Release date: 28th Jan 2011
Bausch + Lomb announced today a global licensing agreement to market KeraSoft® contact lenses throughout the world.
Please click here to read the press release from Bausch + Lomb.
The financial terms of this deal remain confidential but with Bausch + Lomb now behind KeraSoft® both companies expect the lenses will give sight back to literally millions of people around the world.
J Keith Lomas, Group CEO of UltraVision CLPL, said 'We're delighted with this transformational deal. We've developed life-changing KeraSoft® technology in the UK and Bausch + Lomb, a clear market leader, will now use its brand and channels to take it global. We will continue with our core focus on developing and licensing innovative technologies'.
Headquartered in Rochester, New York, USA, Bausch + Lomb has ~11,000 employees and products available in more than 100 countries.