Nordion and Synergy Health Reach Cobalt Supply Agreement

Nordion Inc. (TSX:NDN,NYSE:NDZ) announced it will supply cobalt-60 to Synergy Health for a 6-year term.

As quoted in the press release:

Each year, cobalt-60 and gamma sterilization help support the health and well-being of millions of people around the globe. Cobalt-60 sources are used to sterilize more than 40 per cent of the world’s single-use medical devices and supplies, such as syringes, medical gowns, gloves, and masks.

Synergy’s Group Commercial Director Paul Santing said:

Thanks to Nordion’s reliable supply of cobalt, outstanding customer support and proven logistics expertise, Synergy Health’s customers can continue to count on the service they have come to appreciate and expect.

Click here for the Nordion Inc. (TSX:NDN) press release.