Nordion provides outlook for 2012

01/11/2012 |

Although 2011 revenue was up overall, Nordion is anticipating a decline in its reactor isotopes revenue for fiscal year 2012. The company expects volumes of molybdenum-99 to remain the same, but anticipates competition will drive prices down. Nordion estimates 2012 quarterly revenue for cyclotron isotopes to be at $3.5 million per quarter.

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