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Diagnostic Imaging

GE Healthcare Announces Expansion of Nuclear Cardiology Portfolio for Medical Diagnostics Business

Published in Obesity and Diabetes Week, December 31st, 2007

GE Healthcare, the worldwide leader in Diagnostic Imaging Technologies, announced that it has entered into an agreement with DRAXIMAGE, a division of DRAXIS Health Inc. (NASDAQ:DRAX) (TSX:DAX) of Montreal, Canada, to become the exclusive distributor of DRAXIMAGE(R) Sestamibi upon its approval by the U.S. Food and Drug Administration (FDA) and the expiration of the primary innovator patent. An abbreviated New Drug Application (ANDA) for DRAXIMAGE(R) Sestamibi was submitted by DRAXIMAGE to the FDA in February 2007, and is currently under review.

"We are delighted to announce this agreement, and continue to expand our portfolio of diagnostic imaging products through our...

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