Now Playing: CooperVision Open Japanese Division
Topic: Contact Lenses
"Asahi Kasei Aime Co. said Friday that it will withdraw from developing and marketing contact lenses to focus on manufacturing them. The firm's R&D and marketing divisions will be sold to CooperVision Inc. in December for an undisclosed sum. The roughly 100 R&D and sales personnel, four domestic branches, and other assets will be transferred" to CooperVision's Japanese company, according to Nikkei.