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Bausch Hopes B+L Spin-Out Will 'Unlock' The Value Of Eye-Care Business

 
• By Joseph Haas

Bausch Health is paying down its debt with a $630m IPO for its Bausch + Lomb eyecare product business.

• Source: Alamy

[Editor's Note: A version of this article originally appeared in Scrip. For more insight on the the B+L spin-off from the perspective of the over-the-counter industry, see Informa's HBW Insight. For a thorough overview of the $9.1bn global ophthalmic surgery device industry, read Informa Meddevicetracker's latest report on this market.]

Following several years of preparation and build-up of anticipation, the Bausch Health Companies split went into effect on 10 May, with the closing of a $630m initial public offering...

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