
Bausch + Lomb Corporation (NYSE:BLCO) Bausch + Lomb Corporation Morgan Stanley 23rd Annual Global Healthcare Conference September 8, 2025 7:45 AM EDT
Company Participants
Brenton L. Saunders – CEO & Chairman
Osama Eldessouky – Executive VP & CFO
Conference Call Participants
Patrick Wood – Morgan Stanley, Research Division
Presentation
Patrick Wood
MD of Equity Research
Good morning. Welcome to the first day of the Morgan Stanley Healthcare Conference. It’s exciting for important disclosures, please see morganstanley.com/researchdisclosures. But I’m thrilled, obviously, to have Brenton and Osama, CEO and CFO of Bausch + Lomb, respectively. I know you guys don’t actually do a lot of these conferences. So massively appreciate you taking the time to come here.
Brenton L. Saunders
CEO & Chairman
First question I have is, your lawyers must be pretty good because we have to read a whole thing.
Patrick Wood
MD of Equity Research
Yes. I think we just like pointed off in that — it’s actually my home page.
Question-and-Answer Session
Patrick Wood
Morgan Stanley, Research Division
I mean why don’t we just like jump right in. You guys have been on quite a journey over the last few years since becoming, I guess, your own thing independent in that way. How are you feeling about where you are now, I guess, both strategically but also the cultural side of that?
Brenton L. Saunders
CEO & Chairman
Yes, it’s a great question. Thanks, Patrick. So look, I guess we spun out in ’22. I joined in early ’23. And so my frame of reference really is ’23 and beyond because ’22 wasn’t a full year as a public company. And when I joined, I was very clear, I think, in the first few earnings calls that we had some work to do.
And I prioritized and I created what
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