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Bausch + Lomb (BLCO) investor relations material
Bausch + Lomb 44th Annual J.P. Morgan Healthcare Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic transformation, vision, and innovation
Emphasis on cultural shifts, leadership renewal, and a return to an innovation-driven mindset, focusing on meaningful products and platforms that address real patient needs.
Technology modernization across R&D, manufacturing, and digital tools has led to increased patent filings and improved operational efficiency, with 59 new patent applications in 2025, up from 42 in 2013.
Company-wide innovation culture now drives product design, digital capabilities, and customer engagement, supporting durable growth and margin expansion.
Strategy emphasizes above-market revenue growth, margin expansion, and robust cash flow generation, with all business segments contributing to a targeted 5–7% constant currency revenue CAGR from 2025–2028.
Focus on disruptive innovation and elevating standard of care across all business lines.
Pipeline and product launches
Multiple high-impact launches planned: AREDS 3 for AMD, Elios MIGS for glaucoma, new preservative-free drops, premium eye care products, and a bioactive contact lens (Project Halo) expected in 2028.
Pipeline includes myopia control lens, neurosensory agent for OSP, dual-action dry eye drops, and a glaucoma asset with neuroprotective benefits, with peak sales potential ranging from $200M to $3.9B.
Major launches planned between 2026–2031, including glaucoma therapy, AMD/GA game changers, and next-gen surgical devices.
Projected total peak sales from pipeline products estimated at ~$7B, with launches staggered by product.
Ongoing clinical studies and regulatory submissions support robust innovation pipeline.
Market positioning and business performance
Maintains #1 global OTC eye health position, with strong momentum in consumer and contact lens segments, and brands like PreserVision, Ocuvite, and Lumify Luxe driving growth.
Contact lens segment outperforms market, with new launches in 60+ countries and premium products targeting multifocal, astigmatism, and myopia control.
Expanding in premium surgical categories with new IOLs, lasers, and cataract/retina combo devices, targeting peak sales up to $450M per product.
Pharma segment driven by MIEBO and Xiidra, with combination therapies and new indications supporting future growth.
All business segments forecast 5–7% CAGR through 2028.
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Q1 FY25 saw strong revenue, PAT growth, and major acquisitions fueling future expansion. - SNP
Q4 2025 clean CCS operating result rose 41%, but E&P impairments led to a net loss. - GEHC
Strong 2025 results, record backlog, and margin expansion set up robust 2026 growth. - 4503
Revenue and profit surged on strategic brands, cost savings, and raised full-year forecasts. - BDN
2026 targets FFO growth, higher occupancy, asset sales, and further deleveraging. - ENT
2025 saw $2.8B revenue, $220M EBITDA, $270M cash to parents; 2026 outlook: $3.1–$3.2B revenue. - KREF
Net loss for 2025, but strong liquidity, portfolio repositioning, and active capital management. - ORN
Acquisition expands marine construction scale, capabilities, and long-term growth prospects. - RSVR
Q3 revenue up 8% year-over-year; guidance raised on strong publishing and M&A activity. - IEX
Record HST orders and margin gains support 2026 growth outlook amid macro uncertainties.
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