MDS, Inc. has signed an agreement to sell its Canadian Diagnostic Services business to Borealis Infrastructure Management, Inc. in a $1.2 billion transaction. This sale is part of the company’s strategic shift to focus on the life sciences market and streamline its cost structure to be more competitive. “The sale of our diagnostics business represents a major milestone for MDS in the transition to a global life sciences company,” said Stephen P. DeFalco, president and chief executive ...