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CooperVision

Company Profile Analysis

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CooperVision - Healthcare showcase

Year Founded & Workforce

1980

11,800 Employees

Industry

Healthcare

Services

Contact Lenses
C

CooperVision Employee Contacts

150 verified contactsNames, job titles, seniority and locations

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CooperVision Overview

Company Headquarters: Pleasanton, California, US

Founded: 1980

Workforce: ~11,800

Company Working: CooperVision is a global medical device company which manufactures soft contact lenses. The company operates through two business units, CooperVision and Coopersurgical. The company offers contact lenses in a variety of materials, which include phosphorylcholine technology (PC) and silicone hydrogel aquaform technology. It primarily manufactures its products in facilities located in the UK, Hungary, Puerto Rico, Costa Rica, and the US and distributes its products in the US, UK, Belgium, and various smaller international regions.

Strategy

CooperVision is focused on manufacturing a larger volume of products and increase its global market presence with its recently introduced products and mergers & acquisitions. The company also aims to expand its business by allotting account managers and account manager consultants in various regions to make the doctors aware of its products.

Company Snapshot

$1,577.2M

Revenue

11,800

Employees

1980

Founded

Pleasanton, California, US

Headquarters

SWOT Analysis

Strengths

  • Global presence
  • Wide product portfolio
  • Large research & development investment capacity

Weaknesses

  • High working capital requirements

Opportunities

  • Product innovation

Threats

  • Strict governmental regulations by foreign regulatory agencies
  • Changes in tax laws

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Key Developments

DateApproachDevelopment
Dec 2016AcquisitionCooperVision acquired soflex a contact lens manufacturer
Dec 2017AcquisitionCooperVision acquired paragon vision sciences a form that focuseson contact lenses

Product Offering

  • CooperVision
    • Contact Lenses

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 1,577.2 Mn in 2016 to USD 2,532.8 Mn in 2018.
CooperVision — By Business Segment
Series (USD Mn)201620172018
Sales1,577.22,1392,532.8

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