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Biotech / Medical : QLT PhotoTherapeutics (QLTI)

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To: Ian@SI who wrote (1145)	12/22/2000 12:03:39 AM
From: Edward W. Richmond	Read Replies (2) of 1321

Ian, I also like the prospects for skin cancer after the exceptional results in the Phase !! trials. I believe that there is a huge market in sunny areas like Arizona. During our Arizona vacation this year, I was surprises to see several seniors with bandages on their faces. Our friend who lives there was one that I observed. I discovered that the bandages covered very recent surgery for skin cancer. Our friend has had many operations and more are needed. I believe that the medical and cosmetic benefits of PDT for these individuals is obvious. I suspect that the market is huge. As we become much more aware of the destructive properties of excessive exposure to the sun's rays, future generations may not require the magnitude of skin cancer treatment that the present one does and will. However, in spite of the great clinical trial results, I believe this is an area of treatment that the market has not factored into its analysis of QLT. I do look forward to a better price action once we get tax-loss selling behind us. Best regards. Have a great Holiday Season! Ed

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