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Bausch & Lomb 1999 Annual Report

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Global Leadership<br />

People around the world<br />

entrust to <strong>Bausch</strong> & <strong>Lomb</strong><br />

their most precious sense –<br />

the sense of sight. To be<br />

worthy of that trust, we<br />

constantly strive to find<br />

a better way in all that we<br />

do. By offering the most<br />

comprehensive and innovative<br />

line of eye care products,<br />

and through our partnerships<br />

with eye care professionals,<br />

our goal is to enhance the<br />

visual performance of people<br />

of all ages. Said another<br />

way, our vision is to be<br />

Number One in the Eyes<br />

of the World.<br />

In the surgical business, we continue to be excited by the rapid growth<br />

of refractive surgery. We are already the global leader in this area, offering<br />

the most advanced technology covering all aspects of LASIK, the most<br />

common refractive procedure. We are currently conducting clinical trials<br />

in Europe to integrate our unique diagnostic and refractive technologies.<br />

This will enable surgeons to determine an individualized customized<br />

ablative pattern for treating each patient, and thus allow patients to<br />

attain vision better than 20/20 – in essence, perfect vision. In turn,<br />

it has the potential to provide <strong>Bausch</strong> & <strong>Lomb</strong> with an annuity stream of<br />

revenues to augment our equipment sales and capitalize on the projected<br />

growth in global refractive surgery procedures. We will also maintain a<br />

strong presence in cataract surgery, the most common ophthalmic<br />

surgical procedure today, where<br />

“Number one in<br />

we expect to introduce technology<br />

that will allow for less invasive surgery and new<br />

intraocular lens offerings over the next few years.<br />

In our pharmaceuticals business, our expanded R&D<br />

efforts are yielding the breakthrough technology that we<br />

believe can provide future breakout potential for <strong>Bausch</strong> &<br />

<strong>Lomb</strong>. In 2000, we will be in Phase III clinical trials for an<br />

extension to the Lotemax line with a product designed to<br />

treat eye inflammation and infection, with an expected<br />

launch in 2001. However, our most exciting opportunity is<br />

with a drug delivery technology to treat sight-threatening<br />

See the future 6<br />

<strong>Bausch</strong> & <strong>Lomb</strong><br />

the eyes of the world”

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