ADMD has appreciated 90% in past 6 months and can meet 50% of mo-99 demand.
Unfortunately, Nordion does not possess this relationship with MURR, but rather a small company called Advanced Medical Isotope Corp (ADMD.OB) has a joint venture with the MURR reactor. This small company has appreciated by more than 90% in the last six months as the prospects for Nordion continue to decline. Advanced Medical's joint venture includes a propriety compact method to produce Mo-99, and the company also believes that it can meet half of the U.S. demand in a fairly short period of time.
Advanced Medical is well positioned to capitalize on a market that Nordion is in the process of losing. The company has a very experienced and knowledgeable staff that is not reflected in the company's valuation. The company's executives know the business, have a good grasp on demand, and are almost impeccably positioned to have a successful business that is similar to Nordion.