FOR RELEASE 7/20/2009, Monday
Governor and Bausch & LombCEOAddress Employees at New Facility inMadison,New Jersey
MADISON, N.J. -- Governor Jon S. Corzine today officially welcomed Bausch & Lomb to its new global pharmaceutical headquarters in Madison, thanking the company for growing jobs in New Jersey. Bausch & Lomb’s 30,000-square-foot facility will create 70 new full-time, high-paying jobs in New Jersey.
“Bausch & Lomb’s decision to locate its pharmaceutical headquarters in New Jersey demonstrates the state remains an attractive location for major pharmaceutical companies to grow and thrive,” said Governor Jon S. Corzine. “I want to thank CEO Gerald M. Ostrov and Global Pharmaceuticals President Flemming Ornskov for Bausch & Lomb’s commitment to the Garden State. New Jersey is proud to welcome Bausch & Lomb to Madison.”
New Jersey’s vibrant pharmaceutical and biotechnology industries were a key factor in Bausch & Lomb’s decision to establish its pharmaceutical headquarters in New Jersey. According to the Healthcare Institute of New Jersey, 15 of the world’s top 25 pharmaceutical companies have either world or North American headquarters or significant operations in New Jersey.
“Establishing our global pharmaceutical headquarters in New Jersey opens up opportunities to partner with other pharmaceutical companies and to drive commercialization of new products,” said Gerald M. Ostrov, chairman and chief executive officer of Bausch & Lomb. “Our recently announced co-promotion agreement with Pfizer for prescription ophthalmics in the U.S. is the first example of how we are successfully implementing this strategy. We're looking forward to growing our presence here, which in turn will help us bring the best possible eye health products and services to people around the world.”
While the company maintains its worldwide headquarters in Rochester, New York, and research and development in locations worldwide, this new Madison facility establishes its pharmaceutical headquarters within a global epicenter for the industry.
"As we bring new products to market, such as our recently FDA-approved Besivance™ (besifloxacin ophthalmic suspension) 0.6% for the treatment of bacterial conjunctivitis, having our global and U.S. leadership, marketing and sales teams headquartered in New Jersey is ideal,” stated Flemming Ornskov, global president of Bausch & Lomb's pharmaceutical business. “Not only does it provide professional development opportunities for current staff, but it is also fertile ground for recruiting the best possible talent to work with us, whether as an industry partner or employee.”
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About Bausch & Lomb
Bausch & Lomb is dedicated to bringing visionary ideas to eye health. Its core businesses include contact lenses and lens care products, ophthalmic surgical devices and instruments, and ophthalmic pharmaceuticals. The Bausch & Lomb name is one of the best-known and most respected healthcare brands in the world. Founded in 1853, the company is headquartered in Rochester, N.Y., and employs more than 10,000 people worldwide. Its products are available in more than 100 countries. More information is available at www.bausch.com.
Besivance is a registered trademark of Bausch & Lomb.
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