Draxis Health today announced that DraxImage, a wholly owned radiopharmaceutical subsidiary, has signed a binding letter of intent with Cytogen to market and distribute its BrachySeed implant.
Brachytherapy implants are used in the treatment of localized cancers, primarily prostate. BrachySeed is a second-generation brachytherapy implant which demonstrates a number of important innovations over currently available technology, including double encapsulation for additional patient safety and near-perfect dosimetry, according to the company.
Cytogen is a biopharmaceutical company in Princeton, NJ, with two principal lines of business, proteomics and oncology. DraxImage, based in Kirkland, Quebec, is a manufacturer of radiopharmaceuticals for use in nuclear medicine and oncology.
By AuntMinnie.com staff writersSeptember 14, 2000
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