Draxis to emphasize radiopharmaceuticals

Draxis Health has announced that it will focus on its radiopharmaceutical and related manufacturing business. The Mississauga, Ontario-based drug developer has authorized its financial advisor, Gruntal & Co., to initiate discussions with interested parties regarding possible transactions with its Drax Pharmaceutica pharmaceutical division.

Draxis’ DraxImage radiopharmaceutical subsidiary has 32 products on the market, as well as a strong pipeline of imaging and therapeutic radiopharmaceuticals under development, according to Draxis.

By AuntMinnie.com staff writers
July 19, 2000

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