Exhibit 99


AUDITORS' REPORT

To the shareholder of
E-Z-EM Canada Inc.

We have audited the consolidated  balance sheets of E-Z-EM CANADA INC. as of May
31, 2000 and 1999 and the consolidated  statements of income,  retained earnings
and cash flows for the years ended May 31, 2000, 1999 and 1998.  These financial
statements   are  the   responsibility   of  the   company's   management.   Our
responsibility  is to express an opinion on these financial  statements based on
our audits.

We  conducted  our  audits  in  accordance  with  generally   accepted  auditing
standards.  Those standards  require that we plan and perform an audit to obtain
reasonable assurance about whether the financial statements are free of material
misstatement.  An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements.  An audit also includes
assessing the  accounting  principles  used and  significant  estimates  made by
management, as well as evaluating the overall financial statement presentation.

In our opinion,  these consolidated  financial statements present fairly, in all
material respects,  the financial position of the company as of May 31, 2000 and
1999 and the  results of its  operations  and its cash flows for the years ended
May 31, 2000,  1999 and 1998 in accordance  with generally  accepted  accounting
principles.


Jacques Davis Lefaivre
Chartered Accountants

Montreal, July 7, 2000


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