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Bausch + Lomb Launches PreserVision AREDS3(TM) Eye Vitamins in the United States
Bausch + Lomb Executes H1 2026 Launch Plan Amidst Margin Expansion Push

Executive Summary
- Bausch + Lomb announced the U.S. launch of PreserVision AREDS3 eye vitamins on May 19, 2026.
- The new formula combines clinically proven AREDS2 nutrients with a proprietary B-vitamin complex (B1, B2, B3, B5, B6, B7, B9, B12).
- Designed for individuals in earlier stages of age-related macular degeneration (AMD), expanding the addressable market from 11 million to 28 million patients.
- Product is available at major national retailers including Amazon, Target, Walgreens, and Walmart.
- Clinical foundation includes a narrative review synthesizing over 20 human studies involving nearly 30,000 individuals.
- Company plans for a future long-term clinical trial to evaluate the AREDS3 formulation efficacy.
Material Impact
- The launch was explicitly anticipated in the November 2025 Investor Day presentation which listed PreserVision AREDS3 as an H1 2026 consumer segment launch.
- Previous news on April 23, 2026 announced the published review and intent to launch, making this execution rather than new information.
- Revenue impact is incremental; while it expands the AMD portfolio, supplements face high competition and pricing pressure compared to prescription pharmaceuticals like MIEBO or XIIDRA.
- No change to full-year guidance was issued with this release; financial targets remain aligned with Q1 2026 raised guidance ($5.42B-$5.52B revenue).
- The news confirms management is executing on the "Vision '27" transformation plan but does not alter the fundamental investment thesis or risk profile significantly.
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Company Overview
- Flagship Projects: MIEBO (dry eye), XIIDRA (lifitegrast ophthalmic solution), enVista IOLs (intraocular lenses), Stellaris Elite Surgical System.
- Business Segments: Vision Care (Contact Lenses, OTC), Pharmaceuticals (Dry Eye treatments), Surgical (IOLs, Equipment).
- Pipeline: $7 billion peak-sales pipeline projected across consumer, pharmaceutical, surgical and contact-lens segments through 2031.
- Key Assets: LUMIFY holds ~70% U.S. redness relief market share; MIEBO and XIIDRA driving pharmaceutical growth phase.
- Strategic Focus: "Vision '27" initiative targeting margin expansion to ~23% adjusted EBITDA by 2028.
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Jul 01, 2026 · 07:00