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Article: CIBA Vision Corp. announces new division: CIBA Vision Ophthalmics(tm).
- Article from:
- PR Newswire
- Article date:
- October 2, 1990
CopyrightCOPYRIGHT 1990 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CIBA VISION CORP. ANNOUNCES NEW DIVISION: CIBA VISION OPHTHALMICS(TM)
ATLANTA, Oct. 2 /PRNewswire/ -- CIBA Vision Corp., a subsidiary of CIBA-GEIGY Corp., today announced the formation of CIBA Vision Ophthalmics(TM), a business expansion into the ophthalmic pharmaceutical market.
Internationally, CIBA-GEIGY Limited, Basle, Switzerland, and ZYMA S.A. NYON also announced that ZYMA's board has approved, in principle, the sale of its ophthalmics business to CIBA Vision. Since CIBA-GEIGY Limited is the majority shareholder of ZYMA, the purchase price will be established by an independent financial auditor and will be subject to final approval by ZYMA's ...