MDS Nordion Q2 shows gains

Canadian radioisotope developer MDS Nordion, a division of Toronto-based MDS, reported an 11% gain in revenues for its fiscal 2006 second quarter (end-April 30).

For the period, revenue grew to $83 million Canadian ($74 million U.S.), compared with $75 million ($67 million) in the same period last year.

Results for its medical imaging business were positively impacted as it stepped in to offset supply shortages related to a competitor's voluntary recall of technetium generators, according to the Kanata, Ontario-based firm.

By AuntMinnie.com staff writers
June 8, 2006

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