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News

MDS Nordion secures cobalt-60 supply through 17 year contract with Rosenergoatom

MDS Nordion : 19 October, 2007  (New Product)
MDS Nordion has signed a 17 year cobalt-60 supply contract with Rosenergoatom, the operating utility of Russia's nuclear power plants.
The contract expands upon the 2005 agreement by providing for an increased supply of cobalt-60 to MDS Nordion until 2024. As a result, MDS Nordion's overall supply will increase by approximately 30 percent by 2016. Cobalt-60 is primarily used for the sterilisation of hospital medical supplies and pharmaceuticals to help prevent patient infection and disease by reducing harmful bacteria.

'As demand for cobalt-60 increases each year, this contract is great news for the global medical community,' said Steve West, president, MDS Nordion. 'It demonstrates MDS Nordion's ongoing commitment to provide customers a long-term supply to meet their growing sterilisation needs.'

Cobalt-60 is used worldwide to sterilise 45 percent of all disposable medical devices such s surgeons' gloves, syringes, sutures, and catheters. This sterilisation process has been used for more than 40 years, having been proven safe, reliable and highly effective.

'Rosenergoatom plays an important role in providing a consistent supply of cobalt-60,' remarks Valery Lebedev, a deputy director general at Rosenergoatom. 'Unlike most power reactors, Rosenergoatom can harvest cobalt-60 while the reactor is in operation. This allows MDS Nordion to more closely match cobalt-60 supply to customer demand by increasing the reliability and efficiency of the overall supply chain.'
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