The Cooper Companies
American medical device company
From Wikipedia, the free encyclopedia
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 healthcare market.[3]
- Cooper, Tinsley Laboratories, Inc. (1961 - 1967)
- Cooper Laboratories, Inc. (1967 - 1987)
| Formerly |
|
|---|---|
| Company 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 |
| Revenue | |
| Total assets | |
| Total equity | |
Number of employees | 15,000 (2025) |
| Website | coopercos |
| Footnotes / references [1] | |
History
Parker Montgomery, a lawyer, bought Martin H. Smith Co. in 1958. The company was renamed to Cooper, Tinsley Laboratories, Inc. in 1961. Its name was changed to Cooper Laboratories Inc. in 1967,[4][5] and entered the contact lens business when it acquired British lens maker GlobalVision in 1972.[6]
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.[7]
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.[8] CooperVision serves contact lens wearers and eye care practitioners.[9] 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.[10]
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.[11][12] It is headquartered in Trumbull, Connecticut.
Acquisitions
Ocular Sciences Inc. was acquired by CooperVision in 2005.[13]
CooperSurgical acquired AEGEA Medical, a medical manufacturing company in February 2021.[14] A month later, in March, the company acquired Safe Obstetric Systems,[15][12] and 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] During that same year the company acquired EnsEyers, a supplier of orthokeratology and scleral contact lenses.[18]