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Biotech / Medical : QLT PhotoTherapeutics (QLTI)

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To: Julian who wrote (780)12/9/1999 10:12:00 PM
From: Julian  Read Replies (1) of 1321
 
QLT issues correction to Nov. 17 Visudyne release

QLT PhotoTherapeutics Inc QLT
Shares issued 28,385,597 Dec 9 close $62.00
Thu 9 Dec 99 News Release
Ms. Elayne Wandler reports
A news release issued in Stockwatch on Nov. 17, 1999, by CIBA Vision, the
eyecare unit of Novartis AG and QLT PhotoTherapeutics Inc., contained a
typographical error incorrectly stating the Food & Drug Administration is
expected to make a final decision regarding the approval of Visudyne
therapy on or before Feb. 2, 2000. The correct date is Feb. 12, 2000.
Under priority review status, the FDA is expected to complete their review
of the Aug. 16 submission within 180 days; or, on or before Feb. 12, 2000.
WARNING: The company relies upon litigation protection for
"forward-looking" statements.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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