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0 0.00024906015037586 0.00328947368421054 -0.00610902255639093 -0.00187969924812026 -0.00328947368421054 -0.00234962406015041 -0.0155075187969926
Stock impact report

Bausch + Lomb wins FDA nod for enVista Envy range of intraocular lenses [Yahoo! Finance]

Bausch + Lomb Corporation (BLCO) 
Company Research Source: Yahoo! Finance
of enVista Envy vision intraocular lenses (IOL) from the US Food and Drug Administration (FDA). Following the approval, the Canadian company is planning a limited commercial launch in the US in the coming weeks, with a broader launch expected in 2025. The company also reiterated their plan to seek approval for the product in other countries, whilst enVista Envy IOL range received clearance from Health Canada in May. There have been rumours about the potential private equity buyout of Bausch + Lomb. Financial Times has reported a potential joint bid by private equity groups TPG and Blackstone. Adding that the potential bid to consider the company's enterprise value of $11.2bn, including debt. Bausch + Lomb was formed into an independent, publicly traded company as a spinoff from Bausch Health Companies, with the plans being first announced in 2020, with the Bausch + Lomb starting trading in May of 2022. Bausch Health owns a majority (88%) stake in Bausch + Lomb, and has faced sig Show less Read more
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