Article: CIBA Vision Corp. announces new division: CIBA Vision Ophthalmics(tm).

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 ...

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