CooperVision
{{Short description|Company in Fairport, United States}}
{{Multiple issues|
{{UDP|date=April 2019}}
{{Advert|date=January 2020}}
}}
{{Use mdy dates|date=October 2013}}
{{Infobox company
| name = CooperVision, Inc.
| logo = CooperVision Logo 2013.jpg
| type = Public
| industry = Medical devices
| predecessor = Martin H. Smith Co., Cooper Tinsley Laboratories, Inc.
| foundation = {{Start date and age |1958}}
| founder =
| location_city = San Ramon, California
| location_country = United States
| defunct =
| fate =
| area_served = Worldwide
| key_people = Daniel G. McBride (President)
| products = Contact lenses
| services =
| revenue = {{increase}} $1.1 billion in fiscal (2011){{Cite web | author = The Cooper Companies, Inc. | publication-date = 2011-12-16 | title = Form 10-K for the fiscal year ended October 31, 2011 | publication-place = Washington, D.C.| publisher = U.S. Securities and Exchange Commission | url = https://www.sec.gov/Archives/edgar/data/711404/000119312511343993/d238160d10k.htm | id = File 001-08597, film 111266546 | accessdate = December 27, 2011}}
| parent = The Cooper Companies, Inc.
| homepage = {{URL |http://coopervision.com }}
}}
CooperVision is an American company that primarily manufactures soft contact lenses and is a business unit of The Cooper Companies. The company was founded in 1980, and its headquarters are in Pleasanton, California. Its products are sold in over 100 countries.
CooperVision manufactures at a number of locations worldwide including in Juana Díaz, Puerto Rico; Scottsville, New York; Alajuela, Costa Rica; Gyál, Hungary; and Hamble and Southampton in Hampshire, England. It has major distribution centers in the United Kingdom, United States, and Belgium.{{cite web |url=http://files.shareholder.com/downloads/COO/0x0x599661/876c4c08-a5f6-4a93-8029-7d3740e95445/COO_Analyst_Day_Torre.pdf |title=Shareholder information |date= |accessdate=October 18, 2013 |archive-url=https://web.archive.org/web/20131019130142/http://files.shareholder.com/downloads/COO/0x0x599661/876c4c08-a5f6-4a93-8029-7d3740e95445/COO_Analyst_Day_Torre.pdf |archive-date=October 19, 2013 |url-status=dead }}
History
CooperVision's parent company, The Cooper Companies, Inc., started in 1958 as the Martin H. Smith Co. The company name changed to Cooper Laboratories, Inc. in 1967. In 1978, the company reorganized into Cooper Laboratories, Cooper Medical Devices, Cooper Dental, Cooper International, and CooperVision. CooperVision was incorporated in 1980. The company then went public in 1983.{{cite web|url=http://coopervision.com/our-company/history |title=History |publisher=CooperVision |date= |accessdate=October 18, 2013}} In 1987, CooperVision, Inc. changed its name to The Cooper Companies, Inc. and organized into three groups: Cooper Technicon, CooperSurgical, and CooperVision.{{cite web|url=http://www.coopercos.com/about/history/ |publisher=The Cooper Companies, Inc. |title=History |date=December 31, 2013 |accessdate=August 23, 2015}}
In 2004, CooperVision acquired Ocular Sciences, Inc., a global manufacturer and marketer of soft contact lenses. This acquisition helped the company become the third-largest soft contact lens manufacturer in the world.{{cite web |last=Salgado |first=Brian |url=http://scw-mag.com/index.php/sections/manufacturing-retail/59-coopervision |title=Salgado, Brian CooperVision. Supply Chain World |publisher=Scw-mag.com |accessdate=October 18, 2013 |archive-url=https://web.archive.org/web/20131004220553/http://scw-mag.com/index.php/sections/manufacturing-retail/59-coopervision |archive-date=October 4, 2013 |url-status=dead }} (Technically acquisition concluded on January 7, 2005)
In 2011, CooperVision announced its rebranding, developed by Siegel+Gale, a global branding firm.{{cite web |url=http://www.packagingdigest.com/article/518163-CooperVision_rebrands_launches_vivid_visual_identity.php |title=Pierce, Lisa McTigue CooperVision rebrands, launches 'vivid' visual identity. Packaging Digest |publisher=Packagingdigest.com |accessdate=October 18, 2013 |archive-url=https://web.archive.org/web/20110829185253/http://www.packagingdigest.com/article/518163-CooperVision_rebrands_launches_vivid_visual_identity.php |archive-date=August 29, 2011 |url-status=dead }} In 2012, this rebrand was one of five companies to win the "Best of Awards" by REBRAND.{{cite web |url=http://www.rebrand.com/2012-showcase |title=2012 REBRAND 100 Global Awards Brands |publisher=Rebrand.com |date= |accessdate=October 18, 2013 |archive-url=https://web.archive.org/web/20131019062653/http://www.rebrand.com/2012-showcase |archive-date=October 19, 2013 |url-status=dead }}
In August 2011, CooperVision initiated a product recall certain lots of Avaira toric lenses and later spherical lenses, after identifying silicone oil residue in a limited number of lots, following customer complaints of hazy vision.{{cite web|url=http://www.marketwatch.com/story/cooper-expands-avaira-contact-lens-recall-2011-11-15 |title=Lamar, Mia Cooper expands Avaira contact lens recall Marketwatch. Retrieved December 19, 2012 |publisher=Marketwatch.com |date= |accessdate=October 18, 2013}}
In 2013, researchers from CooperVision, along with others from Linköping University, the University of Ottawa, FibroGen Inc., and Synsam Opticians participated in a study on the partial success of artificial corneas. This study was published in Science Translational Medicine and reported on the BBC.{{cite web |url=http://www.shieldsgazette.com/news/health/national-health/partial-success-of-artificial-corneas-1-1358250 |title=Partial Success of Artificial Corneas. The Shields Gazette |publisher=Shieldsgazette.com |date= |accessdate=October 18, 2013 |archive-url=https://web.archive.org/web/20131024030917/http://www.shieldsgazette.com/news/health/national-health/partial-success-of-artificial-corneas-1-1358250 |archive-date=October 24, 2013 |url-status=dead }}
In August 2014, CooperVision completed the acquisition of Sauflon Pharmaceuticals Limited, a UK-based manufacturer of daily disposable silicone based contact lenses.{{cite web|url=http://www.coopervision.com/practitioner/sauflon-pharmaceuticals-ltd |publisher=The Cooper Companies, Inc. |title=Acquisition of Sauflon Pharmaceuticals Limited|date=August 6, 2014 }}
In December 2017, CooperVision completed the acquisition of Paragon Vision Sciences.{{sfn|GlobalData|2024|p=20}} This was followed by the acquisition of Blanchard Contact Lenses in 2019{{sfn|GlobalData|2024|p=19}} and GP Specialists in 2020.{{sfn|GlobalData|2024|p=18}}
CooperVision acquired EnsEyes, a Danish specialty contact lens manufacturer, in June 2022.{{Cite press release |title=CooperVision Acquires EnsEyes to Accelerate Nordic Region Specialty Contact Lens Growth |date=1 June 2022 |publisher=CooperVision |url=https://coopervision.com/our-company/news-center/press-release/coopervision-acquires-enseyes-accelerate-nordic-region |access-date=8 Oct 2024 |archive-url=https://web.archive.org/web/20241008182045/https://coopervision.com/our-company/news-center/press-release/coopervision-acquires-enseyes-accelerate-nordic-region |archive-date=2024-10-08 |location=San Ramon, California |url-status=live}}
In November 2022, CooperVision announced the acquisition of SynergEyes, a hybrid contact lens manufacturer based in Carlsbad, California.{{cite press release |title=CooperVision Adds SynergEyes to Expand Specialty Contact Lens Adoption in North America |url=https://www.prnewswire.com/news-releases/coopervision-adds-synergeyes-to-expand-specialty-contact-lens-adoption-in-north-america-301666857.html |website=PR Newswire |access-date=8 October 2024 |archive-url=https://web.archive.org/web/20241008183105/https://www.prnewswire.com/news-releases/coopervision-adds-synergeyes-to-expand-specialty-contact-lens-adoption-in-north-america-301666857.html |archive-date=8 October 2024 |location=San Ramon, California |language=en |date=3 November 2022 |url-status=live}} The acquisition was completed in January 2023.{{cite web |title=Carter Ledyard Client CooperVision Completes Acquisition of SynergEyes |url=https://www.clm.com/carter-ledyard-client-coopervision-completes-acquisition-of-synergeyes/ |website=Carter Ledyard & Milburn LLP |access-date=8 October 2024 |archive-url=https://web.archive.org/web/20241008183435/https://www.clm.com/carter-ledyard-client-coopervision-completes-acquisition-of-synergeyes/ |archive-date=8 October 2024 |date=3 January 2023 |url-status=live}}
Products
CooperVision develops, manufactures, and markets a range of contact lenses. CooperVision produces both spherical contact lenses and specialty lens products.{{cite web |last=Salgado |first=Brian |url=https://www.ddplanet.ru/portfolio/project/coopervision-advokaty-brenda/ |title=CooperVision corporate portal |publisher=Scw-mag.com |accessdate=October 18, 2017 |archive-url=https://web.archive.org/web/20131004220553/https://www.ddplanet.ru/portfolio/project/coopervision-advokaty-brenda |archive-date=October 4, 2013 |url-status=dead }}
America's Best, Walmart, Costco, Visionworks, Pearle Vision, Target Corporation and Vision Source private label contacts are manufactured by CooperVision.{{citation needed|date=October 2024}}
References
{{Reflist}}
= Sources =
{{refbegin}}
- {{cite report |title=CooperVision Inc – Medical Equipment – Deals and Alliances Profile |periodical=Deals and Alliances Profiles |date=August 2024 |institution=GlobalData|url=https://www.proquest.com/reports/coopervision-inc/docview/2612318871/se-2 |via=ProQuest |ref= CITEREFGlobalData2024}}
{{refend}}
External links
- {{Official website|http://coopervision.com}}