Bausch + Lomb Corporation (BLCO) Acquires XIIDRA

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Bausch + Lomb Will Acquire XIIDRA®

June 30, 2023 8:00 AM EDT

Acquisition Represents Significant Opportunity for Growth in Prescription Dry Eye Segment

VAUGHAN, Ontario--(BUSINESS WIRE)-- Bausch + Lomb Corporation (NYSE/TSX: BLCO), a leading global eye health company dedicated to helping people see better to live better, today announced it has entered into a definitive agreement with Novartis under which Bausch + Lomb will acquire XIIDRA® (lifitegrast ophthalmic solution) 5%, a non-steroid eye drop specifically approved to treat the signs and symptoms of dry eye disease (DED) focusing on inflammation associated with dry eye.

This acquisition... More