50 Years of Eye Care in South Africa
Our mission today remains the same as it was 50 years ago. Everything we do is dedicated to helping people see better and live better through being an eye health partner of choice by providing quality, trusted products and driving innovation in the Eye Care sector locally and internationally.
Valeant Pharmaceuticals International, Inc., (NYSE: VRX) (TSX: VRX) completed its acquisition of Bausch + Lomb on August 5, 2013. Bausch + Lomb became a division of Valeant whereby Valeant’s existing ophthalmology businesses were integrated into the Bausch + Lomb division, creating a global eye health platform. For Investor Relations information on Valeant visit: http://www.valeant.com/
Our Humble BeginningsWhen he needed more money to keep the business going, Bausch borrowed $60 from his good friend, Henry Lomb. Bausch promised that if the business grew, Lomb would be made a full partner. The business did grow and the partnership was formed. In the early years, Bausch+Lomb manufactured revolutionary rubber eyeglass frames, as well as a variety of optical products that required a high degree of manufacturing precision.
A History of InnovationBy 1903, the firm had been issued patents for microscopes, binoculars, and even a camera shutter based on the eyes reaction to light. In the 1900s, Bausch + Lomb continued to demonstrate why the company was at the forefront of technological innovation for optical products. Bausch+Lomb produced the first optical quality glass made in America, developed ground-breaking sunglasses for the military in World War I, and created the lenses used on the cameras that took the first satellite pictures of the moon.
Introduced First Soft Contact LensesIn 1971, Bausch + Lomb introduced the first soft contact lenses, and is still the largest global provider of eye care products. Although products and times have changed, Bausch + Lomb is still dedicated to innovation, quality and craftsmanship, which was the legacy established by John Jacob Bausch and Henry Lomb.