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Biotech / Medical : QLT PhotoTherapeutics (QLTI) -- Ignore unavailable to you. Want to Upgrade?


To: BostonView who wrote (994)8/29/2000 5:52:19 PM
From: Ian@SI  Read Replies (1) | Respond to of 1321
 
August 29, 2000

CIBA, QLT Get US FDA Priority Review
Status For Visudyne

VANCOUVER -- CIBA Vision Corp. and QLT Inc.'s (QLTI) have
received U.S. Food and Drug Administration priority-review status for
their supplemental new drug application for Visudyne therapy.

As reported, the application is to expand Visudyne therapy for the
treatment of eye diseases beyond age-related macular degeneration.

In a press release, the companies said the status means that the FDA
intends to act on the application within six months.

CIBA Vision researches, develops and makes optical and ophthalmic
products and services. CIBA Vision is the eye care unit of Novartis AG
(NVS), a healthcare company.

QLT Inc. develops and commercializes proprietary pharmaceutical
products for use in photodynamic therapy.

Company Web Sites: cibavision.com and
qltinc.com