The Cross-Border Biotech Blog

Biotechnology, Health and Business in Canada, the United States and Worldwide

Tag Archives: MDS Nordion

Monday Biotech Deal Review: August 16, 2010

Another decent week for Canada’s biotech companies, with about $30 million of securities sold and more deals launched. Big headlines this week for Alectos’ Alzheimer’s collaboration with Merck, which gets a US$289 million number but declines to split out the up-front payment or other details of the fee structure. Also, eHealth Ontario is spending significant [...]

Monday Biotech Deal Review: July 12, 2010

This week saw several interesting deals, including an $85+ million exit for Sentinelle, some “bio-bucks” made good for Cipher, a licensing deal for Amorfix’s vCJD technology, a $10 million malaria deal for BC-based Artepharm and a new name (Medwell Capital) to go along with BioMS’ new business model.

Monday Biotech Deal Review: June 28, 2010

We follow a number of trends here at the blog, and two of them showed up as Canadian deals this week. Add those to the Biovail-Valeant merger, Æterna’s offering and a whole slew of commercial deals, and it’s been a pretty big week in Canadian deal-making.

Monday Biotech Deal Review: March 22, 2010

Bought deals are all the rage this week, with BioExx and Osta Biotechnologies both heading in that direction.  Also, everywhere we look, warrants are being exercised and debentures are being converted. We even noted the green shoots of a new Canadian listed biotech company poking through the ground via a CPC transaction.  Is there a [...]

Monday Biotech Deal Review: February 15, 2010

A busy Monday Deal Review is headlined by Labopharm and ProMetric on the securities front, MDS’ final divestiture on the M&Eh front and Biovail and Bioniche on the licensing front, and there’s lots more activity behind those for over $100 million of deals.  Check out all the details (and the witty headlines)

MDS Selling Its Analytical Technologies Business for $650 million, Intends to Sell Pharma Services Business Next

Yesterday, MDS Inc. (TSX: MDS; NYSE: MDZ) signed an agreement to sell its “analytical technologies” business to Danaher Corporation (NYSE: DHR) for $650 million cash.  Two major shareholders, collectively holding 23%, have signed voting support agreements supporting the sale.  The shareholders meeting is planned for October, with closing later in Q4.  Assets include 1,100 employees operating [...]

Monday Deal Review: June 22, 2009

A whole gaggle of securities deals, a cluster of licenses and a flock of M&A all migrate back to Canada for summer in this week’s Monday Deal Review.  Plus, a deal that may improve the medical isotope shortage.  

Medical Isotope Shortage Looms as Canada’s Chalk River Reactor Shuts Down

According to a CBC News report today, Canada’s Chalk River nuclear reactor was shut down for a power outage last Thursday, and Friday inspectors noticed a heavy water leak at the base of the reactor.  The month-long shut down that will be needed for repairs means that only one reactor in the world, the HSR reactor in [...]

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