STOCK TITAN

Bausch + Lomb's Biotrue® Hydration Plus Multi-Purpose Solution Receives Product of the Year Award from Business Intelligence Group's 2022 BIG Awards for Business

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Bausch + Lomb Corporation (NYSE/TSX: BLCO) announced that its new contact lens solution, Biotrue Hydration Plus, has won the 2022 BIG Awards for Business Product of the Year from Business Intelligence Group. This innovative solution enhances moisture retention for contact lens wearers, providing all-day comfort and exceptional disinfection with a triple disinfectant system. It incorporates bio-inspired ingredients, including 25% more hyaluronan, potassium, and erythritol, to match the pH of healthy tears, addressing the needs of patients suffering from contact lens dryness.

Positive
  • Biotrue Hydration Plus won the 2022 BIG Awards for Business Product of the Year.
  • The product offers enhanced moisture retention, potentially providing a full day's worth of comfort for lens wearers.
  • Formulated with 25% more hyaluronan, potassium, and erythritol, it meets the pH of healthy tears.
Negative
  • None.

VAUGHAN, ON, Nov. 29, 2022 /PRNewswire/ -- Bausch + Lomb Corporation (NYSE/TSX: BLCO) ("Bausch + Lomb"), a leading global eye health company dedicated to helping people see better to live better, today announced its latest contact lens solution, Biotrue Hydration Plus, has received Business Intelligence Group's (BIG) 2022 BIG Awards for Business Product of the Year award.

"Biotrue Hydration Plus was built upon our successful Biotrue Multi-Purpose Solution to provide contact lens wearers a solution that delivers even more moisture to their contact lenses - potentially a full day's worth of wear,"* said Joe Gordon, president, Global Consumer, Surgical and Vision Care, Bausch + Lomb. "We are pleased to receive Business Intelligence Group's Product of the Year award for Biotrue Hydration Plus, because it underscores the product's benefits in delivering all day comfort to patients with contact lens dryness, as well as our long-standing commitment to continuing to develop products that deliver on patients' needs."

Biotrue Hydration Plus provides excellent cleaning and a triple disinfectant system that helps deliver exceptional disinfection. The solution, which is formulated with bio-inspired ingredients, includes 25% more hyaluronan (HA), a moisturizer found naturally in tears to help keep more moisture on contact lenses*, and also matches the pH of healthy tears.

Inspired by the Tear Film and Ocular Surface Society's DEWS II report, Biotrue Hydration Plus contains potassium, an electrolyte, which is found naturally in tears and plays an important role in ocular surface homeostasis, as well as erythritol, an antioxidant, which protects HA against free radicals and also helps maintain ocular surface homeostasis. Biotrue Hydration Plus is the only contact lens solution that includes HA, erythritol and potassium.

For more information on Biotrue Hydration Plus and the Biotrue family of products, visit www.biotrue.com.  

About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry and business award programs, business executives—those with experience and knowledge—judge the programs. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

About Bausch + Lomb
Bausch + Lomb is dedicated to protecting and enhancing the gift of sight for millions of people around the world – from the moment of birth through every phase of life. Its comprehensive portfolio of more than 400 products includes contact lenses, lens care products, eye care products, ophthalmic pharmaceuticals, over-the-counter products and ophthalmic surgical devices and instruments. Founded in 1853, Bausch + Lomb has a significant global research and development, manufacturing and commercial footprint with more than 12,000 employees and a presence in nearly 100 countries. Bausch + Lomb is headquartered in Vaughan, Ontario with corporate offices in Bridgewater, New Jersey. For more information, visit www.bausch.com and connect with us on Twitter, LinkedIn, Facebook and Instagram.

Forward-looking Statements
This news release may contain forward-looking statements, which may generally be identified by the use of the words "anticipates," "hopes," "expects," "intends," "plans," "should," "could," "would," "may," "believes," "estimates," "potential," "target," or "continue" and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, the risks and uncertainties discussed in Bausch + Lomb's filings with the U.S. Securities and Exchange Commission and the Canadian Securities Administrators, which factors are incorporated herein by reference. They also include, but are not limited to, risks and uncertainties caused by or relating to the evolving COVID-19 pandemic, and the fear of that pandemic and its potential effects, the severity, duration and future impact of which are highly uncertain and cannot be predicted, and which may have a material adverse impact on Bausch + Lomb, including but not limited to its project development timelines, launches and costs (which may increase). Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. Bausch + Lomb undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law. 

*For 12 hours compared to Biotrue Multi-Purpose Solution, based on a laboratory study.
†Compared to Biotrue Multi-Purpose Solution.

Biotrue is a trademark of Bausch & Lomb Incorporated or its affiliates.
Any other product/brand names and/or logos are trademarks of the respective owners.
© 2022 Bausch & Lomb Incorporated or its affiliates.
BIO.0042.USA.22

Investor Contacts:                   

Media Contacts:

Arthur Shannon                         

Lainie Keller

arthur.shannon@bausch.com     

lainie.keller@bausch.com


(908) 927-1198

Allison Ryan


allison.ryan@bausch.com             

Kristy Marks                      

(877) 354-3705 (toll free)               

kristy.marks@bausch.com 

(908) 927-0735                             

(908) 927-0683

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bausch--lombs-biotrue-hydration-plus-multi-purpose-solution-receives-product-of-the-year-award-from-business-intelligence-groups-2022-big-awards-for-business-301688843.html

SOURCE Bausch + Lomb Corporation

FAQ

What is Biotrue Hydration Plus by Bausch + Lomb?

Biotrue Hydration Plus is a multi-purpose contact lens solution designed to enhance moisture retention, providing all-day comfort for contact lens wearers.

When did Bausch + Lomb receive the Product of the Year award?

Bausch + Lomb received the Product of the Year award for Biotrue Hydration Plus on November 29, 2022.

What are the key ingredients in Biotrue Hydration Plus?

Biotrue Hydration Plus contains bio-inspired ingredients such as hyaluronan, potassium, and erythritol, which help maintain ocular surface homeostasis.

Which company manufactures Biotrue Hydration Plus?

Biotrue Hydration Plus is manufactured by Bausch + Lomb Corporation.

What is the stock symbol for Bausch + Lomb?

The stock symbol for Bausch + Lomb is BLCO.

Bausch + Lomb Corporation

NYSE:BLCO

BLCO Rankings

BLCO Latest News

BLCO Stock Data

6.34B
40.51M
88.47%
10.91%
0.27%
Medical Instruments & Supplies
Ophthalmic Goods
Link
United States of America
VAUGHAN