| Market Capitalization (Millions $) |
13,166 |
| Shares
Outstanding (Millions) |
195 |
| Employees |
15,000 |
| Revenues (TTM) (Millions $) |
4,230 |
| Net Income (TTM) (Millions $) |
236 |
| Cash Flow (TTM) (Millions $) |
23 |
| Capital Exp. (TTM) (Millions $) |
384 |
Business Description
The Cooper Companies Inc. is a prominent American medical device company with a focus on ophthalmology and fertility. Established in 1958 by Martin Cooper, the company initially set out to produce contact lenses under the name eCooper Laboratories. Over the decades, it has grown substantially and now serves customers in more than 100 countries globally.
Business Segments
The Cooper Companies operates primarily through two segments:
1. CooperVision: This segment encompasses the companys vision care products. The CooperVision product line includes a variety of soft contact lenses, such as silicone hydrogel lenses, toric lenses for astigmatism, multifocal lenses for presbyopia, and lens care solutions. Key brands within this segment include Biofinity, Avaira, Proclear, and Clariti. The lenses are designed to address various eye conditions like myopia, hyperopia, and astigmatism.
2. CooperSurgical: This segment focuses on fertility and encompasses products and services aimed at assisting couples in becoming pregnant. CooperSurgical develops and markets medical devices and consumables for assisted reproductive technologies, such as in-vitro fertilization (IVF), positioning itself as a leader in this field with significant market presence in the United States, Europe, and Japan.
Strategic Growth and Acquisitions
The Cooper Companies has strategically expanded its product offerings and market reach through various acquisitions over the years. Notable acquisitions include:
- In 2014, the acquisition of Sauflon Pharmaceuticals, a British contact lens manufacturer, which bolstered CooperVisions presence in Europe.
- In 2017, the acquisition of the global women’s health business assets from Teva Pharmaceuticals, enhancing CooperSurgicals position in the women’s health market.
Customer Base and Operations
The company serves a diverse customer base, including eye care professionals, hospitals, clinics, and retail outlets. Additionally, it has developed an e-commerce platform that allows patients to purchase contact lenses directly from The Cooper Companies.
Corporate Structure and Workforce
Based in San Ramon, California, The Cooper Companies has a significant global presence with manufacturing and distribution facilities in the United States, Europe, and Asia. The company employs over 12,000 individuals worldwide, highlighting its expansive operations and commitment to innovation within the medical device sector.
Financial Performance
As of its most recent financial reports, The Cooper Companies has demonstrated strong growth, with reported revenues in the vicinity of $2.6 billion for the fiscal year 2020, reflecting its solid position in both the ophthalmic and fertility markets.
In summary, The Cooper Companies Inc. continues to evolve as a key player in the medical device industry, with a dual focus on enhancing eye care through innovative vision solutions and supporting fertility through advanced reproductive technologies.
Company Address: 6101 Bollinger Canyon Road San Ramon 94583 CA
Company Phone Number: 460-3600 Stock Exchange / Ticker: NASDAQ COO
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1.43% 
66.9 %