MDS Nordion of Kanata, Ontario, has signed a 17-year contract with Rosenergoatom, the operating utility of Russia's nuclear power plants, for the supply of cobalt-60.
The contract extends the 2005 agreement by providing an increased supply of cobalt-60 to MDS Nordion until 2024. MDS Nordion's overall supply will increase by approximately 30% by 2016.
Cobalt-60 is primarily used for the sterilization of hospital medical supplies -- such as surgeons' gloves, syringes, sutures, and catheters -- and pharmaceuticals to help prevent patient infection and disease by reducing bacteria.
By AuntMinnie.com staff writers
October 19, 2007
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