Article: Fundamental Review for QLT Inc.

M2 PRESSWIRE-13 February 2007-Biotech News: Fundamental Review for QLT Inc.(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:13022007

QLT's drugs respond to a light touch. The company develops pharmaceuticals that are activated when exposed to light. Visudyne, developed and marketed with Novartis Ophthalmics, fights a type of age-related macular degeneration (AMD), a leading cause of blindness. The drug is approved in more than 70 countries. The firm hopes to expand Visudyne's indications for other types of AMD. QLT also has products in development for the treatment of benign prostate enlargement, rosacea, acromegaly (a pituitary disorder), and malnutrition. In ...

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