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BAUSCH & LOMB ENVISIONS "CONSIDERABLE" COST SAVINGS FROM STORZ, CHIRON VISION CONSOLIDATION; B&L HIGHLIGHTS STORZ' "LOW-COST" IOL MANUFACTURING

This article was originally published in The Gray Sheet

Executive Summary

Bausch & Lomb expects to see "considerable" cost savings by 1999 from the consolidation of Storz Instruments and Chiron Vision, primarily through combination of the two firms' intraocular lens businesses. B&L announced definitive agreements to acquire both ophthalmic products companies were announced the week of Oct. 20.
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