QLT announces first quarter result...(be available via the Internet and also v...),Health

About QLT

QLT Inc. is a global biopharmaceutical company dedicated to the discovery, development and commercialization of innovative therapies. Our research and development efforts are focused on pharmaceutical products in the field of ophthalmology. In addition, we utilize three unique technology platforms, photodynamic therapy, Atrigel(R) and punctal plugs with drugs, to create products such as Visudyne(R) and Eligard(R) and future product opportunities. For more information, visit our web site at www.qltinc.com.

    QLT Inc. - Financial Highlights
    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
    -----------------------------------------------
                                                          Three months ended
                                                              March 31,
    (In thousands of United States dollars,
     except per share information)                        2009          2008
    -------------------------------------------------------------------------
    (Unaudited)
    Revenues
      Net product revenue                           $   20,817    $   20,016
      Royalties                                          8,907         6,301
      Licensing, milestones and other                      367           377
    -------------------------------------------------------------------------
                                                    $   30,091    $   26,694
    -------------------------------------------------------------------------

    Costs and expenses
      Cost of sales(1)                                  12,998        11,757
      Research and development                           5,886         8,048
      Selling, general and
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SOURCE  QLT Inc.
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