First Sponsored Contact Lens Recycling Program Collects More
Than 7,000 lbs. of Waste
LAVAL, Quebec, Nov. 15, 2017 /CNW/ -- Valeant
Pharmaceuticals International, Inc.'s (NYSE: VRX and TSX: VRX)
wholly owned subsidiary, Bausch + Lomb, today announced that its
unique ONE by ONE Recycling Program has recycled a combined total
of more than one million used contact lenses, blister packs and top
foils in less than one year since its launch. Made possible through
a collaboration with TerraCycle®, a world leader in the collection
and repurposing of hard-to-recycle post-consumer waste, the ONE by
ONE Recycling Program has diverted more than 7,000 pounds of waste
from landfills.
In addition, for every pound of accepted packaging received
through this program, a $1 donation
is made to Optometry Giving Sight, the only global fundraising
initiative that specifically targets the prevention of blindness
and impaired vision by providing eye exams and glasses to those in
need.
"We are globally committed to environmental sustainability while
also delivering innovations that meet the needs of our physicians
and their patients," said Joseph C.
Papa, chairman and CEO, Valeant. "We are proud of the ONE by
ONE Recycling Program, which has made significant strides in its
first year by helping to reduce contact lens waste as well as
helping to provide basic vision care to those who are in need."
Although contact lenses and their packaging are generally
composed of recyclable plastic or foil, they often end up being
filtered out of most standard recycling centers due to their small
size. Currently, the end-to-end trail of waste generated from
contact lens packaging annually in the
United States could circle the earth three times. The ONE by
ONE Recycling Program provides contact lens wearers the opportunity
to properly recycle their used materials and reduce the amount of
waste deposited to landfills across the country.
To participate in the program, contact lens wearers can print a
free ONE by ONE shipping label and ship their used blister packs,
top foil and contact lenses via any UPS location or drop off their
waste at a participating eye doctor's office. All participating
offices in the United States (more
than 2,000 to date) can be found on the program's website,
www.bauschrecycles.com.
About Bausch + Lomb
Bausch + Lomb, a Valeant
Pharmaceuticals International, Inc. company, is a leading global
eye health organization that is solely focused on protecting,
enhancing and restoring people's eyesight. Our core businesses
include over-the-counter supplements, eye care products, ophthalmic
pharmaceuticals, contact lenses, lens care products, ophthalmic
surgical devices and instruments. Bausch + Lomb develops,
manufactures and markets one of the most comprehensive product
portfolios in the industry, which is available in more than 100
countries.
About Valeant
Valeant Pharmaceuticals International,
Inc. (NYSE/TSX:VRX) is a multinational specialty pharmaceutical
company that develops, manufactures and markets a broad range of
pharmaceutical products primarily in the areas of dermatology,
gastrointestinal disorders, eye health, neurology and branded
generics. More information about Valeant can be found at
www.valeant.com.
Forward-looking Statements
This press release may
contain forward-looking statements which may generally be
identified by the use of the words "anticipates," "expects,"
"intends," "plans," "should," "could," "would," "may," "will,"
"believes," "estimates," "potential," "target," or "continue" and
variations or similar expressions. These statements are based upon
the current expectations and beliefs of management and are subject
to certain risks and uncertainties that could cause actual results
to differ materially from those described in the forward-looking
statements. These risks and uncertainties include, but are not
limited to, risks and uncertainties discussed in the Company's most
recent annual or quarterly report and detailed from time to time in
Valeant's other filings with the Securities and Exchange Commission
and the Canadian Securities Administrators, which factors are
incorporated herein by reference. Readers are cautioned not to
place undue reliance on any of these forward-looking statements.
These forward-looking statements speak only as of the date hereof.
Valeant undertakes no obligation to update any of these
forward-looking statements to reflect events or circumstances after
the date of this press release or to reflect actual outcomes,
unless required by law.
Investor
Contact:
|
Media
Contact:
|
Arthur
Shannon
|
Lainie
Keller
|
arthur.shannon@valeant.com
|
lainie.keller@valeant.com
|
(514)
856-3855
|
(908)
927-0617
|
(877) 281-6642 (toll
free)
|
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SOURCE Valeant Pharmaceuticals International, Inc.