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CIBA VISION ACQUIRES LABORATOIRES H. FAURE OF FRANCE

 ATLANTA, Dec. 8 /PRNewswire/ -- CIBA Vision announced today that Laboratoires H. Faure of Ardeche, France, will join the CIBA Vision Group in France effective Jan. 1.
 The acquisition includes an efficient production center and ophthalmic products currently generating annual sales of approximately 100 million French francs. Laboratoires H. Faure's product range covers the principal ophthalmological therapeutic sectors.
 "The acquisition of Laboratoires H. Faure contributes further to our existing strength in Europe and is part of an aggressive strategy towards attaining a leading position worldwide in the ophthalmic pharmaceutical business," said Luzi von Bidder, head of CIBA Vision's Ophthalmics Business Unit. "Through Laboratoires H. Faure we are gaining one of the best, lowest-cost manufacturing sites in the European Community and doubling our market share in France to 10 percent," added von Bidder.
 CIBA Vision entered the ophthalmic pharmaceutical business three years ago with the formation of CIBA Vision Opthalmics. Headquartered in Bulach, Switzerland, CIBA Vision Ophthalmics has expanded aggressively through a number of strategic acquisitions, including the 1991 purchase of France's Laboratoire Martinet Ophthalmologie. CIBA Vision Ophthalmics currently markets a complete range of ophthalmic pharmaceutical products worldwide. In the U.S., those products include Voltaren Ophthalmic(R), the fastest-growing non-steroidal in the anti- inflammatory category, as well as AquaSite(TM) for treatment of dry eye, MZM(TM) (methazolamide) for glaucoma, and EYE-SCRUB(TM), a hypo- allergenic eyelid cleanser.
 CIBA Vision is a worldwide leader in research, development and manufacturing of optical and ophthalmic products and services, including soft contact lenses and ophthalmic pharmaceuticals. CIBA Vision markets and distributes a variety of vision care products, including AOSept(R), the largest-selling lens care product on the market, in over 70 countries.
 CIBA Vision is a division of Ciba-Geigy Ltd. in Basle, Switzerland, a leading developer and manufacturer of health care and agricultural products, and specialty chemicals for industry. Ciba is committed to sustainable development by balancing its social, economic and environmental responsibilities, in keeping with its "Vision 2000."
 -0- 12/8/93
 /CONTACT: Jeff Callender of CIBA Vision, 404-418-3656/


CO: CIBA Vision; Laboratoires H. Faure ST: Georgia IN: MTC SU: TNM

BN-BR -- AT008 -- 1792 12/08/93 13:02 EST
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Publication:PR Newswire
Date:Dec 8, 1993
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