The company has gone through many changes over the years. It sold off its Ray-Ban brand of sunglasses in 1999 to the Italian Luxottica Group. Bausch & Lomb was recently sold to Valeant Pharmaceuticals in 2013 and is now headquartered in Bridgewater, New Jersey employing 13,000 people in 36 countries. The contact lens products currently offered by Bausch & Lomb include those for the correction of myopia, hyperopia, astigmatism and presbyopia. The company continues to field new and innovative products relating to ocular health and has also launched contact lens products in the one day, two-week and monthly modalities. Bausch & Lomb is considered one of the four major and leading manufacturers of ocular health and prescription correction products worldwide.
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