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AMO chases contacts after Visx merger

This article was originally published in The Gray Sheet

Executive Summary

Advanced Medical Optics will seek acquisitions in contact lens arena - potentially competing with giants Ciba Vision, Bausch & Lomb and J&J/Vistakon. AMO inked a July pact to market CooperVision's hydrogel contact lenses in Europe and the Asia-Pacific under its Complete eye care line, with the lenses branded as Aquavision. The licensing deal allows AMO to test the waters "before we jump in," Mazzo says at First Albany Capital analyst conference Dec. 7. The firm expects its $1.27 bil. acquisition of Visx to close in Q1 2005...

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