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Biotech / Medical : QLT PhotoTherapeutics (QLTI)

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To: Doug Lakin who started this subject3/6/2002 3:47:32 PM
From: Ian@SI  Read Replies (1) of 1321
 
2:27 (Dow Jones) IMS Health (RX) reported that U.S. sales of QLT Inc.'s (QLTI) anti-blindness drug, Visudyne, came in at $12 million in January,according to BMO Nesbitt Burns analyst Christine Charette. If correct, that would mean Visudyne sales rose 45% from January 2001, she said. But the numbers could be even better. Charette noted that IMS estimates for Visudyne sales were lower in three out of four quarters last year, and said it's likely January 2002 sales were also "underestimated." On Nasdaq, QLT shares are up 9% at $20.27. (AMG)
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