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Bausch & Lomb is an American-Canadian eye health products company based in Vaughan, Ontario, Canada. It is one of the world's largest suppliers of contact lenses, lens care products, pharmaceuticals, intraocular lenses, and other eye surgery products. The company was founded in Rochester, New York, in 1853 by optician John Bausch and cabinet maker turned financial backer Henry Lomb. Until its sale in 2013, Bausch + Lomb was one of the oldest continually operating companies in the United States.
Bausch Health Companies Inc. is an American-Canadian multinational specialty pharmaceutical company based in Laval, Quebec, Canada. It develops, manufactures and markets pharmaceutical products and branded generic drugs, primarily for skin diseases, gastrointestinal disorders, eye health and neurology. Bausch Health owns Bausch & Lomb, a supplier of eye health products. Bausch Health's business model is primarily focused on acquiring small pharmaceutical companies and then sharply increasing the prices of the drugs these companies sell.
Mylan N.V. was a global generic and specialty pharmaceuticals company. In November 2020, Mylan merged with Upjohn, Pfizer's off-patent medicine division, to form Viatris. Previously, the company was domiciled in the Netherlands, with principal executive offices in Hatfield, Hertfordshire, UK and a "Global Center" in Canonsburg, Pennsylvania, US.
Perrigo Company plc is an American Irish–registered manufacturer of private label over-the-counter pharmaceuticals, and while 70% of Perrigo's net sales are from the U.S. healthcare system, Perrigo is legally headquartered in Ireland for tax purposes, which accounts for 0.60% of net sales. In 2013, Perrigo completed the sixth-largest US corporate tax inversion in history when it reregistered its tax status to Ireland to avoid U.S. corporate taxes. Perrigo maintains its corporate headquarters in Grand Rapids, Michigan, within Michigan State University's Grand Rapids Innovation Park.
Allergan, Inc. was an American global pharmaceutical company focused on eye care, neurosciences, medical dermatology, medical aesthetics, breast enhancement, obesity intervention and urologics. Allergan, Inc. was formed in 1948, incorporated in 1950 and became a public company in 1970. It ceased operation in 2015 when it was acquired by Irish-based Actavis plc, who then renamed the group as Allergan plc.
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ISTA Pharmaceuticals, Inc, was a US-based pharmaceutical company that specialized in ophthalmic pharmaceutical products and discovers, develops, and markets therapies for inflammation, ocular pain, glaucoma, allergy, and dry eye. ISTA was acquired by Bausch & Lomb, an eye care company, on March 26, 2012. Under the deal, Bausch & Lomb have agreed to pay $9.10 per share for ISTA, bringing the total value of the acquisition to $500 million. In 2012, Valeant Pharmaceuticals withdrew its $360 million offer.
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John T. Hendrickson is an American businessman, the chairman, president and chief executive officer (CEO) of Perrigo, since April 2016, when he succeeded Joseph C. Papa, who became the chairman and CEO of Valeant Pharmaceuticals.
Knight Therapeutics Inc. is a Canadian public specialty pharmaceutical company based in Montreal, Quebec that focuses on acquiring or in-licensing innovative pharmaceutical products for the Canadian and select international markets. It is listed on the Toronto Stock Exchange, with a market capitalization of $1.02 billion as of August 2019.
Brent Saunders is an American biopharma executive and entrepreneur who is the chairman and CEO of the health company Bausch & Lomb. He helped lead various mergers and acquisitions, including the mergers between Merck and Schering-Plough, the acquisition of Bausch + Lomb by Valeant Pharmaceuticals, and the $63 billion acquisition of Allergan by Abbvie. He is the founder of special-purpose acquisition company (SPAC) Vesper Healthcare Acquisition. Saunders is also executive chairman of medical aesthetics companies The Beauty Health Company and Hugel America.
References
- ↑ Inc, Bausch + Lomb Corporation; Bausch Health Companies. "Bausch + Lomb Corporation Announces Pricing of IPO". www.prnewswire.com (Press release). Retrieved June 24, 2022.
{{cite press release}}:|last=has generic name (help)CS1 maint: multiple names: authors list (link) - ↑ "#161 Joseph C Papa". Forbes . Archived from the original on June 1, 2012. Retrieved May 10, 2016.
- ↑ "Bausch + Lomb Up in Debut After Below-Range $630 Million IPO". Bloomberg.com. May 6, 2022. Retrieved June 24, 2022.
- ↑ Gara, Antoine. "Former Perrigo CEO Joe Papa Will Replace Michael Pearson At Valeant Pharmaceuticals". Forbes. Retrieved June 24, 2022.
- ↑ Kilgore, Tomi. "Bausch Health's Joe Papa resigns from board, John Paulson named chairperson". MarketWatch. Retrieved June 24, 2022.
- ↑ "Valeant new ceo pay package - Business Insider". Uk.businessinsider.com. March 31, 2016. Retrieved April 29, 2016.
- ↑ "Valeant Names Joseph C. Papa To Be Chairman And Chief Executive Officer Of Valeant Pharmaceuticals". ir.valeant.com/. Valeant Pharmaceuticals International, Inc. April 25, 2016. Retrieved May 10, 2016.
- ↑ Staff, Harvard Business Review (November 1, 2014). "The Best-Performing CEOs in the World". Harvard Business Review. No. November 2014. ISSN 0017-8012 . Retrieved February 26, 2020.
{{cite news}}:|first=has generic name (help) - ↑ "Valeant paid CEO Joe Papa US$63M in compensation for eight months of work — but mostly in company stock | Financial Post". Business.financialpost.com. Retrieved June 19, 2017.
- ↑ "New Valeant Pharmaceuticals CEO compensated US$63-million in 2016".
- ↑ "BRIEF-Bausch Health Reports CEO Joseph C. Papa's 2019 Total Compensation Was $17.1 Mln". Reuters. March 17, 2020. Retrieved June 9, 2020.
- ↑ "DEF 14A". www.sec.gov. Retrieved June 24, 2022.
- ↑ "Perrigo's Joe Papa says shareholders, Allegan truly different". mlive.com. November 14, 2015. Retrieved October 3, 2018.