MDS sells diagnostics unit

AuntMinnie.com staff writers
Oct 4, 2006

MDS, the Toronto-based parent company of radioisotope developer MDS Nordion, has sold its laboratory services business, MDS Diagnostic Services.

MDS sold the business to Borealis Infrastructure Management for $1.325 billion Canadian ($1.176 billion U.S.). MDS said the sale is part of its strategy to focus on the life sciences market by growing its MDS Sciex, MDS Nordion, and MDS Pharma Services businesses.

By AuntMinnie.com staff writers
October 5, 2006

Related Reading

MDS Nordion gets FDA OK for TheraSphere clinical trials, September 26, 2006

MDS Nordion Q3 posts flat revenues, September 7, 2006

MDS Nordion Q2 shows gains, June 8, 2006

MDS Nordion moves closer to end users, June 7, 2006

MDS Nordion, Molecular Insight Pharmaceuticals partner, February 16, 2006

Copyright © 2006 AuntMinnie.com

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