Bausch Health Cos (NYSE:BHC) Inc, formerly known as Valeant Pharmaceuticals International, is a global specialty pharmaceutical company headquartered in Laval, Quebec, Canada. The company operates through two primary segments: Ophthalmology, led by its Bausch + Lomb franchise, and Diversified Brands, which encompasses prescription dermatology, gastrointestinal, neurology and branded pharmaceutical products. Bausch Health develops, manufactures and markets a range of therapeutic and over-the-counter offerings designed to address conditions such as cataracts, dry eye, glaucoma, acne, rosacea, migraine and gastrointestinal disorders.
The Ophthalmology segment under the Bausch + Lomb name provides products for eye health, including prescription drops, contact lens care solutions, intraocular lenses, surgical instruments and diagnostic devices. Bausch + Lomb is also active in aesthetics with products used in ophthalmic surgery and ocular cosmetics. In its Diversified Brands segment, the company delivers a portfolio of dermatology treatments for both prescription and consumer use, gastrointestinal therapies for irritable bowel syndrome and ulcerative colitis, as well as neurology products targeting migraine prevention and treatment.
Tracing its roots back to a Canadian pharmaceutical firm founded in 1959, the company underwent significant expansion after acquiring Bausch + Lomb in 2013 under the Valeant name. In May 2018, the enterprise rebranded as Bausch Health Companies Inc to reflect a renewed focus on core pharmaceutical and eye health operations. Today, it maintains manufacturing sites and research facilities across North America, Europe, Latin America and Asia-Pacific, serving patients and healthcare professionals in more than 100 countries.
Under the leadership of President and Chief Executive Officer Joseph C. Cacciatore, Bausch Health has pursued portfolio optimization, debt reduction and a disciplined approach to research and development. The company continues to invest in its pipeline of specialty medicines and eye health solutions, while seeking to enhance access to care through strategic partnerships and targeted licensing agreements around the world.
