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MDS Sues AECL Over MAPLE Reactors
- Article from:
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The Journal of Nuclear Medicine
- Article date:
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September 1, 2008
- Author:
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Copyright informationCopyright Society of Nuclear Medicine Sep 2008. Provided by ProQuest LLC. (Hide copyright information)
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MDS Inc., a Canadian health care company that provides services to the global life sciences markets, announced on July 9 that it had served Atomic Energy of Canada Limited (AECL) with notice of arbitration proceedings as part of an effort to compel AECL to resume work on new nuclear reactors to produce medical isotopes. According to a press release issued by MDS, the company will be seeking an order to compel AECL to fulfill its contractual obligations under its 2006 interim and long-term supply agreement (ILTSA) and, if not granted, will seek significant monetary damages. MDS concurrently filed a court claim for CA$1.6 billion in damages against AECL for negligence and breach of contract ...
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