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MDS, Inc.

This article was originally published in The Gray Sheet

Executive Summary

Theratronics acquisition will become an operating division of the parent company's MDS Nordion business under the recent acquisition agreement ("The Gray Sheet" June 1, p. 4). MDS maintains that there is no product overlap between the firms in the distribution of cobalt-60 since MDS Nordion supplies low specific activity cobalt-60 to the industrial irradiation market for gamma sterilization and Theratronics supplies high specific activity cobalt-60 sources for radiotherapy equipment. In addition, MDS Nordion's 1995 licensing agreement was with Theragenics, not Theratronics

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