Novartis' CIBA Vision Unit Launches Focus Night & Day
23.04.1999, 07:22
Contact Lenses for Up to 30 Nights' Wear
BASEL, Switzerland (PROTEXT) - Novartis announced today that
its CIBA Vision eye-care unit has begun market introductions of
its revolutionary Focus(R) NIGHT & DAY(TM) high oxygen soft
contact lenses that can be worn safely for up to 30 nights'
extended wear. The market's first high oxygen extended wear soft
contact lenses, Focus NIGHT & DAY lenses are available
immediately in Spain and Mexico, with launches in additional
markets to follow soon.
Focus NIGHT & DAY lenses are a major breakthrough and overcome
one of the significant barriers to safe 30-night extended wear:
high oxygen transmissibility. Made of an entirely new,
revolutionary material, they have the industry's highest oxygen
transmissibility, allowing up to six times more oxygen to the
cornea than ordinary soft contact lenses. Oxygen is critical to
maintaining eye health night and day, and is one of the major
factors for safe, successful extended wear of soft contact
lenses. Focus NIGHT & DAY lenses thus help to maintain eye health
during overnight wear by allowing oxygen transmission to the eye
during sleep.
Glen Bradley, President and CEO of CIBA Vision, commented,
"Contact lens wearers have long wanted a lens that provides
around-the-clock vision with the convenience of no lens care.
Focus NIGHT & DAY lenses answer this consumer need and, with up
to six times more oxygen than ordinary lenses, they can be worn
safely for up to 30 nights and help to maintain eye health."
Consumer research shows that nearly half of contact lens
wearers worldwide are interested in a soft contact lens that they
can sleep in overnight for up to 30 nights.
Within the next five years, it is estimated that approximately
15% of all contact lenses wearers will choose extended wear
contact lenses, with this new segment accounting for 20% or more
of the worldwide lens market value. Today, approximately 60
million people worldwide wear contact lenses, growing to more
than 80 million by 2005. The worldwide contact lens market is
currently valued at approximately CHF 4.2 billion and is expected
to top CHF 7.0 billion by 2005.
CIBA Vision is the eye care unit of Novartis AG, a world
leader in Life Sciences with core businesses in Healthcare,
Agribusiness and Consumer Health (Nutrition and Self-Medication).
In 1998, Novartis Group sales were CHF 31.7 billion, of which CHF
17.5 billion were in Healthcare, CHF 8.4 billion in Agribusiness
and CHF 5.8 billion in Consumer Health. The group annually
invests more than CHF 3.7 billion in R&D. Headquartered in Basel,
Switzerland, Novartis employs about 82,000 people and operates in
over 100 countries around the world.
Further information is available via the internet:
www.cibavision.com and www.novartis.com . ots Original Text
Service: Novartis AG Internet: http://www.newsaktuell.de
Contact: Ann Berry of CIBA Vision, 770-418-3014 Web site:
http://www.novartis.com Web site: http://www.cibavision.com
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