MDS News

“These reactors have never worked and never produced medical isotopes ... the project has long been crippled with both technical and economic impediments, which remained unresolved”

By David Ljunggren

OTTAWA (Reuters) - Canada said on Friday it was scrapping work on a trouble-plagued nuclear reactor project designed to produce medical radioisotopes, but promised to maintain output by continuing to use an older reactor.

Atomic Energy of Canada Limited (AECL) said it was halting work on the two small reactors that make up its proposed MAPLE project because of the expense and the problems experienced.

The 50-year-old National Research Universal (NRU) reactor at the Chalk River facility in eastern Ontario will remain operational, producing the isotopes that are used in medical tests around the world. Read more

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“These new products continue our tradition of innovation and excellence, offering reliability, flexibility, and high performance solutions for life sciences researchers”

New Axon GenePix microarray scanners and Arcturus Laser Capture Microdissection instrument improve research speed and precision SUNNYVALE, CA, May 14 /CNW/ - MDS Analytical Technologies, a leader in innovative ... via Canada NewsWire

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“IBM Cognos Now! delivers a BI solution that will significantly enhance our ability to support our clients”

Cognos, an IBM company and specialist in business intelligence and performance management solutions, today announced that MDS Pharma Services has selected IBM Cognos Now! to track and analyze sales performance ... via EbizQ

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“They share a strong culture and values and I look forward to being a part of this world class company.”

Husky Injection Molding Systems today announced the appointment of James Reid to the position of Vice President, Organizational Development. via Canada NewsWire

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Nexi is a mobile manipulator robot augmented with rich expressive abilities A new experimental robot from the MIT Media Lab can slant its eyebrows in anger, or raise them in surprise, and show a wide assortment ... via Dr. Dobb's Journal

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In a 13D filing on MDS Pharma Services, Inc. , Obrem Capital disclosed a 5.1% stake in the company. via The Biotech Stock Blog

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A little known activist New York hedge fund has set its sights on MDS Inc. and says it plans to pressure the Canadian health sciences company to spin off or sell one or more of its business units to boost value ... via The Globe and Mail

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“We are pleased to welcome James and Robert to our board”

Cinram International Income Fund , a manufacturer and distributor of DVDs and CDs that is grappling with a dramatic change in consumer buying patterns, has added two businessmen with experience in corporate ... via CBC News

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“Their skills and knowledge will allow us to seize emerging opportunities to accelerate the growth of our business.”

MDS Pharma Services, a leading provider of innovative drug discovery and development solutions, has hired Teresa F. Winslow as Senior Vice President -- Global Business Development and James Miskel as Vice ... via Earth Times

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The following is a list of companies whose shares were having unusual price changes in Canada today. via Bloomberg.com

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