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The Cooper Companies
Topic: Company
From HandWiki - Reading time: 3 min
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| Type | Public |
|---|---|
| Industry | Medical Devices |
| Founded | 1958 |
| Headquarters | San Ramon, California, U.S. |
Area served | Worldwide |
Key people | Albert G. White III, President & CEO |
| Products | Medical Devices |
Number of employees | 12,000 (2018)[1] |
| Website | coopercos |
The Cooper Companies, Inc., branded as CooperCompanies, is a global medical device company headquartered in San Ramon, California.[2] The company consists of two business units, CooperVision (CVI) which manufactures contact lenses, and CooperSurgical (CSI), which manufactures medical devices and fertility and genomic products for the women's health care market.[3]
History
CooperCompanies was founded in 1958 as Martin H. Smith Co. and in 1961, incorporated as Cooper Tinsley Laboratories Inc. The company changed its name to Cooper Laboratories Inc. in 1967, and entered the contact lens business when it acquired British lens maker GlobalVision in 1972.[4]
In 1980, Cooper Laboratories reorganized into three business groups: CooperVision, CooperCare and CooperBiomedical, with Cooper Medical Devices Corp. added as a fourth group one year later.[citation needed]
The company was renamed The Cooper Companies in 1987. Three years later, it was further restructured into three business units: CooperVision, CooperSurgical and CooperVision Pharmaceuticals (dissolved in 2003).
Currently, the firm operates as two business units: CooperVision and CooperSurgical.[5]CooperVision serves contact lens wearers and eye care practitioners.[6]Products include a range of daily, two-week and monthly disposable contact lenses, and other spherical, toric and multifocal lenses for astigmatism, nearsightedness and farsightedness, and presbyopia.[7] In 2022, CooperVision acquired EnsEyers, a supplier of orthokeratology and scleral contact lenses.[8]
CooperSurgical is the medical device and fertility and genomics unit of the companies. It became a business unit in 1990 and its focus includes women's health and fertility.[9][10]
Albert G. White III was named President and CEO in May 2018.[11][12] Holly Sheffield was named President of CooperSurgical effective July 2020.[13]In February 2021, CooperSurgical acquired AEGEA Medical, a medical manufacturing company.[14] In March 2021, the company acquired Safe Obstetric Systems.[15][10] In December 2021, CooperSurgical acquired Generate Life Sciences for $1.6 billion.[16]
In March 2022, CooperSurgical acquired Cook Medical's reproductive health business for $875 million.[17]
See also
- List of S&P 400 companies
References
- ↑ The Cooper Companies, Inc. (2018-12-21), Form 10-K for the fiscal year ended October 31, 2018, Washington, D.C.: U.S. Securities and Exchange Commission, File 001-08597, film 181250004, https://www.sec.gov/Archives/edgar/data/711404/000071140418000047/coo_20181031-10k.htm, retrieved 2019-06-18
- ↑ Rogers, Jack (2022-08-03). "Bay Area Surgical Device Maker Plans 1.2M SF Expansion" (in en). https://www.globest.com/2022/08/03/bay-area-surgical-device-maker-plans-1-2m-sf-expansion/.
- ↑ "The Cooper Companies - Consensus Indicates Potential 22.2% Upside - DirectorsTalk Interviews". 26 April 2022. https://www.directorstalkinterviews.com/the-cooper-companies---consensus-indicates-potential-22.2-upside/4121062267.
- ↑ Rüsche, Sven Oliver. "Sauerland Nachrichten" (in de-DE). https://www.suedwestfalen-nachrichten.de/sauerland-nachrichten/.
- ↑ Devarasetti, Hasini (2022-02-08). "CooperCompanies to acquire Cook Medical’s Reproductive Health business" (in en-US). https://www.medicaldevice-network.com/news/coopercompanies-cook-medicals-reproductive-health/.
- ↑ "The Top 25 Healthcare Technology Leaders of Jacksonville for 2022" (in en-US). https://thehealthcaretechnologyreport.com/the-top-25-healthcare-technology-leaders-of-jacksonville-for-2022/.
- ↑ "CooperVision". http://coopervision.com.
- ↑ Whooley, Sean (2022-06-01). "CooperVision buys EnsEyes to accelerate specialty contact lens growth in Nordic countries" (in en-US). https://www.massdevice.com/coopervision-enseyes-contact-lens-nordic/.
- ↑ Leuty, Ron (2022-02-09). "How an East Bay giant is buying into a vision for women's reproductive health". https://www.bizjournals.com/sanfrancisco/news/2022/02/09/china-womens-reproductive-health-cooper-coo.html.
- ↑ 10.0 10.1 Hale, Conor (2022-02-08). "CooperSurgical to acquire Cook Medical's IVF, OB-GYN businesses for $875M" (in en). https://www.fiercebiotech.com/medtech/coopersurgical-to-acquire-cook-medical-s-ivf-ob-gyn-businesses-for-875m.
- ↑ "CooperVision Parent Names CEO" (in en-US). 2018-03-09. https://invisionmag.com/albert-white-to-succeed-robert-weiss-as-ceo-of-the-cooper-companies/.
- ↑ "CooperCompanies is improving lives, one person at a time" (in en). https://thesiliconreview.com/magazine/profile/coopercompanies-is-improving-lives-one-person-at-a-time.
- ↑ "The Top 25 Women Leaders in Medical Devices of 2021" (in en-US). 2021-01-26. https://thehealthcaretechnologyreport.com/the-top-25-women-leaders-in-medical-devices-of-2021/.
- ↑ "CooperSurgical buys US company AEGEA Medical" (in en-US). 2021-02-03. https://www.nsmedicaldevices.com/news/coopersurgical-aegea-medical/.
- ↑ Boyle, Annette (2022-02-08). "Cooper acquires Cook's reproductive health lines for $875M" (in en). https://www.bioworld.com/articles/515888-cooper-acquires-cooks-reproductive-health-lines-for-875m,%20..
- ↑ "CooperCompanies wraps up acquisition of Generate Life Sciences" (in en-US). 2021-12-20. https://www.nsmedicaldevices.com/news/coopercompanies-generate-life-sciences-2/.
- ↑ Newmarker, Chris (2022-02-07). "CooperCompanies to buy Cook Medical's reproductive health business for $875M" (in en-US). https://www.massdevice.com/coopercompanies-buys-cook-medicals-reproductive-health-business-for-875m/.
External links
- Business data for CooperCompanies:
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