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Sotera Health’s Nordion completes the sale of its Medical Isotopes Business to BWXT

Fasken
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Overview

Client

Sotera Health LLC

On August 6, 2018 Sotera Health LLC (“Sotera Health”), the world’s leading, fully integrated protector of global health, announced the closing of the sale of the Medical Isotopes segment within its Nordion business to a subsidiary of BWX Technologies, Inc. (“BWXT”).  Nordion’s medical radioisotopes business is a leading global manufacturer and supplier of critical medical isotopes and radiopharmaceuticals for research, diagnostic, and therapeutic uses.  Nordion sold essentially all of its medical isotope assets to BWXT, including the radiochemical operation and contract manufacturing services in Kanata and the medical isotope operation in Vancouver. Nordion and BWXT  will continue to operate from Nordion’s state-of-the-art licensed facility in Kanata.
 
Fasken acted as Canadian counsel to Sotera Health and Nordion with a team comprised of Scott Conover, Ingrid VanderElst, Dan Law, Jack Yu, Rosalind Cooper, Katherine Pollock, Ross Gascho, Huy Do, Andrew Alleyne, Valerie Eisen, Ryan Shnier, Paul Casuccio and Christopher Steeves.

Team

  • Scott Conover, Partner, Toronto, ON, +1 416 865 4548, sconover@fasken.com
  • Ingrid E. VanderElst, PhD, Partner | Trademark Agent, Toronto, ON, +1 416 865 4519, ivanderelst@fasken.com
  • Daniel R. Law, Partner, Toronto, ON, +1 416 868 3479, dlaw@fasken.com
  • Jack Yu, Partner | CO-LEADER, CHINA PRACTICE GROUP, Toronto, ON, +1 416 868 3457, jyu@fasken.com
  • Rosalind H. Cooper, Partner, Toronto, ON, +1 416 865 5127, rcooper@fasken.com
  • Katherine M. Pollock, Partner, Toronto, ON, +1 416 868 3527, kpollock@fasken.com
  • Ross A. Gascho, Partner | Leader, Pensions and Benefits, Toronto, ON, +1 416 865 5447, rgascho@fasken.com
  • Huy Do, Partner | CO-LEADER, COMPETITION, MARKETING & FOREIGN INVESTMENT | LEADER, SOUTHEAST ASIA GROUP, Toronto, ON, +1 416 868 3505, hdo@fasken.com
  • Andrew C. Alleyne, Partner, Toronto, ON, +1 416 868 3338, aalleyne@fasken.com
  • Paul V. Casuccio, Partner, Toronto, ON, +1 416 868 3491, pcasuccio@fasken.com
  • Christopher Steeves, Partner | Leader, Tax Law, Toronto, ON, +1 416 868 3401, csteeves@fasken.com