What is the state of this company?

It would be amazing if B+L made a new daily disposable lens that was not competitive on price. Price is what drives the daily disposable lens market.

The evidence that the lens is so much better in optics, comfort, healthy eyes etc. would have to be so overwhelming for people to pay a lot more for.

I got two lenses for a 90 day supply. One is $90 the other is $120. Which one do you want to purchase. I will take the one that is $90 please.

Also, I wonder if you could just take the new daily disposable lens from B+L and use it as a 2 week lens. If that was the case the cost of the lens to the consumer would drop by 1/14th the price. Just hope no one figures this one out.
 






It would be amazing if B+L made a new daily disposable lens that was not competitive on price. Price is what drives the daily disposable lens market.

The evidence that the lens is so much better in optics, comfort, healthy eyes etc. would have to be so overwhelming for people to pay a lot more for.

I got two lenses for a 90 day supply. One is $90 the other is $120. Which one do you want to purchase. I will take the one that is $90 please.

Also, I wonder if you could just take the new daily disposable lens from B+L and use it as a 2 week lens. If that was the case the cost of the lens to the consumer would drop by 1/14th the price. Just hope no one figures this one out.

J&J is having this exact problem with TrueEye
 






This statement is so outlandish I cant tell if this person is just pulling peoples chains but, if you have worked in any sales job in the OD industry and live in the real word this statement is not just naive, but just plain ignorant. The optics story has never stuck and never will. How's the HD labling going, oh wait the FDA still hasn't approved that. You do realize management has been feeding the salesforce the same story your spewing for the last 6-8 years. The same years they watched themselves go from dominace to an afterthought. Case in point, wasn't it only a little over a year ago the same claims were being made about the PV2 toric and a year before that PV2? Both lens don't hold a candle to their competition and play a 4th lens role in a good 60% of ODs (that's a conservative number).

In the real world, B+L has two serious launch challenges, very little presence in Vision Source the largest private OD organization, fiercely loyal to Cooper & Ciba with almost 3000 private ODs including more infulentual AOA presidents then any other. As for your WalMarts, Costcos, and other major retailers good luck having one of those ODs push a dramatic increase in cost of lens to their patients who are already happy in what they are wearing, but both these obstacles really won't matter because B+L will most likely do their limited fit set launch dance that has worked so well before.

Sadly if the above statement was serious they have no true understanding of the daily market. All daily lens are comfortable what truly sold the Solflens daily when it was launched was that B+L finally came out with a comfort comparable lens in a packaging that did not suck and most of all it was cheaper then the other dailies. As for the oxygen statement, seriously, dailies due to the fact they are replaced everyday don't need a high dkt and has almost a non existent rate of oxygen related adverse events (and you won't have the highest dkt because that honor goes to TrueEye). Comfort and cost and pretty much all of the current dailies have comfort.

If B+L intends for this miracle daily to change anything they will need to go after the 2week market owned by Oasys with an optics story that hasnt worked for the last 10 years, a lens that will require a very cost sensitive market to pay more for something that could be as comfortable because no matter how you cut it Oasys may be a lot of things but it is what all lens measure themselves against in comfort. Bottom line, ODs rarely switch healthly happy patients to lens that cost more, they will not try to fix something that is not broken and take the risk of upsetting an already happy patient.

Welcome to reality


Great analysis, Jer. How are things at Cooper?
 






If you make a great daily disposable lens that costs too much people will just reuse it as a two week disposable lens.

Since B+L named their contact lens and their contact lens disinfecting solution the same thing (Biotrue) there will be a lot of people who will think that they can refresh their daily disposable Biotrue lens with the BioTrue contact lens solution.
 






If you make a great daily disposable lens that costs too much people will just reuse it as a two week disposable lens.

Since B+L named their contact lens and their contact lens disinfecting solution the same thing (Biotrue) there will be a lot of people who will think that they can refresh their daily disposable Biotrue lens with the BioTrue contact lens solution.

In order to compete with this new marketing strategy Alcon will need to come out with an OPTIFREE OneDay Disposable contact lens.
 






What percentage of people who wear daily disposable lenses reuse their lenses the next day after putting them in a contact lens solution? If the percentage is high and B+L has established a link between their daily disposable Biotrue lens with their Biotrue contact lens solution there is a potential for large gains in the amount of Biotrue that is sold.

B+L should do compatibility testing between their new OneDay Biotrue lens and their Biotrue solution and then they can saturate the market with cheap Biotrue contact lenses. Give out coupons of Biotrue with the sale of the Biotrue lenses and you can then see a whole new dynamic to the contact lens business.

It is like giving out a coffee maker for free and charging a lot for the coffee packets that go into the coffee maker. This ultimately could be a winning marketing strategy that could wipe out the competition.

B+L would be wise to come out with the same material as a two week lens (maybe change the lens slightly) and establish that there is no problem with disinfecting the new lenses in the Biotrue solution. Once that is done flood the market with Biotrue lenses. The sale of Biotrue will hit the roof.
 


















What percentage of people who wear daily disposable lenses reuse their lenses the next day after putting them in a contact lens solution? If the percentage is high and B+L has established a link between their daily disposable Biotrue lens with their Biotrue contact lens solution there is a potential for large gains in the amount of Biotrue that is sold.

B+L should do compatibility testing between their new OneDay Biotrue lens and their Biotrue solution and then they can saturate the market with cheap Biotrue contact lenses. Give out coupons of Biotrue with the sale of the Biotrue lenses and you can then see a whole new dynamic to the contact lens business.

It is like giving out a coffee maker for free and charging a lot for the coffee packets that go into the coffee maker. This ultimately could be a winning marketing strategy that could wipe out the competition.

B+L would be wise to come out with the same material as a two week lens (maybe change the lens slightly) and establish that there is no problem with disinfecting the new lenses in the Biotrue solution. Once that is done flood the market with Biotrue lenses. The sale of Biotrue will hit the roof.

And the FDA will have a cow.
 






Well HELL-O to whoever you trash-talking overachievers are! And thank you
For spending so much tIme in our B+L neighborhood. I am sure that I make more money than
You, clear out my quarterly bonuses more than you and additional incentives, have the best manager in the industry ( yep better than yours and he is NICE) I am better looking than you, smarter than you, harder working than you, dress better than you, my doctors like me better than you-because I am nicer than you. I have work-life balance and no jack ass company breathing down my back to be unethical and slimy like yours. I love working here and can't wait to kick your ass in MY territory every day of the week. Find another place to play. Your comments only make me glad I'm not you . Later. Again thank you for being so alarmed by how much impact B+ L must be having on your days and nights. Lol
 






Well HELL-O to whoever you trash-talking overachievers are! And thank you
For spending so much tIme in our B+L neighborhood. I am sure that I make more money than
You, clear out my quarterly bonuses more than you and additional incentives, have the best manager in the industry ( yep better than yours and he is NICE) I am better looking than you, smarter than you, harder working than you, dress better than you, my doctors like me better than you-because I am nicer than you. I have work-life balance and no jack ass company breathing down my back to be unethical and slimy like yours. I love working here and can't wait to kick your ass in MY territory every day of the week. Find another place to play. Your comments only make me glad I'm not you . Later. Again thank you for being so alarmed by how much impact B+ L must be having on your days and nights. Lol

It must be really nice on the pharma side because the lens reps other then around a good 10-15% haven't made full bonuses in almost 3 years.
 






Six months left to align this company for IPO. To maximize the sale some things have to happen.

1. Each business Pharma, Surgical and Vision Care should be self contained separate entities with a logical and functional organization. The kaos system that is now in place will make the investors worry.

2. We need regulatory approvals of as many new products as possible or approvals of current products in new markets like Japan.

3. Raise products on all products. This increases profits.

4. Close one of our facilities or make sure the consolidation of a functional unit ends up under one roof.
 






It must be really nice on the pharma side because the lens reps other then around a good 10-15% haven't made full bonuses in almost 3 years.

I am on the lens side and it's a battle everyday. the grass won't be greener at another company foe now:
Ciba is now owned by big pharma, Novartis, and has a contentious relationship with Alcon. They have not been able to package lenses and solution so far like B+L has with Pv2 and Biotrue. some docs ask -why so many reps?

cooper is good, but not on many minds in retail.

And the Vistakon rep told me that the managers there breathe down their backs for growth