Chiron announces resignation of C. William Zadel as president of Ciba Corning Diagnostics Unit.EMERYVILLE, Calif.--(BUSINESS WIRE)--June 19, 1995--Chiron Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CHIR CHIR Chiricahua National Monument (US National Park Service) ) announced today that C. William Zadel has resigned as president of Ciba Corning Diagnostics Corp., the company's diagnostic business unit, which was acquired on January 4, 1995, as part of Chiron's strategic partnership with Ciba-Geigy Limited. Zadel will remain president of Ciba Corning until a replacement is named; a search for his replacement has begun. Zadel will continue to represent Chiron in diagnostic industry organizations. Zadel joined Corning Corp. in 1983 and has served as Ciba Corning's president and chief executive officer since helping to form it in 1985. He is the immediate past chairman of the Health Industry Manufacturers Association. "For the balance of the year, we look forward to Bill's continued participation in the further development of the diagnostic business which he has played an important role building, and wish him success in his future endeavors," said William J. Rutter, Ph.D., chairman of Chiron. "Our goal is to replace Bill with another highly qualified individual who will lead the combined Chiron Diagnostics and Ciba Corning business in the next important phase, that of leveraging the inherent strengths of Ciba Corning with Chiron's immunodiagnostic immunodiagnostic pertaining to diagnosis by immune reactions. and bDNA probe technologies and its activities in therapeutics and vaccines." Chiron Corp., headquartered in Emeryville, applies biotechnology and other techniques of modern biology and chemistry to develop products intended to improve the quality of life by diagnosing, preventing and treating human disease. Chiron participates in four markets: diagnostics, including immunodiagnostics, critical care diagnostics and quantitative bDNA probe tests; therapeutics for cancer and infectious disease Infectious disease A pathological condition spread among biological species. Infectious diseases, although varied in their effects, are always associated with viruses, bacteria, fungi, protozoa, multicellular parasites and aberrant proteins known as prions. ; adult and pediatric pediatric /pe·di·at·ric/ (pe?de-at´rik) pertaining to the health of children. pe·di·at·ric adj. Of or relating to pediatrics. vaccines; and ophthalmic ophthalmic /oph·thal·mic/ (of-thal´mik) ocular (1). oph·thal·mic adj. Of or relating to the eye; ocular. Ophthalmic Pertaining to the eye. instruments and devices used for the surgical correction of vision. CONTACT: Chiron Corp., Emeryville Larry Kurtz, 510/601-2476 |
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