DraxImage, Bristol-Meyers Squibb extend partnership

DraxImage, a division of radiopharmaceutical firm Draxis Health of Mississauga, Ontario, and Bristol-Myers Squibb Medical Imaging of North Billerica, MA, have expanded existing partnership agreements for the marketing and distribution of radiopharmaceutical products in Canada.

Under a new five-year agreement, DraxImage products will continue to be marketed directly to hospital-based radiopharmacy departments through a cooperative partnership promoting the two companies’ product lines.

The agreement also provides for DraxImage’s technetium-99m kits, as well as its indium-111 and xenon-133 radioisotopes, to be distributed exclusively through Bristol-Myers Squibb Medical Imaging in Canada. The balance of the firm’s products for nuclear medicine will be marketed on a non-exclusive basis.

By AuntMinnie.com staff writers
July 2, 2003

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DraxImage begins U.S. shipments of I-131 kit, April 3, 2003

Draxis Health reports record earnings, February 6, 2003

DraxImage gets clearance for radiotherapeutic kit, January 29, 2003

Cytogen, Draxis dispute heats up, January 28, 2003

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