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MDS Responds to AECL and Government of Canada Announcements Regarding Maple Project
MDS Responds to AECL and Government of Canada Announcements Regarding Maple Project
TORONTO, May 16 /PRNewswire-FirstCall/ - Earlier this morning, Atomic
Energy of Canada Ltd. (AECL) announced it would discontinue the development of
theMAPLE reactors atChalk River, but remains committed to providing ongoing
supply of medical isotopes.
MDS Inc., a leading provider of products and services to the global life
sciences markets, was not consulted by AECL about this decision, and the
company is evaluating these developments. MDS Nordion, a business unit of MDS,
is a leading provider of medical isotopes and radiopharmaceuticals.
"The most important issue has always been the continuity of medical
isotope supply for patients worldwide," said Stephen P. DeFalco, President and
CEO, MDS Inc. "We are pleased that the government has asked AECL to pursue the
extension of the NRU operation beyond its current license and to ensure the
ongoing supply of these critical medical isotopes."
MDS is disappointed that AECL has stated it will not complete theMAPLE
project despite significant investment and effort over the past 12 years. The
company will evaluate all options and pursue appropriate steps to protect the
interests of patients, its customers and its shareholders.
About MDS
MDS Inc. (TSX: MDS; NYSE: MDZ) is a global life sciences company that
provides market-leading products and services that our customers need for the
development of drugs and the diagnosis and treatment of disease. We are a
leading global provider of pharmaceutical contract research, medical isotopes
for molecular imaging, radiotherapeutics, and analytical instruments. MDS has
more than 5,500 highly skilled people in 29 countries. Find out more at
www.mdsinc.com or by calling 1-888-MDS-7222, 24 hours a day.
SOURCE MDS Inc.
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