The latest news, the US pharmaceutical giant Johnson & Johnson (Johnson & Johnson) announced on Friday that it will acquire Abbott's wholly-owned subsidiary, Abbott Medical Optics (AMO), a well-known subsidiary of ophthalmology and medical technology, for 4.3 billion. The company's main business focuses on ophthalmic drugs and ophthalmic surgical instruments, including three areas of cataract, refractive and eye care (eye drops, contact lens care solution, etc.). In 2015, it achieved global sales of $1.1 billion.

Johnson & Johnson's president said in a statement: At present, ophthalmology is one of the fastest growing segments of the entire medical industry . The World Health Organization predicts that with the global population growth and average life expectancy, approximately 20 million blind patients and at least 100 million patients with impaired vision are caused by cataracts.

US medical giant Johnson & Johnson buys Abbott’s ophthalmology business for $4.3 billion

The first half of 2016 earnings report from Aier Ophthalmology also confirmed the rapid development of ophthalmology in the medical segment. Aier Ophthalmology reported in the first half of 2016 that the two businesses with the largest profit contribution in the first half of the year came from two business divisions. Light and optometry, revenues in the first half of the year have maintained nearly 40% growth, refractive surgery realized income of 560 million yuan, an increase of 39.68%, Vision Services realized income of 380 million yuan, an increase of 39.13% over the same period, making the company's operating income continue to maintain It has grown rapidly.

US medical giant Johnson & Johnson buys Abbott’s ophthalmology business for $4.3 billion

Data from Aier Ophthalmology 2016 first half earnings report

At present, Johnson & Johnson's ophthalmic products are mainly Acuvue contact lens business. The acquisition of Abbott Medical Optics will enable Johnson & Johnson to form a comprehensive solution service for ophthalmic medical technology, which will help its global business field. expand.

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