Draxis confirms sell-off rumors

AuntMinnie.com staff writers
Mar 16, 2008

Canadian radiopharmaceutical developer Draxis Health of Montreal confirmed that it is in discussions that could lead to a sale of the company to another firm.

Draxis declined to provide any additional information, other than to say that it is "in exclusive discussions regarding a potential transaction that could lead to a sale of the company."

Related Reading

Chalk River shutdown hurts Draxis' results, February 8, 2008

Draxis previews Q4 earnings, January 18, 2008

Draxis Health names new leaders, January 8, 2008

GE to sell Draxis generic MIBI, December 21, 2007

Draxis breaks ground for new facility, November 27, 2007

Copyright © 2008 AuntMinnie.com

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