Nordion (NDZ) is a health science company that provides medical isotopes and sterilization technologies. Due to fears about the future of the company's medical isotope division, the company is priced as low as just the value of its sterilization unit, providing investors with an excellent opportunity to buy the company's shares at a 25% discount and without any significant downside risk.
Business Overview & Operating Segments
Nordion used to be comprised of three distinct business divisions but sold the Targeted Therapy segment, and as of July 13, 2013, the company has only the two following segments:
- Sterilization Technologies and
- Medical Isotopes
The Sterilization Technologies segment is focused on producing, installing and servicing Cobalt-60 (Co-60) radiation sources that...