMPANY

Optic Projection fig 169

Bausch & Lomb Vision Care campus

Bausch & Lomb is a globally recognized American company that specializes in the design, production, and distribution of ophthalmology products, including contact lenses, lens care products, medications, and surgical instruments. Founded in 1853 by John Jacob Bausch and Henry Lomb in Rochester, New York, the company has played a pivotal role in the development of products for eye health, contributing significantly to the fields of optometry and ophthalmology.

History

The origins of Bausch & Lomb trace back to a small optical goods shop in Rochester, where John Jacob Bausch, a German immigrant, and Henry Lomb, a fellow German who became his friend and financial backer, began their business. The company initially focused on the manufacture of rubber eyeglass frames and other optical products. Over the years, Bausch & Lomb expanded its product line to include a wide range of eye care products, becoming a pioneer in the optical industry.

In the late 19th and early 20th centuries, Bausch & Lomb introduced several innovations, including the production of the first optical quality glass lenses in the United States, the development of binoculars, and the creation of the first microscopes made in America. During World War II, the company was a major supplier of optical instruments for the United States military.

Products and Innovations

Bausch & Lomb has been at the forefront of many breakthroughs in eye health. It was one of the first companies to launch soft contact lenses in the market, revolutionizing the way people correct their vision. The company has also developed various eye drops and ointments to treat conditions such as dry eyes and eye infections, as well as surgical products for cataract and refractive surgery.

One of the company's most notable contributions is the development of the Renu brand of lens care products, which became a leading solution for contact lens maintenance. Bausch & Lomb has also been involved in the research and development of pharmaceutical treatments for eye diseases, including innovations in glaucoma therapy and retinal disease management.

Acquisitions and Growth

Throughout its history, Bausch & Lomb has grown through strategic acquisitions, expanding its product portfolio and global reach. The company has acquired several other businesses in the eye care sector, including the purchase of Storz Instrument Company (a manufacturer of instruments for ophthalmic surgery) and the acquisition of Chiron Vision (a company specializing in surgical products for eye care).

In recent years, Bausch & Lomb has continued to expand its presence in the global market, focusing on emerging markets and strengthening its product offerings in the areas of contact lenses, lens care, pharmaceuticals, and surgical products.

Corporate Structure and Ownership

Bausch & Lomb has undergone several changes in ownership and corporate structure over the years. In 2007, it was acquired by Warburg Pincus, a private equity firm, and later, in 2013, it became a part of Valeant Pharmaceuticals (now known as Bausch Health Companies Inc.). This acquisition integrated Bausch & Lomb's operations into a larger portfolio of pharmaceutical and medical device products, further enhancing its capabilities and market position.

Conclusion

Bausch & Lomb remains a leading name in the eye care industry, with a legacy of innovation and quality that spans over a century. The company's commitment to improving eye health and enhancing vision correction technology continues to make significant contributions to optometry and ophthalmology, benefiting millions of people worldwide.