MDS profit climbs 23%

Article Abstract:

Health sciences conglomerate MDS Inc's profit for the third quarter of 1999 rose 23% to C$22.5 million, or 38 cents per share, from C$18.3 million, or 32 cents a share. For the nine months of 1999, the firm reported the profit rose 19% to C$64.2 million, or C$1.11 per share, from C$53.8 million, or 95 cents per share. Toronto, Canada-based MDS Inc attributed the increase to high demand for mass spectrometry instruments and radioisotopes.

Mass Spectrometers & Spectroscopy, MDS Inc.

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Genetronics shares plunge on lost deal

Article Abstract:

San Diego, Calif.-based Genetronics Biomedical Ltd., which is planning to launch its MedPulser system in Canada, lost significant share value following the announcement that its deal with Cincinnati, Ohio-based Ethicon Endo-Surgery Inc. has collapsed. Ethicon is owned by Johnson and Johnson.

Product introduction, Strategic alliances, Medical Appliances & Supplies, Analytical instruments, Instrument industry, Instrument industry (Equipment), Finance, Licensing agreements, GEB, Genetronics Biomedical Ltd., Ethicon Endo-Surgery Inc.

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OccuLogix shares plummet 65%

Article Abstract:

The shares of OccuLogix drop by 65% in Canada. The decline in share price is attributed to failure of blood filtering system.

Product standards, safety, & recalls, Electromedical and Electrotherapeutic Apparatus Manufacturing, Securities issued, listed, Medical Instruments and Supplies, Medical Equipment and Supplies Manufacturing, Medical Instruments & Supplies, Blood Filtering Equip, Blood Filters, Product defects and recalls, Securities, Company securities, Medical test kit industry, OccuLogix Corp.

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