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 writersJuly 19, 2000
Copyright © 2000 AuntMinnie.com