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QLT announces encouraging Phase II data from core study of Punctal Plug Drug Delivery System
Date:10/28/2008

lled release drug delivery system that utilizes the puncta to house a drug-eluting device. The L-PPDS is currently being investigated as a treatment for OAG and OH patients to particularly address patient non-compliance issues. The punctal plug delivery system is a non-invasive drug delivery system that is being developed with a goal of enabling delivery of a variety of drugs to the eye over time through sustained release to the tear film.

About Prostaglandins

Prostaglandins represent the largest segment of the U.S. glaucoma market. Latanoprost is an active ingredient that has been approved by the Food and Drug Administration for reducing elevated intraocular pressure in patients with open-angle glaucoma or ocular hypertension. It is the most-prescribed glaucoma medicine in the world and in 2007 had franchise sales of $1.7 billion (IMS Health).

Conference call information

QLT Inc. will hold an investor conference call to discuss third quarter 2008 results and the CORE L-PPDS study results today, Tuesday, October 28, 2008 at 8:30 a.m. ET (5:30 a.m. PT). The call with slides will be broadcast live via the Internet at http://www.qltinc.com. To participate on the call, please dial 1-800-319-4610 (North America) or 604-638-5340 (International) before 8:30 a.m. ET. For those dialing in to the call, the presentation slides will be available on QLT's web site at http://www.qltinc.com/Qltinc/main/mainpages.cfm?InternetPageID=366. A replay of the call will be available via the Internet and also via telephone at 1-800-319-6413 (North America) or 604-638-9010 (International), access code 7157, followed by the number sign.

About QLT

QLT Inc. is a global biopharmaceutical company dedicated to the discovery, development and commercialization of innovative therapies. Our research and development ef
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SOURCE QLT Inc.
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