SYNCOR TRADING DELAYED; STRIKE IN CANADA COULD HURT BUSINESS.Byline: Ben Sullivan Daily News Staff Writer Radiopharmaceutical radiopharmaceutical /ra·dio·phar·ma·ceu·ti·cal/ (-fahr?mah-soo´ti-k'l) a radioactive pharmaceutical, nuclide, or other chemical used for diagnostic or therapeutic purposes. manufacturer Syncor International Corp. said Wednesday that a labor dispute at a Canadian nuclear facility could hurt the supply of its core products, a warning that caused trading of shares of the Woodland Hills-based company to be delayed 45 minutes. Workers at Atomic Energy atomic energy: see nuclear energy. Canada Ltd., which operates a nuclear reactor at Chalk River, Ontario Chalk River is a small town of about 800 people in Ontario 21 km NW of Petawawa, Ontario and 182.15 km NW of Ottawa, Ontario. It is about 15 km from Deep River, Ontario. Chalk River's elementary school is called St. Anthony's. , went on strike Tuesday. The facility is the sole North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. supplier of the element molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. , used widely in nuclear medicine. Syncor spokeswoman Mary Meusborn said a similar strike last year lasted six days and cost the company $1.4 million in lost sales. Meusborn said only two other reactors in the world produce molybdenum. One, in South Africa, is controlled by a Syncor competitor, she said. Meusborn said she did not know why Syncor does not contract with the other facility, located in Belgium. Other local companies appeared less concerned with the strike. Mike Cutrer, chief executive of North Hollywood-based North American Scientific Instruments Inc., said that while part of his company's supply of Iodine 125 comes from the plant, ``We don't think we're going to be impacted by it.'' ``This type of strike occurs routinely,'' he said. ``It's a government facility. The government workers tend to rattle the cage, the government gives them what they want and life goes on.'' Trading in Syncor shares was briefly halted Wednesday when the company announced the strike and said 60 percent of its radiopharmacy revenues come from the sale of products containing technetium technetium (tĕknē`shēəm) [Gr. technetos=artificial], artificially produced radioactive chemical element; symbol Tc; at. no. 43; mass no. of most stable isotope 98; m.p. 2,200°C;; b.p. 4,877°C;; sp. gr. 11. , a derivative of molybdenum. |
|
||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion