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Draxis Health Inc.

DRAXIS Health Inc. Announces Retirement of Dr. Martin Barkin as President and Chief Executive Officer

Published in Healthcare Mergers, Acquisitions and Ventures Week, November 17th, 2007

DRAXIS Health Inc. (TSX: DAX) (NASDAQ:DRAX) announces that Dr. Martin Barkin today informed the board of directors that he will retire as the President and Chief Executive Officer of the Company effective December 31, 2007.

Dr. Barkin joined the senior management of DRAXIS in 1992. Over the last fifteen years, he has been instrumental in guiding the Company through a period of significant growth from a small Canadian pharmaceutical marketing company to its current position as a provider of specialized pharmaceutical and radiopharmaceutical products in markets globally.

Brian King, Chair of the board of directors, indicated that, "The Board of...

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