Draxis Health confirms rumors of a potential sell-off
Montreal-based Draxis considers selling the company. Source: Indie Scribe |
The company said that there can be no certainty at this stage that the discussions will continue or result in any agreement or transaction, or result in pricing that will be acceptable either to the board of directors of the company or to shareholders.
Draxis Health, through its wholly owned operating subsidiary, Draxis Specialty Pharmaceuticals, provides products in three categories: sterileproducts, non-sterile products and radiopharmaceuticals. Draxis employs approximately 500 staff in its Montreal facility.