Bausch & Lomb Moving Its Headquarters to New Jersey

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A Canadian pharmaceutical company acquiring Bausch + Lomb will move the contact lens maker’s corporate headquarters to central New Jersey from Rochester, N.Y., a rare piece of good news for a state that has suffered a string of corporate losses over the last few years. What’s unclear from Monday’s announcement by Valeant, the Canadian drugmaker, is how many jobs New Jersey will gain, and exactly where the headquarters will be located. Valeant spokesman Laurite Little said the new headquarters would likely be near Bridgewater, where Valeant has its U.S. headquarters, or Madison, where Bausch + Lomb’s pharmaceutical division is based.

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