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CooperVision Targets High-Growth Daily Lens Market With Sauflon Buy

The $1.2 billion acquisition of Sauflon Pharmaceuticals will increase Cooper’s penetration in the high-growth daily disposable silicone hydrogel contact lens market.

Cooper Companies Inc.’s $1.2 billion planned acquisition of Sauflon Pharmaceuticals is intended to capture a bigger chunk of the high-growth daily soft contact lens market.

The deal, which is expected to close by October and be accretive to Cooper earnings-per-share after that, gives Cooper “the world’s most comprehensive portfolio of daily disposable lenses,” the firm...

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