DRAXIS Health, Inc. Reduces Board From Nine Directors To Eight

DRAXIS Health Inc. (TSX:DAX)(Nasdaq:DRAX) has accepted the resignation of one member of its Board of Directors as a result of a policy of that director’s law firm that no longer permits his service on the board of any for-profit public company. Mr. Stewart D. Saxe, a partner with the law firm of Baker & McKenzie, has served as a Director of DRAXIS since November 1987 and most recently he was also a member of the Human Resources and Compensation Committee of the Board.

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