About DRAXIS

Quick Facts

DRAXIS Health Inc. is a specialty pharmaceutical company. We provide products internationally in three categories: sterile pharmaceuticals, including liquid and lyophilized (freeze-dried) injectables, specialty non-sterile products and radiopharmaceuticals for diagnostic imaging and treatment. Operations are carried out through the DRAXIS Pharma Division for pharmaceutical contract manufacturing and through the DRAXIMAGE division for the development, production and sale of radiopharmaceutical products. In addition, DRAXIS is developing innovative proprietary radiopharmaceutical products through a targeted research and development program.  

Financial Highlights*                              
(in millions of U.S. dollars except per share amounts)                              
                               
Years ended December 31   2006     2005     2004     2003     2002  
                               
Product sales revenues
  Product gross margin
  83.5
43.6

%
  73.0
35.8

%
  61.7
35.5

%
  40.5
31.6

%
  30.3
22.9

%
Operating income
  Operating margin
  15.0
16.8

%
  9.8
12.3

%
  9.9
14.2

%
  6.7
13.6

%
  2.9
7.5

%
Net income   11.5     7.8     8.0     4.7     3.0  
EPS – diluted $ 0.28   $ 0.18   $ 0.19   $ 0.13   $ 0.08  
Cash and cash equivalents   21.4     12.4     5.9     10.6     4.9  
Net operating cash flows   16.5     9.7     5.1     (3.1 )   (2.2 )
Capital expenditures   5.7     4.6     4.8     3.5     5.4  
* from continuing operations