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, 1996 and 1995 and the  consolidated  statements  of  earnings,  retained
earnings  and changes in  financial  position  for the years ended May 31, 1996,
1995  and  1994.  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, 1996 and
1995 and the  results of their  operations  and the  changes in their  financial
position  for the years ended May 31,  1996,  1995 and 1994 in  accordance  with
generally accepted accounting principles.


/S/ Jacques, Davis Lefaivre & Associes
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Jacques, Davis Lefaivre & Associes
Chartered Accountants

Montreal, July 10, 1996