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The Cooper Cos.

CooperVision wins FDA approval for myopia contact lens for kids

November 19, 2019 By Sean Whooley

CooperVision (NYSE:COO) said that it won FDA approval for its MiSight one-day contact lens for slowing the progression of myopia when initially prescribed for children between 8-12 years old. The San Ramon, Calif.–based company announced the clearance for the first and only FDA-approved product clinically proven to slow myopia (nearsightedness or short-sightedness) yesterday. CooperVision said […]

Filed Under: Food & Drug Administration (FDA), News Well, Optical/Ophthalmic Tagged With: CooperVision, The Cooper Cos.

FDA approves CooperVision’s contact lens to slow nearsightedness in kids

November 19, 2019 By Nancy Crotti

The FDA has approved the first contact lens indicated to slow the progression of nearsightedness in children between the ages of 8 and 12 years old. The MiSight contact by CooperCompanies’ (NYSE:COO) CooperVision lens is a single-use, disposable, soft contact lens that is discarded at the end of each day and is not intended to be worn […]

Filed Under: Featured, Food & Drug Administration (FDA), Optical/Ophthalmic, Pediatrics, Pre-Market Approval (PMA), Vision, Wall Street Beat Tagged With: CooperVision, FDA, The Cooper Cos.

Cooper Cos. shares rise on FY2019 Q1 earnings beat

March 5, 2019 By Fink Densford

Shares in Cooper Cos. (NYSE:COO) have risen in after-hours trading today after the company reported first quarter fiscal year 2019 earnings that beat expectations on Wall Street. The Pleasanton, Calif.-based company reported profits of $103.2 million, or $2.07 per share, on sales of $628.1 million for the three months ended January 31, seeing a swing […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Wall Street Beat Tagged With: CooperSurgical, CooperVision, The Cooper Cos.

Teva closes Paragard sale to CooperSurgical

November 2, 2017 By Sarah Faulkner

Teva Pharmaceuticals (NYSE:TEVA) said today that it closed the $1.1 billion cash sale of its Paragard intrauterine copper contraceptive device to Cooper Cos.‘ (NYSE:COO) CooperSurgical unit. The deal included Teva’s manufacturing facility in Buffalo, N.Y., the pharma company reported. The move is part of Teva’s efforts to restructure its business, narrowing its focus on CNS and respiratory […]

Filed Under: Gynecological, Wall Street Beat, Women's Health Tagged With: CooperSurgical, Teva Pharmaceuticals, The Cooper Cos.

Teva deals Paragard IUD assets to Cooper Cos. for $1B

September 13, 2017 By Fink Densford

Cooper Cos. (NYSE:COO) said today it inked a deal to purchase the Paragard intrauterine device assets and business, including a Buffalo, N.Y.-based factory, from Teva Pharmaceuticals (NYSE:TEVA) for $1.1 billion in cash. The deal has been unanimously approved by both Teva and The Cooper Co.’s boards of directors, and is expected to close prior to the end of 2017, […]

Filed Under: Business/Financial News, Mergers & Acquisitions Tagged With: Teva Pharmaceuticals, The Cooper Cos.

Smiths Medical deals Wallace IVF biz to CooperSurgical for $174m

November 9, 2016 By Fink Densford

Smiths Group (LON:SMIN) said today it divested its Wallace in-vitro fertilization product line to Cooper Cos. (NYSE:COO) CooperSurgical subsidiary for $174 million (UK £140 million). The divestiture is part of an ongoing program at Smiths to focus its portfolio on “market leading positions of scale in its chosen markets,” the company said. The company said that proceeds from […]

Filed Under: Business/Financial News, Gynecological, Mergers & Acquisitions Tagged With: CooperSurgical, Smiths Group plc, Smiths Medical, The Cooper Cos.

CooperVision, EP Global go their separate ways in contact lens deal

January 8, 2016 By Brad Perriello

EP Global Communications (OTC:EPGL) said it’s parting ways with Cooper Cos. (NYSE:COO) subsidiary CooperVision on a co-development project for advanced contact lens technology. Irvine, Calif.-based EP Global, which last year threw the gauntlet before Google (NSDQ:GOOG) on its much-ballyhooed smart contact lens program, said the Dec. 31 settlement with CooperVision allows each company to pursue the technology on its […]

Filed Under: Legal News, Optical/Ophthalmic Tagged With: CooperVision, EP Global Communications, The Cooper Cos.

CooperSurgical pays $47m for IVF screener Reprogenetics

August 17, 2015 By Brad Perriello

Cooper Cos. (NYSE:COO) CooperSurgical subsidiary acquired in-vitro fertilization screening company Reprogenetics last week for nearly $47 million. Livingston, N.J.-based Reprogenetics offers pre-implantation genetic screening and diagnosis for in vitro fertilization, Cooper said. The $46.5 million deal isn’t expected to affect earnings per share this year or in 2016, but should be accretive thereafter, the company said. Reprogenetics put up […]

Filed Under: Diagnostics, Mergers & Acquisitions, Women's Health Tagged With: CooperSurgical, Reprogenetics, The Cooper Cos.

Covidien hunts for new CFO | Personnel Moves

January 29, 2014 By Chris Walker Leave a Comment

fired/hired

Covidien (NYSE:COV) said it’s searching for a new CFO after Charles Dockendorff announced his plans to retire from the company at the end of 2014.

Dockendorff has been with the company since 1989, serving in a variety of finance-related roles. He was named CFO of Covidien predecessor Tyco Healthcare in 1995, helping lead the company to $10 billion in sales in 2007.

Filed Under: News Well Tagged With: California Health Insitute, Cardia Inc., Covidien, Orthofix, Personnel Moves, The Cooper Cos.

Medtronic to invest $6M, create 150 jobs in Puerto Rico expansion

December 23, 2013 By Brad Perriello Leave a Comment

Medtronic to invest $6M, create 150 jobs in Puerto Rico expansion

click to enlarge

Filed Under: News Well Tagged With: Abbott, Baxter, Covidien, Exports, Johnson and Johnson, Minnesota, Puerto Rico Industrial Development Co., stjudemedical, The Cooper Cos.

Orthofix chairman Gero steps down | Personnel Moves

November 7, 2013 By Chris Walker Leave a Comment

Orthofix chairman Gero steps down | Personnel Moves

Orthofix (NSDQ:OFIX) chairman Jim Gero stepped down, effective immediately, to be replaced by Randy Thurman.

Gero, a member of the orthopedic medical device company’s board since 1998, was named chairman in 2005. He’ll continue as a consultant to the board until 2015, according to a press release.

Filed Under: News Well Tagged With: Haemonetics, Innovative Trauma Care, Kinetic Concepts Inc., Orthofix, Personnel Moves, Teleflex, The Cooper Cos.

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