Navigation Links
MDS Announces Strategic Repositioning
Date:9/2/2009

    Company Signs Agreement to Sell MDS Analytical Technologies to Danaher
    Corporation;
    Plans Substantial Return of Sale Proceeds to Shareholders;
    Announces Intent to Sell MDS Pharma Services

TORONTO, Sept. 2 /PRNewswire-FirstCall/ - MDS Inc. (TSX: MDS; NYSE: MDZ), a leading provider of products and services to the global life sciences markets, today announced that it has entered into an agreement to sell its MDS Analytical Technologies business, a leading global supplier of drug discovery and life sciences research tools, to Danaher Corporation (NYSE: DHR) for $650 million in cash, and that it currently intends to return approximately $400 million to $450 million of the sale proceeds to its shareholders. The completion of the sale is subject to shareholder and regulatory approval, and other closing conditions.

The Company also announced that it intends to sell its MDS Pharma Services business, a leading provider of innovative drug discovery and early-stage development solutions for pharmaceutical and biotechnology companies. Upon completion of these transactions, the Company would be focused solely on its MDS Nordion business, which is a leading provider of medical isotopes for molecular and diagnostic imaging, radiotherapeutics and sterilization technologies.

These decisions follow a comprehensive strategic review by a Special Committee of independent Directors working with Management and financial and legal advisors. The MDS Inc. Board of Directors believes the actions announced today are in the best interests of the Company and its shareholders, and unanimously recommends that shareholders vote in favor of the sale of MDS Analytical Technologies.

"The
'/>"/>

SOURCE MDS Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine news :

1. TrueFACS Announces the Addition of Nora Johnson and Pat Palmer of Medical Billing Advocates of America
2. SOKO Fitness & Spa Group Announces Record Financial Results for Fiscal Year; Sets Conference Call to Discuss Results
3. Milestone Scientific Announces Key Leadership Changes
4. Cardiome Pharma Corp. Announces Commencement of US$27.5 Million Tender Offer
5. U.S. Labor Department announces dates for 4th annual Drug-Free Work Week
6. EPIX Pharmaceuticals, Inc. Announces the P2Y2 Gastrointestinal Early Development Candidate Program Will Be Part of the Intellectual Property Offered For Sale at the September 30, 2009 Auction
7. Vinpower Digital Announces Industry's First Complete Labelflash Standalone DVD Publishing System
8. China Pharma Holdings, Inc. Announces Participation in September Conferences
9. Aflac Announces Support for Childhood Cancer Awareness Month
10. CBI Announces Multi-Stakeholder Collaboration Panel at Upcoming Effective Oncology Benefit Management Forum
11. Worlds Largest Medical Tourism and Global Healthcare Conference, October 26-28th, Announces Record Attendance, Distinguished Speakers and Sponsors
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/20/2014)... It’s hard to imagine what it’s like ... children around the world, it’s a reality. And while new ... are forced to walk barefoot on rocky terrain or sewage-lined ... with their friends. , Buckner International's Shoes for ... in October to encourage support for Air1 and while ...
(Date:10/20/2014)... October 20, 2014 Do you ever ... Here comes a wonderful app Metassessor for teachers, specialists ... company helped its client “Intervention Development LLC” to ... app is designed for iOS 4.3 or later and ... app is optimized for iPhone 5. It is now ...
(Date:10/19/2014)... (PRWEB) October 20, 2014 Recently, BambooIndustry.com, ... has unveiled its new range of bamboo deckings ... for these natural items; they are now available at ... most people, it is hard to overstate the significance ... of attention to online services. The company’s workers are ...
(Date:10/19/2014)... (PRWEB) October 20, 2014 Having been working ... a good knowledge of customer needs. According to James, one ... covered with dazzling sequins, or with high-low skirts that add ... a huge demand. Recently, LunaDress has unveiled its new selection ... of fact, the company’s brand new items are available in ...
(Date:10/19/2014)... October 20, 2014 SweetDressy.com, a professional ... announced its promotion for long evening dresses . ... the special offer; the current discount is up to ... the industry pioneers in the fashion field. Its dress ... ladies dwelling in various parts of the world. All ...
Breaking Medicine News(10 mins):Health News:Buckner Shoes for Orphan Souls® Garners Support from Air1 Radio 2Health News:Buckner Shoes for Orphan Souls® Garners Support from Air1 Radio 3Health News:Metassessor App Launched: an RTI tool for Teachers & Parents 2Health News:Metassessor App Launched: an RTI tool for Teachers & Parents 3Health News:High Quality Bamboo Deckings, New Items Unveiled By BambooIndustry.com 2Health News:2014 Long Prom Dresses From LunaDress Now Available In Over 20 Popular Designs 2Health News:Promotion For Beautiful Long Evening Dresses Launched By SweetDressy.com 2
... Senegal, March 25 The U.S. Agency for ... Assistance (OFDA) is providing more than $3.7 million ... increase food security of families in Senegal.Of this ... improve community-based nutrition efforts and agriculture production in ...
... 25 Globus Medical, Inc., the largest privately ... announced the launch of MicroFuse(TM) ST Granules, a ... both strength and porosity. MicroFuse(TM) technology utilizes proprietary ... polymers manufactured with a patented microsphere process to ...
... Several cases of inappropriate shocks from appliances have ... -- A literally shocking tale of the potential ... implanted defibrillators comes from cardiologists in Denmark. , ... receiving an implantable cardioverter defibrillator, was readmitted shortly ...
... NATICK, Mass., March 25 Boston Scientific Corporation (NYSE: ... Poor,s Ratings Services has raised the Company,s rating outlook ... credit rating at BB+.The Standard and Poor,s upgrade follows ... the Company,s outlook to stable from negative.Standard and Poor,s ...
... Neonatologists begin new era of treatment to save tiniest babiesCLEVELAND, March 25 ... NICU provides individual rooms with sleep accommodations so parents can stay ... Innovative care design that creates a healing environment with ... Green building materials incorporated throughout NICU. , ...
... One of the Highest Civilian Honors Given to ... March 25 The Congressional Medal of Honor ... Above & Beyond Citizen Honors recipients for ... process, three Americans have been selected for their ...
Cached Medicine News:Health News:Globus Medical's MicroFuse(TM) Technology Engineered for Optimal Strength and Porosity 2Health News:Faulty Household Wiring Can Trigger a Heart Defibrillator 2Health News:Standard and Poor's Raises Boston Scientific's Rating Outlook to Positive 2Health News:Standard and Poor's Raises Boston Scientific's Rating Outlook to Positive 3Health News:Rainbow Babies & Children's Hospital Opens Most Technologically Advanced NICU in World 2Health News:Rainbow Babies & Children's Hospital Opens Most Technologically Advanced NICU in World 3Health News:Rainbow Babies & Children's Hospital Opens Most Technologically Advanced NICU in World 4Health News:'Above & Beyond Citizen Honors' Announces and Honors 2009 Recipients 2Health News:'Above & Beyond Citizen Honors' Announces and Honors 2009 Recipients 3Health News:'Above & Beyond Citizen Honors' Announces and Honors 2009 Recipients 4
(Date:10/20/2014)... YORK and RALEIGH, N.C., Oct. 20, 2014 ... Hereditary Neuropathy Foundation (HNF), both philanthropies, announced today ... drug candidates for the treatment of the rare ... BioPontis Alliance announced its alliance model earlier ... a first demonstration of a collaborative model where ...
(Date:10/19/2014)... 20, 2014 CTI BioPharma Corp. (CTI) (NASDAQ ... its third quarter 2014 financial results on Wednesday, October ... markets. Following the announcement, members of the management team ... results and provide a general corporate update at 4:30 ... can be obtained as follows: Wednesday, October ...
(Date:10/19/2014)... FRANKFURT , Deutschland, October 19, 2014 /PRNewswire/ ... echten CRT-Fallstudien gefragt. Das Problem dabei ... ihre Informationen mit der Kompetenz zu teilen. ... zusammenzustellen, und deshalb freuen wir uns umso mehr, ... Pharmafirmen gebeten, ihre Gepflogenheiten bei Kühlketten aufzuschreiben - ...
Breaking Medicine Technology:The Hereditary Neuropathy Foundation and BioPontis Alliance for Rare Disease Partner to Develop Treatments for Charcot-Marie-Tooth 2The Hereditary Neuropathy Foundation and BioPontis Alliance for Rare Disease Partner to Develop Treatments for Charcot-Marie-Tooth 3CTI BioPharma to Report Third Quarter 2014 Financial Results on October 29, 2014 2Vergleichsbericht zu Pharma-Kühlketten und CRT 2
... ,The Cardiocap/5 is a compact, ... the operating room, ambulatory surgery unit, ... offers full vital signs monitoring capabilities ... circulation to advanced airway gas analysis ...
... Releasing the power of clinical information. ... newest generation of clinical connectivity solutions that ... provide effective, high-quality patient care. You will ... be able to share it with your ...
... of clinical information. , ,S/5 Clinical ... connectivity solutions that help you and your ... care. You will have access to essential ... it with your care team and specialists, ...
... Compact and comprehensive solution for ... Arrhythmia Workstation (ARRWS) provides one compact, ... telemetry monitored patients. It connects to ... analysis for up to 16 beds., ...
Medicine Products: