Experts Believe MAPLE Reactors Can Be Brought Into Service
OTTAWA, July 8 /PRNewswire-FirstCall/ - MDS Nordion, a leading provider of
medical isotopes and radiopharmaceuticals, today continued to urge the
Government of Canada and Atomic Energy of Canada Limited (AECL) to complete
the MAPLE project to address the global shortage of medical isotopes,
following the announcement earlier today by AECL that the 52-year-old National
Research Universal (NRU) reactor at Chalk River, Ontario will not return to
service before late 2009.
There are no domestic or international sources of supply that can fully
mitigate this shortage, which has caused and will continue to cause
unavoidable and serious disruptions to patient care. The Petten reactor in The
Netherlands, which produces approximately 30% of the world supply of medical
isotopes, is also scheduled to be shut down mid-July 2009 for approximately
four weeks for scheduled maintenance; and it is expected to be taken off line
again in early 2010 to repair a leak.
The fragility of the world's isotope supply can be overcome. MDS Nordion
believes it is critical that the Canadian government direct AECL to honour its
long-standing commitment to replace the NRU by bringing the MAPLE facilities
into service. These facilities would enable Canada to maintain its leadership
position in the innovative and increasingly important field of nuclear
medicine.
"The Government of Canada has put forth various arguments for why the
MAPLE reactors should not be started," said Steve West, President of MDS
Nordion. "However, a number of organizations and scientific experts disagree
with the Government's position and believe that the MAPLE reactors are safe,
that the reactors work and that any technical challenges can be overcome to
bring the MAPLEs into service."
"MDS continues to believe that the solution to the global medical isotope
crisis is in Canada. The infrastructure is in place, and with the assistance
of an international consortium of nuclear experts, the MAPLE facilities could
be producing medical isotopes to the benefit of patients worldwide."
MAPLE Reactors: A Solution for Medical Isotope Supply
On June 18, 2009, at the Standing Committee on Natural Resources in
Ottawa, Dr. Harold Smith, ex-Manager, MAPLE Nuclear Commissioning, HIZ and
Associates Inc., testified that "I and my team took both MAPLE 1 and MAPLE 2
to criticality. We measured the positive (power coefficient of reactivity)
PCR... there are two MAPLE reactors, each with the capacity to deliver more
than the current world requirement (for medical isotopes). Positive PCR
requires a relatively simple engineering fix to restrain the bowing of the
elements and to reduce the PCR to approximately zero."
On June 11, 2009, at the Standing Committee on Natural Resources hearing
in Ottawa, Jill Chitra, an engineer and Vice-President, Strategic Technologies
at MDS Nordion stated that the MAPLE reactors indeed work. "From 2000 to 2008,
the MAPLE reactors ran numerous times at various power levels, up to 80%
power. During tests, targets were inserted into the reactor for a number of
those tests. When targets are inserted in a reactor and it operates at power,
isotopes are created; moly-99 is created... those targets could be removed and
processed, and (if they were) you would have medical isotopes for sale."
Independent expert John Waddington confirmed to the committee that they "had
an accurate answer from Ms. Chitra" regarding the creation of isotopes in the
MAPLE reactors.
And in its January, 2009 report, Medical Isotope Production Without Highly
Enriched Uranium, The National Academy of Science Committee stated that "the
Committee assumes that the worst-case scenario for fixing the MAPLE reactors
involves the replacement of the reactor cores. The cost of such replacements
would likely be small (tens of millions of dollars) in comparison to the cost
of building a new reactor (hundreds of millions of dollars) or refurbishing
the (National Research Universal) NRU (also hundreds of millions of dollars
according to a representative of Natural Resources Canada).
Other Longer-Term Supply Alternatives
In addition to MAPLE, MDS Nordion will continue to examine other supply
alternatives. On June 15, 2009, MDS Nordion announced an agreement with the
Karpov Institute of Physical Chemistry in Russia to study the feasibility of
the Karpov Institute providing the Company with a viable and reliable supply
of Molybdenum-99 (Mo-99) for the global nuclear medicine market. And on April
28, 2009, MDS Nordion announced an agreement with TRIUMF, Canada's national
laboratory for particle and nuclear physics, to study the feasibility of
producing a viable and reliable supply of photo fission-based Mo-99.
Financial Impact
As previously disclosed, the financial impact of this extended
interruption is expected to reduce MDS Nordion's adjusted EBITDA by
approximately US$4 million per month.
More Information
Additional background about MDS Nordion, the MAPLE project and medical
isotope supply can be found on MDS Inc.'s Website at
http://www.mdsinc.com/for_media/electronic_media_kit.asp#nordion
About MDS Nordion
MDS Nordion, a business unit of MDS Inc., is a global leader in providing
medical isotopes for molecular and diagnostic imaging, radiotherapeutics and
sterilization technologies for medical products that benefit the lives of
millions of people in more than 50 countries around the world. MDS Nordion
products and services are used on a daily basis by pharmaceutical and
biotechnology companies, medical-device manufacturers, hospitals, clinics and
research laboratories. Find out more at www.mdsnordion.com
About MDS
MDS Inc. (TSX: MDS; NYSE: MDZ) is a global life sciences company that
provides market-leading products and services that our customers need for the
development of drugs, and the diagnosis and treatment of disease. We are a
leading global provider of pharmaceutical contract research, medical isotopes
for molecular imaging, radiotherapeutics, and analytical instruments. MDS has
more than 4,200 highly skilled people in 13 countries. Find out more at
www.mdsinc.com or by calling 1-888-MDS-7222, 24 hours a day.
Forward-Looking Statements
This document contains forward-looking statements. Some forward-looking
statements may be identified by words like "expects", "anticipates", "plans",
"intends", "indicates", "targeted" or similar expressions. The statements are
not a guarantee of future impact or performance and are inherently subject to
risks and uncertainties. The actual impact to the Company of the NRU shutdown
could differ materially from that currently anticipated due to a number of
factors, including, the actual timing of a return to full production and other
risk factors identified in other documents filed by the Company with Canadian
and U.S. securities regulatory authorities from time to time.
SOURCE MDS Nordion
CONTACT:
MEDIA: Shelley Maclean, (613) 592-3400, ext. 2414,
shelley.maclean@mdsinc.com;
INVESTORS: Kim Lee, (905) 267-4230,
kim.lee@mdsinc.com/
