About Us Portfolio Press Careers Sitemap Advertise Contact Us Make this your Homepage

Custom Search

Register

Sign In

Sign In Using Facebook

Home » Corporate News

Contact Lens Care Products Results In Eye Infection

May 05, 2006 at 9:33 PM Corporate News

Related Links

Bausch & Lomb Inc. is in serious trouble after an eye infection was detected in association with the use of one of its lens care products. There are complaints arising from Asia, US and Europe under pressure since authorities said its contact lens care products might be linked to a spate of serious eye infections in Asia and the United States, said a handful of cases of the infection had also been confirmed in Europe. Bausch & Lomb, based in Rochester, New York, recalled ReNu lens care products after users were diagnosed with fungal infections. Health authorities have not yet determined a root cause of the fungal infection, known as Fusarium keratitis, which can lead to blindness and potential eye loss.

The stock, which is trading near three-year lows, has fallen nearly 40 percent this year and is the weakest health-care issue in the Standard & Poor's 500 index. U.S. Centers for Disease Control and Prevention found that about 27% of the cases involved ReNu brand, ReNu MultiPlus, suggesting the company's entire ReNu franchise may be at risk. Bausch was planning to repurchase all of five series of bonds totaling nearly $544 million. Banc of America Securities analyst David Maris said that the company would be left with little cash. But a Bausch & Lomb spokesman said the company has ample cash to cover its debt repurchase. Cal Warriner, a West Palm Beach attorney says that there an increase in the number of cases against the company. His firm now handles more than 100 cases against Bausch & Lomb.

Page 1

Page 1 | 2

Next

Ringworm Infections on the Rise

Quest for bird flu vaccine in US

More News on: hyperopia, Astigmatism, Conjunctivitis, Blocked Tear Duct, Myopia, Presbyopia, Flu, Vision, LASIK Surgery Facts, Allergy Eye Drops

Comment & Contribute

Be the first to comment!
Comments should be on the topic and should not be abusive. Comments are normally moderated and are reviewed after they are posted.
* Your comment can be maximum of 2500 characters
	Notify me when reply is posted I agree to the terms and conditions
Your comments are automatically posted once they are submitted. All comments are however constantly reviewed for spam and irrelevant material (such as product or personal advertisements, email addresses, telephone numbers and website address). Such insertions do not conform to our policy and 'Terms of Use' and are either deleted or edited and republished. Please keep your comments brief and relevant.This section may also have questions seeking help. If you have the information you are welcome to respond, but please ensure that the information so provided is genuine and not misleading.

Medwonders Health Network

Support Groups Members Discussions

Total Members - 54846
Support Groups - 445

Health News Index

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Latest News Most Popular Most Commented

C-Sections may be Harmful for Premature Babies

Breast Cancer and Pregnancy: New Research

European Psychologists Voice Concerns Over New DSM Criteria

Bouncing �Rubber Eggs� Hit China Markets

Video-Based Home Exercise Able to Ease Osteoarthritis Pain and Perk Up Mobility

News Archive
Date :
Category :
Keyword :

Quiz on Eye
An interesting eye quiz to update your knowledge on the subject.

News Quick Links

	News Central			Health Watch
	Latest Health News			Health In Focus
	News Category (500+)			Breaking Health News
	Popular News			Celebrating Life
	Health News and Press Release			Medindia - Exclusive
	News Photo Gallery			India Special
	News Video Gallery			Lifestyle and Wellness
	News From Other Resources

News Categories:


»	Lady Gaga Battled Eating Disorders During Childhood

»	Acid Attack Survivor Katie Piper's Eyesight Restored After Stem Cell Surgery

»	I Will Draw Inspiration from Armstrong in Battling Illness: Yuvi

»	Eating Disorder Made Me Manipulative: Demi Lovato

»	Charlize Theron Wants to Avoid Botox
More Celebrity News

Corporate Related News
»	Pfizer Initiates Recall of Birth Control Pills in the US	»	J&J Initiates Voluntary Recall of Aveeno Baby Lotion
»	Fortis to Launch Chain of Dialysis Centers to Broaden Access to Quality Care	»	Pacific Edge Buoyed by European Acceptance of Gastric Cancer Detection Patents
»	FDA Approves Abbott�s Xience Prime Coronary Stent	»	Circadian Technologies� Investigative Cancer Drug Receives FDA Nod for Clinical Trials
»	CooperVision Issues Another Statement Over Contact Lens Recall	»	Conditional Nod for Proposed Teva Buy

Read More >>

Accident and Trauma Care Support Group	Acupuncture Support Group	Albinism / Hypopigmentation / Albinos Support Group
Alcohol abuse / Alcohol dependence / Alcoholism Support Group	Aromatherapy Support Group	Astigmatism Support Group
Avian Influenza / Bird Flu Support Group	Ayurveda Support Group	Benign Prostatic Hyperplasia Support Group

Contact Lens Care Products Results In Eye Infection

Medwonders Health Network

Corporate Related News

Consumers

Medical Professionals

Medical Students

Directories