March 05, 2015 7:44 PM ET

Healthcare Equipment and Supplies

Company Overview of CooperVision, Inc.

Company Overview

CooperVision, Inc. designs and manufactures eye contact lenses and related products. It offers monthly, two-week, and daily disposable silicone hydrogel contact lenses for patients with astigmatism, nearsightedness, farsightedness, presbyopia, and more. The company also offers spherical, toric, and multifocal products. It sells its products to customers in the United States and internationally. The company was founded in 1979 and is based in Fairport, New York with regional locations in the Americas, Europe, the Asia Pacific, Africa, and Central Eurasia. CooperVision, Inc. operates as a subsidiary of The Cooper Companies Inc.

370 Woodcliff Drive

Suite 200

Fairport, NY 14450

United States

Founded in 1979

Phone:

716-385-6810

Fax:

716-889-5688

Key Executives for CooperVision, Inc.

President and Chief Operating Officer
Age: 50
Chief Financial Officer and Vice President
Senior Vice President of Global Professional & Clinical Affairs
Global Managing Director of International Accounts
Vice President of Global Marketing
Compensation as of Fiscal Year 2014.

CooperVision, Inc. Key Developments

CooperVision Launches MyDay Lenses

CooperVision has launched MyDay lenses, daily disposable contact lenses, in Hong Kong. The product has been developed with the company's Smart Silicone chemistry. MyDay lenses offer the optimum mix of features and has proven to deliver a superior lens wearing experience. MyDay incorporates an advanced lens design with a smooth lens surface, rounded edge, providing a more natural feeling as the eyelid glides effortlessly over the lens. MyDay users can expect unparalleled wearing performance, healthier and comfortable lens wear, plus ease of application and removal, all critical factors in keeping users happy with their lenses.

CooperVision Reports Revenue Results for the First Quarter Ended January 31, 2014; Revises Revenue Guidance for the Fiscal Year 2014

CooperVision reported revenue results for the first quarter ended January 31, 2014. For the quarter, the company reported revenue up 8% to $326.3 million, up 14% in constant currency and excluding the divestiture of Aime. For the fiscal year 2014, the company expected revenues to be in the range of $1,365 million to $1,395 million compared to previously expected revenues of $1,355 million to $1,395 million.

CooperVision, Inc. Announces Executive Changes

CooperVision, Inc. announced that John Weber will resign as President and transition to Executive Vice President of the company effective February 1, 2014. On February 1, 2014, Daniel McBride, Chief Operating Officer of The Cooper Companies, Inc. will assume the additional role of President of the company.

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