Bausch & Lomb Celebrates 150 Years

Bausch & Lomb Celebrates 150 Years

COMPANY DONATES $1 MILLION, LAUNCHES COMMEMORATIVE PROGRAM

Bausch & Lomb turned 150 years old this month and launched its year-long celebration by announcing three major initiatives.

1. The company donated $1 million to The Right to Sight, an international organization that seeks to eliminate the main causes of preventable blindness by 2020.

2. B&L proclaimed April 29, 2004 as its “Global Day of Caring.” Employees around the world will participate in charitable and public service projects as a way to thank their local communities for supporting the company.

3. The Visionaries Recognition Program honors the contributions of U.S. eyecare professionals. Candidates are nominated by their peers and reviewed by an independent committee; five will be chosen in 2004 as Visionaries and will share a $150,000 donation to the vision-related charities of their choice. Nominees will be reviewed on criteria including superior patient care, volunteerism, philanthropy and scholarship.

In other news, B&L reported that the FDA accepted its New Drug Application for an anti-inflammatory/antibiotic combination treatment. The product, a loteprednol etabonate and tobramycin ophthalmic suspension, is designed for patients with steroid-responsive inflammatory ocular conditions who have or are at risk of developing superficial bacterial ocular infections. Pending FDA review, the company anticipates introducing the drug in mid 2004.

Copyright Boucher Communications, Inc. Dec 2003

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