Bausch + Lomb Reports More Than 100 Million Units of Contacts Lenses, Lens Care and Eye Care Materials Collected Through ONE By ONE and Biotrue® Eye Care Recycling Programs | BLCO Stock News

Author's Avatar
4 days ago
  • Bausch + Lomb's recycling programs have collected over 103 million units of eye care materials in the U.S.
  • The initiatives address environmental concerns by reducing 6-10 metric tons of contact lenses in wastewater annually.
  • Since its launch, the Biotrue program has collected over 1.3 million units of eye care product materials.

Bausch + Lomb Corporation (BLCO, Financial) has achieved a significant milestone in its environmental initiatives, with its ONE by ONE Recycling and Biotrue Eye Care Recycling programs collectively gathering 103,169,500 used units, equivalent to 625,026 pounds, of contact lenses, eye care, and lens care materials in the United States. This amount is comparable to the weight of approximately 600 concert grand pianos.

Launched in November 2016, the ONE by ONE Recycling program has successfully collected over 101 million used contact lenses, blister packs, and top foils. In parallel, the Biotrue Eye Care Recycling program, initiated in April 2021, has accumulated more than 1.3 million eye drop single-dose units, lens cases, lens solution caps, and Biotrue-branded eye drop bottles. These programs provide solutions for recycling materials that are challenging to process in standard facilities due to their small size and plastic composition.

This initiative addresses a pressing environmental concern, as an estimated 6-10 metric tons of contact lenses end up in U.S. wastewater each year, potentially impacting aquatic ecosystems and the human food supply. By offering an efficient recycling method, Bausch + Lomb's programs help mitigate this issue, contributing to environmental sustainability and public health.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.