Bausch + Lomb is a multinational pharmaceutical company that manufactures and markets a diversified portfolio of products, with a core focus in the areas of eye health and general health, in more than 100 countries. Business Partners reached out to Iakovos Michalitsis, Regional General Manager for Bausch + Lomb Greece, Cyprus, Malta, Balkans & South Africa Cluster, to find out more about Bausch + Lomb Greece and how the company makes a difference in people’s lives.
Last year marked the beginning of a new chapter for Bausch + Lomb. What exactly did that mean in Greece and globally?
That’s right. In 2022, our parent corporation, Bausch Health Companies Inc., spun off its leading eye health business into an independent publicly traded entity, Bausch + Lomb – NewCo. The segmentation helped improve strategic focus and allowed more room for Bausch Health to focus on expanding its leadership in gastroenterology, aesthetics/dermatology, neurology, and international pharma. At the local level, this led to the transformation of Bausch Health Greece into Bausch + Lomb Greece – a new, rebranded pharmaceutical organization, with a combined portfolio of eye and general health products.
What does Bausch + Lomb Greece stand for as a company in terms of its day-to-day operations and values, for example, as regards sustainability?
We approach sustainability as a big opportunity to have a positive impact, and we have taken significant steps to organize a robust ESG strategy and relevant programs, with the full participation of our board and leadership team. In the environmental pillar, we are committed to fully respecting the environment and preserving it for current and future generations. In the governance pillar, we aim to be a trusted healthcare partner, building on a promise towards our stakeholders that every employee, every day, operates to the highest standards of ethics and integrity. And in the social pillar, we are committed to advancing health and patient care, improving local communities, and supporting employee growth and wellbeing.
We are committed to advancing health and patient care, improving local communities, and supporting employee growth and wellbeing
In this latter area, Bausch + Lomb Greece has a strong track record of distinctions as one of the country’s best employers. Tell us more about that.
We are extremely proud to have been named among Greece’s top four workplaces (in the medium-sized companies category) by Great Place to Work Hellas for the past five consecutive years. In 2023, B+L Greece achieved third place in Best Workplaces™ Hellas as well as a top 10 ranking (ninth place), in the Best Workplaces™ for Women Hellas! These distinctions reflect the fantastic effort of everyone at Bausch + Lomb Greece to lead by example in the way the company attracts, retains, develops, and empowers its people.
What do you think drives this kind of sustained workforce satisfaction?
Success is built on having diverse teams of colleagues who are driven by a shared purpose: to make the future work for everyone. Our people appreciate the inclusive management style, feel empowered to make decisions, and thrive in environments that encourage work-life balance, knowing they have opportunities to grow and be rewarded for performing well.
At Bausch + Lomb we believe in infinite possibilities! Our mission is to help people see better and live better, all over the world. That’s why we started and what we still strive for today.